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48. Moon Travel Company is about to close its books of account as the year is going to end. For a reason, the company wants to know about their total fixed assets from some available information. The information includes building RO 50000, land RO 25000, Office Stationery expense RO 500, Creditors RO 5000, and Plant RO 50000. So, the total assets of the company are _________. a. RO 125500 b. RO 130500 c. RO 125000 d. None of the options

48. Moon Travel Company is about to close its books of account as the year is going to end. For a reason, the company wants to know about their total fixed assets from some available information. The information includes building RO 50000, land RO 25000, Office Stationery expense RO 500, Creditors RO 5000, and Plant RO 50000. So, the total assets of the company are _________. a. RO 125500 b. RO 130500 c. RO 125000 d. None of the options

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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48. Moon Travel Company is about to close its books of account as the year is going to end. For a reason, the company wants to know about their total fixed assets from some available information. The information includes building RO 50000, land RO 25000, Office Stationery expense RO 500, Creditors RO 5000, and Plant RO 50000. So, the total assets of the company are _________. a. RO 125500 b. RO 130500 c. RO 125000 d. None of the options
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