1,2,3

Question 1 Not yet answered Marked out of 1.00 P Flag question Mr. Ashraf bought goods on credit for OMR 900. He paid back OMR 850. He however died before he paid the remaining amount of OMR 50. What do we call this amount as? O A. Payables OB. Receivables O c. Outstanding balances O D. Bad debts Question 2 Not yet answered Marked out of 1.00 p Flag question What is the correct journal entry for recording goods purchased for cash? O A 'Dr Debtors & 'Cr Cash O B. Dr Purchases & 'or Cash O C. 'Dr Receivables & Cr Debtors O D. 'Dr Cash & Cr Purchases Question 3 Not yet answered Marved out of 5.00 A machine is purchased on 1.1.2014 and sold on 1.10.2014. Find the amount of depreciation charged if the cost of the machine was OMR 50.000 and rate of depreciation on it was 10% using Straight line method.? O A. OMR 4,167 O BOMR 10.000 O COMR 5.000 O D.OMR 3.750