A company purchase supplies and pays OMR 1,300 in cash, the journal entry will include. O a. Debit Supplies OMR 1,300 and credit Accounts Payable OMR 1,300. O b. Debit Supplies OMR 1,300 and credit Cash OMR 1,300 O C. Debit Accounts Payable OMR 1,300 and credit Supplies OMR 1,300. O d. Debit Cash OMR 1,300 and credit Supplies OMR 1,300. True Value is a company providing cleaning services to customers amounting to OMR 4,500 on credit, journal entry shall be. O a. Debit Cash OMR 4,500 and credit Service Revenues OMR 4,500. O b. Debit Service Revenues OMR 4,500 and credit Accounts Receivable OMR 4,500. c. Debit Service Revenues OMR 4,500 and credit Cash OMR 4,500. O d. Debit Accounts Receivable OMR 4,500 and credit Service Revenues OMR 4,500.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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A company purchase supplies and pays OMR 1,300 in cash, the journal entry will include.
O a. Debit Supplies OMR 1,300 and credit Accounts Payable OMR 1,300.
of
O b. Debit Supplies OMR 1,300 and credit Cash OMR 1,300
O c.
Debit Accounts Payable OMR 1,300 and credit Supplies OMR 1,300.
tion
O d. Debit Cash OMR 1,300 and credit Supplies OMR 1,300.
True Value is a company providing cleaning services to customers amounting to OMR 4,500 on credit, t
journal entry shall be.
Debit Cash OMR 4,500 and credit Service Revenues OMR 4,500.
O a.
O b. Debit Service Revenues OMR 4,500 and credit Accounts Receivable OMR 4,500.
on
O c. Debit Service Revenues OMR 4,500 and credit Cash OMR 4,500.
Od. Debit Accounts Receivable OMR 4,500 and credit Service Revenues OMR 4,500.
Which nf +he following accountc will aot nffoctod whancach ic rocavod from calo mado on 2ccount in
here to search
Transcribed Image Text:Clear my choice A company purchase supplies and pays OMR 1,300 in cash, the journal entry will include. O a. Debit Supplies OMR 1,300 and credit Accounts Payable OMR 1,300. of O b. Debit Supplies OMR 1,300 and credit Cash OMR 1,300 O c. Debit Accounts Payable OMR 1,300 and credit Supplies OMR 1,300. tion O d. Debit Cash OMR 1,300 and credit Supplies OMR 1,300. True Value is a company providing cleaning services to customers amounting to OMR 4,500 on credit, t journal entry shall be. Debit Cash OMR 4,500 and credit Service Revenues OMR 4,500. O a. O b. Debit Service Revenues OMR 4,500 and credit Accounts Receivable OMR 4,500. on O c. Debit Service Revenues OMR 4,500 and credit Cash OMR 4,500. Od. Debit Accounts Receivable OMR 4,500 and credit Service Revenues OMR 4,500. Which nf +he following accountc will aot nffoctod whancach ic rocavod from calo mado on 2ccount in here to search
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