Calculate Source of Fund, Net assets from the information given below: Particulars OMR Particulars OMR Share capital 60,000 Capital reserve 2,500 Bank 22,500 General reserve 22,500 Creditors 32,500 Loans to other companies 27,000 Borrowings 5,000 Agents balance 27,500 Provision for doubtful 500 Debtors 11,500 debt Electrical fittings 2,500 Outstanding premium 3,000 Source of funds OMR 90,000 None of these OMR 85,000 OMR 87,500

Calculate Source of Fund, Net assets from the information given below: Particulars OMR Particulars OMR Share capital 60,000 Capital reserve 2,500 Bank 22,500 General reserve 22,500 Creditors 32,500 Loans to other companies 27,000 Borrowings 5,000 Agents balance 27,500 Provision for doubtful 500 Debtors 11,500 debt Electrical fittings 2,500 Outstanding premium 3,000 Source of funds OMR 90,000 None of these OMR 85,000 OMR 87,500

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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