Zuhoor Muscat Company is a manufacturer of thermal imaging camerasOn 31 March 2021, the following balances are shown in its ledger accounts after adjustments: Cash: RO 3,425; Wages Payable: RO 440;...

Zuhoor Muscat Company is a manufacturer of thermal imaging camerasOn 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; Fees Income: RO 60,625 ; Wages Expense: RO 22,855; Depreciation Expense: RO 4,950; Rent Expense: RO 4,200; Utilities Expense: RO 2.715Supplies Expense: RO 890; Insurance Expense: RO 315; Miscellaneous Expense: RO 1,505; Unearned Fees : RO 750; Share Capital: RO 47,995Accounts Payable: RO 925; Supplies: RO 380; Prepaid Insurance RO 305; Notes Payable: RO 1, 000 ; Retained Earnings 1 April 2020: RO Dividends : RO 5,200. The ending balance on Retained Earnings on 31 March 2021 is :

Jun 10, 2022
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