Diamond trading company had calculated the total Assets of RO 350,400 and the Equity amount of RO 145,000 during the year ended 31st December 2019. As an accountant of this business calculate the value of total Liabilities for the year 2019. a. RO 151,300 b. RO 495,400 c. RO 145,000 d. RO 205,400

Diamond trading company had calculated the total Assets of RO 350,400 and the Equity amount of RO 145,000 during the year ended 31st December 2019. As an accountant of this business calculate the value of total Liabilities for the year 2019. a. RO 151,300 b. RO 495,400 c. RO 145,000 d. RO 205,400

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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43)

RO 151,300

RO 495,400

RO 145,000

RO 205,400

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