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A business purchased office furniture worth OMR 5000 and made 40% cash as part payment. The balance was on credit. The effect on Account Payable
A business purchased office furniture worth OMR 5000 and made 40% cash as part payment. The balance was on credit. The effect on Account Payable A/C will be: Select one: O a. Account Payable will decrease by OMR 2000 O b. Account Payable will decrease by OMR 3000 O c Account Payable will increase by OMR 3000 O d. Account Payable will increase by OMR 2000
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