4G I. ۱ ۱:۳۷ A elearning.ibrict.edu.om | General | Midterm Examination -BAAC1102 Principles of Accounting Time left 2:07:21 Question 2 Not yet answered Marked out of 0.50 P Flag question Assume that...


4G I.<br>۱ ۱:۳۷<br>A elearning.ibrict.edu.om<br>| General<br>| Midterm Examination -BAAC1102 Principles of<br>Accounting<br>Time left 2:07:21<br>Question 2<br>Not yet answered<br>Marked out of 0.50<br>P Flag question<br>Assume that Mr Hamed purchased a Truck for<br>OMR 25000 and paid cash immediately. From<br>the following given options, find out the effect<br>of above transaction.<br>a. None of the given options<br>O b. Increase in assets and liabilities by<br>OMR 25,000<br>C.<br>Trucks increased and cash decreased<br>by OMR 25,000<br>O d. Increase in assets and decreased in<br>capital by OMR 25,000<br>Previous page<br>Next page<br>

Extracted text: 4G I. ۱ ۱:۳۷ A elearning.ibrict.edu.om | General | Midterm Examination -BAAC1102 Principles of Accounting Time left 2:07:21 Question 2 Not yet answered Marked out of 0.50 P Flag question Assume that Mr Hamed purchased a Truck for OMR 25000 and paid cash immediately. From the following given options, find out the effect of above transaction. a. None of the given options O b. Increase in assets and liabilities by OMR 25,000 C. Trucks increased and cash decreased by OMR 25,000 O d. Increase in assets and decreased in capital by OMR 25,000 Previous page Next page

Jun 11, 2022
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