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As of 31 December 2020, the total loan amount of a bank is 500000 OMR and this bank recognizes provisions for the first time. The

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As of 31 December 2020, the total loan amount of a bank is 500000 OMR and this bank recognizes provisions for the first time. The rate for the provisions is 1.9 %. Which of the following is the correct journal entry? Select one: O a. Cash 9500 Reserves 9500 b. Provisions 5900 Income 5900 9500 Oc. Loan Provision Expense General Provisions 9500 O d. Deposits 9500 9500 Cash At Central Bank

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