A cash account increased by OMR.8 80,000 , OMR 50,000 and OMR 10,000, while it decreased by OMR 8,000, OMR 20,000 and OMR 25,000. You are required to draw a "T" account for cash account and find out a. Normal balance . b. In (O Jezo ć Jlgw). which side it is shown (äbäi 5) تحمیل ملف أقصی حد مسموح به لعدد الملفات: 8 أقصی حد مسموح به لحجم الملف الواحد 1GB أنواع الملفات المسموح بها: Word,, PDFصورة a. Nasser produced supplies from .9 Macdonald properties . The purchase price was 20,000 OMR due in 60 days. What is the journal entry ? (4 Marks) b. The asset of a company is 5200 OMR and the owners equity is 8600 OMR . What is the liability of the company ? Kindly show your workings ? (4 Marks) c. What is the effect of debit and credit on revenue account ? (2 Marks ) )10 نقطة(

FINANCIAL ACCOUNTING
10th Edition
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Chapter1: Financial Statements And Business Decisions
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"I| 13%
MAKE UP PRINCIPLES OF ACCOUNTI..
A cash account increased by OMR .8
80,000 , OMR 50,000 and OMR 10,000,
while it decreased by OMR 8,000, OMR
20,000 and OMR 25,000. You are required
to draw a "T" account for cash account
and find out a. Normal balance . b. In
(O Jsezo i Jlås). which side it is shown
(ähö 5)
تحمیل ملف
حد مسموح به لعدد الملفات: 8 اقصی حد مسموح به لحجم الملف الواحد:
أقصی
1GB أنواع الملفات المسموح بها: Word,, PDFصورة
a. Nasser produced supplies from .9
Macdonald properties . The purchase price
was 20,000 OMR due in 60 days . What is
the journal entry? (4 Marks)
b. The asset of a company is 5200 OMR
and the owners equity is 8600 OMR . What
is the liability of the company ? Kindly
show your workings ? (4 Marks)
c. What is the effect of debit and credit on
revenue account ? (2 Marks )
)10 نقطة(
أدخل إجابتك
Transcribed Image Text:"I| 13% MAKE UP PRINCIPLES OF ACCOUNTI.. A cash account increased by OMR .8 80,000 , OMR 50,000 and OMR 10,000, while it decreased by OMR 8,000, OMR 20,000 and OMR 25,000. You are required to draw a "T" account for cash account and find out a. Normal balance . b. In (O Jsezo i Jlås). which side it is shown (ähö 5) تحمیل ملف حد مسموح به لعدد الملفات: 8 اقصی حد مسموح به لحجم الملف الواحد: أقصی 1GB أنواع الملفات المسموح بها: Word,, PDFصورة a. Nasser produced supplies from .9 Macdonald properties . The purchase price was 20,000 OMR due in 60 days . What is the journal entry? (4 Marks) b. The asset of a company is 5200 OMR and the owners equity is 8600 OMR . What is the liability of the company ? Kindly show your workings ? (4 Marks) c. What is the effect of debit and credit on revenue account ? (2 Marks ) )10 نقطة( أدخل إجابتك
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