On 5 December 2020, Salalah Tradingcompany sold goods to a customer onaccount for 37800 OMR.Which of the following is the correct journalentry for the transaction?Select one:O A.DateAccountsDebit Credit(RO)(RO)Receivable3780005.12.2020Sales37800(Revenue)O B.DateAccountsDebit Credit(RO)(RO)Cash3780005.12.2020Sales37800(Revenue)С.DateAccountsDebit Credit(RO)(RO)Sales37800(Revenue)05.12.2020Receivable37800O D.DateAccountsDebit Credit(RO)(RO)Receivable7380005.12.2020Sales73800(Revenue) The salary paid per month is OMR 550 P.M.On 31st December 2020 the trial balanceshowed salary expenses as OMR 4950.Pass the journal entry for the outstandingamount.

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On 5 December 2020, Salalah Trading company sold goods to a customer on account for 37800 OMR. Which of the following is the correct journal entry for the transaction? Select one: O A. Date Accounts Debit Credit (RO) (RO) Receivable 37800 05.12.2020 Sales 37800 (Revenue) О в. Date Accounts Debit Credit (RO) (RO) Cash 37800 |05.12.202이 Sales (Revenue) 37800 Date Accounts Debit Credit (RO) (RO) Sales (Revenue) 37800 05.12.202아 Receivable 37800 D. Date Accounts Debit Credit (RO) (RO) Receivable 73800 05.12.2020 Sales 73800 (Revenuel

On 5 December 2020, Salalah Trading company sold goods to a customer on account for 37800 OMR. Which of the following is the correct journal entry for the transaction? Select one: O A. Date Accounts Debit Credit (RO) (RO) Receivable 37800 05.12.2020 Sales 37800 (Revenue) О в. Date Accounts Debit Credit (RO) (RO) Cash 37800 |05.12.202이 Sales (Revenue) 37800 Date Accounts Debit Credit (RO) (RO) Sales (Revenue) 37800 05.12.202아 Receivable 37800 D. Date Accounts Debit Credit (RO) (RO) Receivable 73800 05.12.2020 Sales 73800 (Revenuel

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 9RE: Refer to RE6-8. On April 23, 2020, McKinncy Co. receives a check, from Mangold Corporation for...

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