Extract of Balance sheet items as at 31 December 2019 OR Building 35000 Account receivables 3500 Capital 120000 Closing Stock 5000 Short term Loan 3000 Bank overdraft 4500 Cash 500 Long term loan 7500 Machinery 1650 Account payables 5000 Accumulated Depreciation 1000 Short term Investments 200 Copy rights 4500 Drawings 1000 Retained Earnings 7150 Rent Payable 1800 Calculate Total Current Liabilities Select one: a. 11300 OMR b. 14300 OMR c. 6800 OMR d. 11800 OMR
Extract of Balance sheet items as at 31 December 2019 OR Building 35000 Account receivables 3500 Capital 120000 Closing Stock 5000 Short term Loan 3000 Bank overdraft 4500 Cash 500 Long term loan 7500 Machinery 1650 Account payables 5000 Accumulated Depreciation 1000 Short term Investments 200 Copy rights 4500 Drawings 1000 Retained Earnings 7150 Rent Payable 1800 Calculate Total Current Liabilities Select one: a. 11300 OMR b. 14300 OMR c. 6800 OMR d. 11800 OMR
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter8: Current And Contingent Liabilities
Section: Chapter Questions
Problem 2MCQ
Related questions
Question
Extract of
OR |
|
Building |
35000 |
|
3500 |
Capital |
120000 |
Closing Stock |
5000 |
Short term Loan |
3000 |
Bank overdraft |
4500 |
Cash |
500 |
Long term loan |
7500 |
Machinery |
1650 |
Account payables |
5000 |
|
1000 |
Short term Investments |
200 |
Copy rights |
4500 |
Drawings |
1000 |
|
7150 |
Rent Payable |
1800 |
Select one:
a. 11300 OMR
b. 14300 OMR
c. 6800 OMR
d. 11800 OMR
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