38) Solo traders has the following transactions for the month of January 2019. 9- Goods purchased and paid cash of RO 2,200 14- Paid office expenses of RO 1,240 19- Paid a monthly loan to Bank Muscat of RO 1,450. 24- Paid RO 7,500 to Black traders for the goods purchased on credit. Calculate and show the amount which will be transferred to Total column of Cash payments book for the month of January 2019? a. RO 2,200 b. RO 12,390 c. RO 1,240 d. RO 7,500
38) Solo traders has the following transactions for the month of January 2019. 9- Goods purchased and paid cash of RO 2,200 14- Paid office expenses of RO 1,240 19- Paid a monthly loan to Bank Muscat of RO 1,450. 24- Paid RO 7,500 to Black traders for the goods purchased on credit. Calculate and show the amount which will be transferred to Total column of Cash payments book for the month of January 2019? a. RO 2,200 b. RO 12,390 c. RO 1,240 d. RO 7,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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38)
Solo traders has the following transactions for the month of January 2019.
Calculate and show the amount which will be transferred to Total column ofCash payments book for the month of January 2019?
|
9- Goods purchased and paid cash of RO 2,200 14- Paid office expenses of RO 1,240
19- Paid a monthly loan to Bank Muscat of RO 1,450. 24- Paid RO 7,500 to Black traders for the goods purchased on credit.
|
Calculate and show the amount which will be transferred to Total column of
a.
RO 2,200
b.
RO 12,390
c.
RO 1,240
d.
RO 7,500
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