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1. What will be the amount of prepaid rent after adjustment? OMR 2000OMR 14500OMR 14500OMR 12000 2. Journal entry for expired rent? Debit rent expense

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1. What will be the amount of prepaid rent after adjustment?

OMR 2000OMR 14500OMR 14500OMR 12000

2. Journal entry for expired rent?

Debit rent expense credit prepaid rentDebit supplies credit supplies expenseDebit supplies credit cashDebit supplies credit supply

3. Journal entry for the adjustment of unearned revenue is?

Debit unearned revenue 2500 credit revenue 2500Insurance expense 6000Prepaid insurance 6000Insurance expense 3000

4. Calculate total accumulation depreciation of vehicle after adjustment:

OMR 350OMR 550OMR 4800OMR 600

5. Journal entry for accrued salary is?

Debit revenue 20000 credit unearned revenue 20000Debit cash 5000 credit revenue 5000Debit cash 150 credit revenue 500Debit salary expense credit salary payable

6. The journal entry for cost of goods sold

Debit sales credit inventoryDebit Purchase credit inventoryDebit cost of goods sold credit SalesDebit cost of goods sold credit inventory

7. Calculate the value of service revenue after adjustment :

OMR 20500OMR 104000OMR 99500OMR 113000

8. Journal entry for recording depreciation of furniture?

Debit Depreciation Expense 9000 credit Accumulated Depreciation 1900Debit Depreciation Expense 300 credit Accumulated Depreciation 300Debit Depreciation Expense 1900 credit Accumulated Depreciation 1900Debit Accumulated Depreciation Depreciation 900 credit Expense900

9. Calculate the amount of cost of sales after the adjustment:

OMR 3000OMR 9000OMR 4600OMR 12000

10. The Adjusted trial balance amount in both debit and credit will be?

From the given Unadjusted trial balance and the additional information for the QBX company answer the follo Unadjusted Trial Balance as on 31 December 2020 Credit Debit 15000 3000 20000 12000 4000 2800 6000 18000 2200 2000 6000 Account Title furniture Accumulation depreciation - furniture Cash Vehicle Accumulation depreciation - Vehicle Accounts payable Retained earnings Service revenue rent received Interest revenue inventory Dividends prepaid rent Accounts payable Accounts receivable Interest payable Wages payable Office supplies Supply Expense Interest Expense Salary Expense Unearned revenue Wages Expense Capital total 1200 7500 5850 7230 5200 350 6400 4500 450 33000 81,350 81,350 a. Expired rent for the year OMR 5,500 b. Inventory at December 31 OMR 1400 c. Depreciation of Furniture OMR 300 and Vehicle OMR 800 for the year d. unearned revenue at December 31 OMR 2,000 e. Accrued salaries at December 31 OMR2,300

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