Answered: In capital ledger account, debit side…

In capital ledger account, debit side total is OMR 50,000 and credit side total is OMR 30,000. Calculate the amount for Balance C/D. O a. OMR 50,000 O b. OMR 30,000 O C. OMR 80,000 O d. OMR 20,000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 13GI

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Question

In capital ledger account, debit side total is OMR 50,000 and credit side total is OMR 30,000. Calculate the amount for Balance C/D.
O a. OMR 50,000
O b. OMR 30,000
O c. OMR 80,000
O d. OMR 20,000

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