9) Omani Company reported equity of RO 130,000 on March 1. During the month, The Company generated revenue of RO 30,000; incurred expenses of RO 22,000; purchased a building for RO 25,000 and paid dividends of RO 6,000 and shareholder made additional investment of RO 20,000 in return for shares. What is the amount of equity at the end of the month of March 31? RO 152,000 RO 22,000 RO 132,000 RO 177,000
9) Omani Company reported equity of RO 130,000 on March 1. During the month, The Company generated revenue of RO 30,000; incurred expenses of RO 22,000; purchased a building for RO 25,000 and paid dividends of RO 6,000 and shareholder made additional investment of RO 20,000 in return for shares. What is the amount of equity at the end of the month of March 31? RO 152,000 RO 22,000 RO 132,000 RO 177,000
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter14: Statement Of Cash Flows
Section: Chapter Questions
Problem 32BEB: During 20X2, Evans Company had the following transactions: a. Cash dividends of 6,000 were paid. b....
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