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Accounts Accounts Allowance for doubtful accounts 1,600 Building 80,400 investments (Trading securities) Accounts receivable 10,600 22,000 30,000 Share capital-ordinary Accounts payable Accumulated depreciation - Building

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Accounts Accounts Allowance for doubtful accounts 1,600 Building 80,400 investments (Trading securities) Accounts receivable 10,600 22,000 30,000 Share capital-ordinary Accounts payable Accumulated depreciation - Building 60,000 44,000 10,000 Cash If this information was used to prepare a statement of financial position, Total Current Assets should be: Select one a. 75,000 b. 54,600 c 15,600 d. 76,600 e. 45,600 The records of Rami co. show the following data in June 30, 2020 Date Explanation Unit Cost Unit Total Cost 1/6 60 OMR 5 Beginning inventory Purchase 10/6 50 7 15/6 Purchase 50 00 25/6 Purchase 70 During the month inventory on hand at June 30 was 110 units Using the FIFO Method, the cost of Goods Sold equal Select one: a. 930 b. 730 C. 830 d. 1030 e. 1680 i Muscat Co. just starting business made the following four inventory purchases in June: Unit Unit Cost Total Cost June 1 150 units 5.2 June 10 200 units 5.85 200 units 6.4 June 15 June 28 150 units 6.6 A physical count of inventory on June 30 shows that 200 units on hand, Using the Average Method of inventory, the cost of the ending inventory on June 30 is: Select one: a. 1.200 b. 1,000 c. 1,300 d. 1.250 e. 1,500

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