How much amount of income a manager can transfer from the future period to the current period, which would benefit the manager to I have higher commission?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question
Following business details of Al Maha
Corporation for the year 2015 is given in the
below table:
Business Details
Staff salary for the month of December 4,000
due
OMR
1,500
Tax due on 31s December 2015
Loss of goods by theft
Sales order received from a customer 2,200
which need to be delivered on 15th
March 2016
Purchase of goods
How much amount of income a manager can
transfer from the future period to the current
period, which would benefit the manager to
have higher commission?
a) OMR 7,000
b) OMR 4,000
c) OMR 6,20O
d) OMR 7,700
500
800
Transcribed Image Text:Following business details of Al Maha Corporation for the year 2015 is given in the below table: Business Details Staff salary for the month of December 4,000 due OMR 1,500 Tax due on 31s December 2015 Loss of goods by theft Sales order received from a customer 2,200 which need to be delivered on 15th March 2016 Purchase of goods How much amount of income a manager can transfer from the future period to the current period, which would benefit the manager to have higher commission? a) OMR 7,000 b) OMR 4,000 c) OMR 6,20O d) OMR 7,700 500 800
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