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Accounts Dr Cr Cash OMR 50,000 Accounts receivable 20,000 10,000 12,000 160,000 10,000 30,000 30,000 12,000 Supplies Prepaid expenses Buildings -at cost Accumulated depreciation -

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Accounts Dr Cr Cash OMR 50,000 Accounts receivable 20,000 10,000 12,000 160,000 10,000 30,000 30,000 12,000 Supplies Prepaid expenses Buildings -at cost Accumulated depreciation - Buildings Notes payable (due in 2 months) Accounts payable Interest payable Unearned service revenue Shared - Capital Service revenues Salaries Expenses Depreciation Expenses ties Expenses Dividends / drawings 10,000 120,000 100,000 40,000 10,000 30,000 10,000 342.000 342,000 Total Unearned service revenue 10,000 Shared- Capital 120,000 Service revenues 100,000 Salaries Expenses 40,000 10,000 Depreciation Expenses Utilities Expenses Dividends / drawings 30,000 10,000 Total 342,000 342,000 If this information was used to prepare a statement of financial position, Total Assets should be: Select one: a. None of the answers are correct b. 272,000 C. 242,000 d. 252,000 e, 262,000

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