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. 177.936 -Post Box no.54, P.C. no. 112, Commercial registration no. : 1/224698, Muscat. Telephone no.: 24494329 Fax no. 24494338. Mohammed Ali is the Deputy

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. 177.936 -Post Box no.54, P.C. no. 112, Commercial registration no. : 1/224698, Muscat. Telephone no.: 24494329 Fax no. 24494338. Mohammed Ali is the Deputy Executive Manager. He is the Principal Officer. He lives in Muscat and his ID no. is 11753978 and mobile number is 99654325. The trial balance of accounts for the year ended on 31st December, 2016 is provided below: Account Name Debit Credit Cash Accounts Receivable 99.116 Inventory 1.000 Property, plant and equipment (net) 40,000 Kapital 50.000 Kain from disposing a car 2.000 Loss from disposing securities listed in MSM S000 Sales 450,000 Rental Revenue 15.000 Kost of services provided 13.500 Wages and Salaries (Employees) 25.200 Administrative expense 18.450 Salaries Expenses (Partner) 60.000 Depreciation Expenses 22.400 Sponsorship Expense 21.000 Donations 15.000 Rent Expenses 36,000 Kontributions to Public Authority for Social Insurand 2.898 Audit fees 5.000 Vehicle Cost 17.500 Bad debts epse 31.000 Tax consultancy 3.000 Total $57.000 557,000 Additional Information: 1) Rent expense was paid to the landlord and both signed the rent contract and agreed to the contract terms. 2) OMR 15,000 was paid to a charitable team which is approved by the financial affairs and energy resources council. 3) Mohammed Ali and Ahmed Al Farsi are general partners. Mohammed Ali is an independent Executive Manager while Ahmed is working on full time-basis. His salary in the contract is OMR 6,000. 4) Bad debts of OMR 31,000 were uncollectible. However, one debtor has been bankrupted and he was due for OMR 6,500 They received a bankruptcy certificate form the court pertinent to this debtor. 5) Company paid rent OMR 30000 for two villas: one villa costing OMR 20,000 for running their services and another one costing OMR 10,000 used as an accommodation their employees. 6) The beginning balance of carrying value of plant and machines was OMR 54,000. Straight-line Method was used with depreciation rate of 25%. 7) Company paid sponsorship fees of OMR 21.000 including OMR 1000 for commission. . 177.936 -Post Box no.54, P.C. no. 112, Commercial registration no. : 1/224698, Muscat. Telephone no.: 24494329 Fax no. 24494338. Mohammed Ali is the Deputy Executive Manager. He is the Principal Officer. He lives in Muscat and his ID no. is 11753978 and mobile number is 99654325. The trial balance of accounts for the year ended on 31st December, 2016 is provided below: Account Name Debit Credit Cash Accounts Receivable 99.116 Inventory 1.000 Property, plant and equipment (net) 40,000 Kapital 50.000 Kain from disposing a car 2.000 Loss from disposing securities listed in MSM S000 Sales 450,000 Rental Revenue 15.000 Kost of services provided 13.500 Wages and Salaries (Employees) 25.200 Administrative expense 18.450 Salaries Expenses (Partner) 60.000 Depreciation Expenses 22.400 Sponsorship Expense 21.000 Donations 15.000 Rent Expenses 36,000 Kontributions to Public Authority for Social Insurand 2.898 Audit fees 5.000 Vehicle Cost 17.500 Bad debts epse 31.000 Tax consultancy 3.000 Total $57.000 557,000 Additional Information: 1) Rent expense was paid to the landlord and both signed the rent contract and agreed to the contract terms. 2) OMR 15,000 was paid to a charitable team which is approved by the financial affairs and energy resources council. 3) Mohammed Ali and Ahmed Al Farsi are general partners. Mohammed Ali is an independent Executive Manager while Ahmed is working on full time-basis. His salary in the contract is OMR 6,000. 4) Bad debts of OMR 31,000 were uncollectible. However, one debtor has been bankrupted and he was due for OMR 6,500 They received a bankruptcy certificate form the court pertinent to this debtor. 5) Company paid rent OMR 30000 for two villas: one villa costing OMR 20,000 for running their services and another one costing OMR 10,000 used as an accommodation their employees. 6) The beginning balance of carrying value of plant and machines was OMR 54,000. Straight-line Method was used with depreciation rate of 25%. 7) Company paid sponsorship fees of OMR 21.000 including OMR 1000 for commission

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