2)

Tion 18 et ered ed out of Muscat company Purchased office equipment for OMR 25,000, paying OMR 5,000 in cash and OMR 20,000 on Account payable. The Journal Entry should be: ag cion Select one: a. No entry-not a transaction b. DEBIT Cash OMR 25,000 and CREDIT Equipment OMR 20,000 and Account Payable OMR 5,000 c. DEBIT Cash OMR 25,000 and CREDIT Account Payable OMR 25,000 Cd. DEBIT Equipment OMR 25,000 and CREDIT cash OMR 25,000 e. DEBIT Equipment OMR 25,000 and CREDIT Cash OMR 5,000 and Account Payable OMR 20,000 160,000 Income taxes 30,000 Sales revenue Sales returns and allowances 6,000 15,600 Sales salaries expense Depreciation of office equipment Advertising expense 10,200 Administrative Salaries expense 13,300 Cost of goods sold 29,000 14,100 If this information was used to prepare an income statement, Total Selling Expenses should be: Select one: a. 27,400 b. 25,800 c. 10,200 d. 39,100 e. 15,600