Extract of Balance sheet items  as at 31 December 2020     OR Equipment 20000 Goodwill 4500  Creditors 1000 Land 35000 Account  receivables                                                                                3500  Capital 11500  Closing Stock 15000 Loan 3000 Bank overdraft 3200 Cash 2500 Mortagage loan 7500  Machinery 1650 Trade payables 5700 Accumulated Depreciation (Equipment) 1000 Short term Investments 2200 Trade marks 6000  Drawings 1000 Retained Earnings 9150 Prepaid Expenses 2300       MC Select one: a. 81750 OMR b. 9900 OMR c. 10500 OMR d. 91650 OMR

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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Extract of Balance sheet items  as at 31 December 2020

 

 

OR

Equipment

20000

Goodwill

4500 

Creditors

1000

Land

35000

Account  receivables                                                                               

3500 

Capital

11500 

Closing Stock

15000

Loan

3000

Bank overdraft

3200

Cash

2500

Mortagage loan

7500 

Machinery

1650

Trade payables

5700

Accumulated Depreciation (Equipment)

1000

Short term Investments

2200

Trade marks

6000 

Drawings

1000

Retained Earnings

9150

Prepaid Expenses

2300

   

 

MC

Select one:
a. 81750 OMR
b. 9900 OMR
c. 10500 OMR
d. 91650 OMR
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