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4 Balance Sheet A. Classify the following balance sheet items and find the value of each elements: Particulars Bill receivables OMR 1,500 Stock Particulars
4 Balance Sheet A. Classify the following balance sheet items and find the value of each elements: Particulars Bill receivables OMR 1,500 Stock Particulars OMR Particulars OMR 3,000 Rent outstanding 2,200 Bank overdraft 2,500 Patent 7,000 Prepaid rent 1,800 Van 7,000 Bank loan 6,000 Cash balance 1,500 Drawing 15,000 Shares issue 26,000 Land 22,000 Building 20,000 Copyright 2,000 Vehicles 13,000 Find the value of the following 1. Intangible asset: 2. Tangible asset: 3. Quick asset: 4. Non-quick asset: 5. Long term liabilities: 6. Current liabilities: 7 Investments: B. Write any five accounting transactions that has an impact only on the balance sheet. 1 2 3 4
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