25 Not yet answered Marked out of 1.00 Flag question Question 26 Not yet answered Marked out of 1.00 Flag question Question 27 Unearned revenue is an example of: Non-current liabilities Known liabilities Uncertain liabilities Contingent liabilities (1 Mark) If capital market funds are OMR 100, marketable securities for 6 months are OMR 35, notes receivables for 18 months are OMR 50, guaranteed investment certificates are OMR 75 and treasury bills are OMR 30 then what will be the amount for cash equivalents? (1 Mark) Question 27 Not yet answered What will be the correct treatment for amortization expense? Marked out of 1.00 Flag question Recorded in the balance sheet as an asset Deducted from the goodwill in the balance sheet Recorded in the income statement as an expense None of these OMR 140 OMR 160 OMR 190 OMR 290 (1 Mark) Question 28 Not yet answered Marked out of 1.00 Flag question Question 29 Mr. Ali purchased goods for OMR 5,000 from Adil for cash, identify the correct treatment for this transaction: Debit Cash OMR 5,000, Credit purchases OMR 5,000 Debit Purchases return OMR 5,000, Credit Cash OMR 5,000 Debit Purchases OMR 5,000, Credit Rashid OMR 5,000 Debit Purchase OMR 5,000, Credit Cash OMR 5,000 (1 Mark)