Zuhoor Muscat Company is a manufacturer of miniature security cameras. On 31 March 2021, the following balances are shown in its ledger accounts after adjustments Cash: RO 3.425: Wages Payable: RO 440; Office Equipment: RO 51,650, Accumulated Depreciation Office Equipment: RO 14,650, Accounts Receivable: RO 8,000, Patents: RO 2,000, Unearned Fees: RO 750: Share Capital RO 47,000; Accounts Payable: RO 925; Supplies: RO 380: Retained Earnings: RO 995; and Prepaid insurance RO 305: Notes Payable: RO 1.000. The total assets appearing in the Statement of Financial Position on 31 March 2021 is
Zuhoor Muscat Company is a manufacturer of miniature security cameras. On 31 March 2021, the following balances are shown in its ledger accounts after adjustments Cash: RO 3.425: Wages Payable: RO 440; Office Equipment: RO 51,650, Accumulated Depreciation Office Equipment: RO 14,650, Accounts Receivable: RO 8,000, Patents: RO 2,000, Unearned Fees: RO 750: Share Capital RO 47,000; Accounts Payable: RO 925; Supplies: RO 380: Retained Earnings: RO 995; and Prepaid insurance RO 305: Notes Payable: RO 1.000. The total assets appearing in the Statement of Financial Position on 31 March 2021 is
Chapter1: Financial Statements And Business Decisions
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Zuhoor Muscat Company is a manufacturer of miniature security cameras. On 31 March 2021, the following balances are shown in its ledger accounts after adjustments Cash: RO 3.425: Wages Payable: RO 440; Office Equipment: RO 51,650, Accumulated Depreciation Office Equipment: RO 14,650, Accounts Receivable : RO 8,000, Patents: RO 2,000, Unearned Fees: RO 750: Share Capital RO 47,000; Accounts Payable: RO 925; Supplies: RO 380: Retained Earnings : RO 995; and Prepaid insurance RO 305: Notes Payable: RO 1.000. The total assets appearing in the Statement of Financial Position on 31 March 2021 is
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