FINAL EXAM (page T o m sct.edu.om/elearning/mod/q TAS - Salalah - ELearning Question 8 E-max sold Dishwashers on credit, worth OMR 55,000 to customers, out of these Dishwashers customers return damaged Dishwashers for OMR 6,000. Record the entry for the Dishwashers returned? Not yet onswered Marked out of O a. Debit Sales returns and allowance 6,000; Credit A/c Recelvable 6,000 O b. Debit Accounts recelvable 55,000; Credit Refrigerators 55,000 O C. Debit Bad debts expense 38,000; Credit A/c Receivable 38,000 Od. Debit A/c Receivable 6,000; Credit Sales returns and allowance 6,000 P Flag question Question 9 Not yet answered Dohfar Power Company Issues a cheque of OMR 10,000 to its supplier, but this was not shown on bank statement. How is this OMR 10,000 shown on bank reconciliatian statement? Marked out af O a As an Unpresented cheque added to the bank statement balance o b. As an Uncredited deposit added to the bank statement balance P Flog question O . As an Unpresented cheque deducted from the bank statement balance O d. As an Uncredited deposit deducted from the bank statement balance Question 10 Which of the following is nomally treated as a contingent liability? Not yat answorad O a. clams for damages by a customer, where the reporting company believes the customer will be unsuccessful O b. none of these Markod out of F Flog quastion O c the corporation tax liability for the reporting period O d an electricity bill lor the final quarter of the reporting perlod that has not been received by the year-end Next page AFR 4) W DELL F1 F3 F4 FS F6 F7 F8 F9 F10 F11 GLIO 144 % 50 & 3r 48 7V 99 W T

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter11: Accounting For Transactions Using A General Journal
Section: Chapter Questions
Problem 1CP
icon
Related questions
Question
FINAL EXAM (page T o m
sctedu.om/elearning/mod/a
TAS - Salalah - ELearning
Question 8
E-max sold Dishwashers on credit, worth OMR 55,000 to customers, out of these Dishwashers customers return damaged Dishwashers
for OMR 6,000. Record the entry for the Dishwashers returned?
Not yet
answered
Marked out of
O a. Debit Sales returns and allowance 6,000; Credit A/c Recelvable 6,000
O b. Debit Accounts recelvable 55,000; Credit Refrigerators 55,000
O c. Debit Bad debts expense 38,000; Credit A/c Receivable 38,000
Od. Debit A/c Receivable 6,000; Credit Sales returns and allowance 6,000
P Flag
question
Question 9
Not yet
answered
Dohfar Power Company Issues a cheque of OMR 10,000 to its supplier, but this was not shown on bank statement. How is this OMR 10,000
shown on bank reconciliatian statement?
Marked out af
O a As an Unpresented cheque added to the bank statement balance
o b. As an Uncredited deposit added to the bank statement balance
P Flog
question
O C As an Unpresented cheque deducted from the bank statement balance
O d. As an Uncredited deposit deducted from the bank statement balance
Question 10
Which of the following is nomally treated as a contingent liability?
Not yut
answorad
O a. clams for damages by a customer, where the reporting company believes the customer will be unsuccessful
O b. none of these
Markod out of
P Flog
quastion
Oc the corporation tax liability for the reporting period
O d an electricity bill lor the final quarter of the reporting perlod that has not been received by the year-end
Next page
AFR 4)
W
DELL
F1
F3
F4
FS
F6
F7
F8
F9
F10
F11
GLIO
144
%
50
&
3r
48
7 V
99
W
E·
T
Transcribed Image Text:FINAL EXAM (page T o m sctedu.om/elearning/mod/a TAS - Salalah - ELearning Question 8 E-max sold Dishwashers on credit, worth OMR 55,000 to customers, out of these Dishwashers customers return damaged Dishwashers for OMR 6,000. Record the entry for the Dishwashers returned? Not yet answered Marked out of O a. Debit Sales returns and allowance 6,000; Credit A/c Recelvable 6,000 O b. Debit Accounts recelvable 55,000; Credit Refrigerators 55,000 O c. Debit Bad debts expense 38,000; Credit A/c Receivable 38,000 Od. Debit A/c Receivable 6,000; Credit Sales returns and allowance 6,000 P Flag question Question 9 Not yet answered Dohfar Power Company Issues a cheque of OMR 10,000 to its supplier, but this was not shown on bank statement. How is this OMR 10,000 shown on bank reconciliatian statement? Marked out af O a As an Unpresented cheque added to the bank statement balance o b. As an Uncredited deposit added to the bank statement balance P Flog question O C As an Unpresented cheque deducted from the bank statement balance O d. As an Uncredited deposit deducted from the bank statement balance Question 10 Which of the following is nomally treated as a contingent liability? Not yut answorad O a. clams for damages by a customer, where the reporting company believes the customer will be unsuccessful O b. none of these Markod out of P Flog quastion Oc the corporation tax liability for the reporting period O d an electricity bill lor the final quarter of the reporting perlod that has not been received by the year-end Next page AFR 4) W DELL F1 F3 F4 FS F6 F7 F8 F9 F10 F11 GLIO 144 % 50 & 3r 48 7 V 99 W E· T
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Financial Reporting in Hyperinflationary Economies
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Century 21 Accounting General Journal
Century 21 Accounting General Journal
Accounting
ISBN:
9781337680059
Author:
Gilbertson
Publisher:
Cengage
Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub