On April 1st, Shareholders invested OMR 60,000 cash in exchange for ordinary :shares. The Journal Entry should be اخترأحد الخیارات a. DEBIT Cash OMR 60,000 and CREDIT Equipment OMR 60,000 b. DEBIT...

On April 1st, Shareholders invested OMR<br>60,000 cash in exchange for ordinary<br>:shares. The Journal Entry should be<br>اخترأحد الخیارات<br>a. DEBIT Cash OMR 60,000 and CREDIT<br>Equipment OMR 60,000<br>b. DEBIT Cash OMR 60,000 and CREDIT<br>Share Capital OMR 60,000<br>c. DEBIT Cash OMR 60,000 and CREDIT<br>Accounts Receivable OMR 60,000<br>d. DEBIT Share Capital OMR 60,000 and<br>CREDIT Cash OMR 60,000<br>e. None of the answers are correct<br>

Extracted text: On April 1st, Shareholders invested OMR 60,000 cash in exchange for ordinary :shares. The Journal Entry should be اخترأحد الخیارات a. DEBIT Cash OMR 60,000 and CREDIT Equipment OMR 60,000 b. DEBIT Cash OMR 60,000 and CREDIT Share Capital OMR 60,000 c. DEBIT Cash OMR 60,000 and CREDIT Accounts Receivable OMR 60,000 d. DEBIT Share Capital OMR 60,000 and CREDIT Cash OMR 60,000 e. None of the answers are correct

Jun 11, 2022

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On April 1st, Shareholders invested OMR 60,000 cash in exchange for ordinary :shares. The Journal Entry should be اخترأحد الخیارات a. DEBIT Cash OMR 60,000 and CREDIT Equipment OMR 60,000 b. DEBIT...

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