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1.In the above case the disbursement is recorded on? 2. Suppose the order made on 1st January is cancelled later on 10th January, which among
1.In the above case the disbursement is recorded on? 2. Suppose the order made on 1st January is cancelled later on 10th January, which among the following will be the correct accounting treatment? 3.Which among the following journal entries are passed at the time of ordering goods? 4. Which among the following journal entries are recorded to cancel encumbrance made earlier? 5.Which among the following journal entries relate to recording of expenditure for water pump on 30th January, 2019? 6. Which among the following journal entries relate to recording of expenditure for water pump on 30th January, 2019? 7. Which among the following journal entry is passed for recording settlement of payment to vendor on 7th February, 2019? CASE STUDY 3: Wiam water supply services orders a water pump and expects the delivery in 30 days. The order was placed in 1st January, 2019 with an estimated cost of RO 8000. The water pump was delivered on time by the supplier on 30th January, 2019 with a voucher of RO 8,100. The voucher was approved on 6th February 2019 and the payment was settled on 7th February, 2019. Based on the above case, answer the following six questions (Questions 45-50) CASE STUDY 3: Wiam water supply services orders a water pump and expects the delivery in 30 days. The order was placed in 1st January, 2019 with an estimated cost of RO 8000. The water pump was delivered on time by the supplier on 30th January, 2019 with a voucher of RO 8,100. The voucher was approved on 6th February 2019 and the payment was settled on 7th February, 2019. Based on the above case, answer the following six questions (Questions 45-50)
1.In the above case the disbursement is recorded on?
2. Suppose the order made on 1st January is cancelled later on 10th January, which among the following will be the correct accounting treatment?
3.Which among the following journal entries are passed at the time of ordering goods?
4. Which among the following journal entries are recorded to cancel encumbrance made earlier?
5.Which among the following journal entries relate to recording of expenditure for water pump on 30th January, 2019?
6. Which among the following journal entries relate to recording of expenditure for water pump on 30th January, 2019?
7. Which among the following journal entry is passed for recording settlement of payment to vendor on 7th February, 2019?
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