Land OMR 10,000; capital OMR 10,000; sales OMR 7,000; furniture OMR 7,000; salary OMR 2.000; rent OMR 1,000; creditors OMR 1,000; loan OMR 2,000. What is the total amount of debit and credit column of trail balance? O a. OMR 27,000 O b. OMR 22,000 O C. OMR 18,000 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
icon
Related questions
Topic Video
Question
Land OMR 10,000; capital OMR 10,000; sales OMR 7,000; furniture OMR 7,000; salary OMR 2,000; rent OMR 1,000; creditors OMR
1,000; loan OMR 2,000. What is the total amount of debit and credit column of trail balance?
O a. OMR 27,000
O b. OMR 22,000
O c. OMR 18,000
d. OMR 20,000
Transcribed Image Text:Land OMR 10,000; capital OMR 10,000; sales OMR 7,000; furniture OMR 7,000; salary OMR 2,000; rent OMR 1,000; creditors OMR 1,000; loan OMR 2,000. What is the total amount of debit and credit column of trail balance? O a. OMR 27,000 O b. OMR 22,000 O c. OMR 18,000 d. OMR 20,000
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Accounting Equation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Quickbooks Online Accounting
Quickbooks Online Accounting
Accounting
ISBN:
9780357391693
Author:
Owen
Publisher:
Cengage