On 5 December 2020, Salalah Tradingcompany sold goods to a customer onaccount for 37800 OMR.Which of the following is the correct journalentry for the transaction?Select one:O A.DateAccountsDebit Credit(RO)(RO)Receivable3780005.12.2020Sales37800(Revenue)O B.DateAccountsDebit Credit(RO)(RO)Cash3780005.12.2020Sales37800(Revenue)С.DateAccountsDebit Credit(RO)(RO)Sales37800(Revenue)05.12.2020Receivable37800O D.DateAccountsDebit Credit(RO)(RO)Receivable7380005.12.2020Sales73800(Revenue) The salary paid per month is OMR 550 P.M.On 31st December 2020 the trial balanceshowed salary expenses as OMR 4950.Pass the journal entry for the outstandingamount.

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On 5 December 2020, Salalah Trading company sold goods to a customer on account for 37800 OMR. Which of the following is the correct journal entry for the transaction? Select one: O A. Date Accounts Debit Credit (RO) (RO) Receivable 37800 05.12.2020 Sales 37800 (Revenue) О в. Date Accounts Debit Credit (RO) (RO) Cash 37800 |05.12.202이 Sales (Revenue) 37800 Date Accounts Debit Credit (RO) (RO) Sales (Revenue) 37800 05.12.202아 Receivable 37800 D. Date Accounts Debit Credit (RO) (RO) Receivable 73800 05.12.2020 Sales 73800 (Revenuel

On 5 December 2020, Salalah Trading company sold goods to a customer on account for 37800 OMR. Which of the following is the correct journal entry for the transaction? Select one: O A. Date Accounts Debit Credit (RO) (RO) Receivable 37800 05.12.2020 Sales 37800 (Revenue) О в. Date Accounts Debit Credit (RO) (RO) Cash 37800 |05.12.202이 Sales (Revenue) 37800 Date Accounts Debit Credit (RO) (RO) Sales (Revenue) 37800 05.12.202아 Receivable 37800 D. Date Accounts Debit Credit (RO) (RO) Receivable 73800 05.12.2020 Sales 73800 (Revenuel

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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