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4 Part A Presented below is some financial information related to Oman Oil corporation. Amount (OMR) 900000 200000 220000 Revenues Income from continues operation Comprehensive
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Part A Presented below is some financial information related to Oman Oil corporation. Amount (OMR) 900000 200000 220000 Revenues Income from continues operation Comprehensive income Net Income Income from operation Selling and administration Expenses Income before income tax 190000 320000 500000 300000 Find out (A) Other income and expenses (B) Finance Cost (C)Income Tax (D)Discontinued operation (E) Other Comprehensive Income (5x0.5 marks 2.5 Marks) Part B Describe the basic assumptions of accounting in your own words Step by Step Solution
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