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Assuming that Muscat Trading LLC is trading Electronics business in Nizwa. The business wants to raise a Debit note. Which of the following statement is

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Assuming that Muscat Trading LLC is trading Electronics business in Nizwa. The business wants to raise a Debit note. Which of the following statement is correct in regards to a debit note? Question 32 Not yet answered Marked out of 1.00 P Flag question O a. It will be raised by Muscat Trading LLC at the time of Purchase of Merchandise from Suppliers under the credit terms of 2/10 n/60 O b. It will be raised by Muscat Trading LLC to the Suppliers at the time returning the goods due to damage of goods OC. It will be raised by Muscat Trading LLC at the time of selling the goods to customers under the credit terms of 3/20, 1/30. od. It will be raised by Muscat Trading LLC after making payment to various suppliers Business incurred travelling cost of OMR 50. Which of the following specialized journals will record this transaction? Question 33 Not yet answered Marked out of 1.00 Flag question a. Purchase journal O b. Cash receipt journal OC. Sales journal d. Cash payment journal Question 34 Answer saved Marked out of 1.00 Flag question Mr. Mohammed use perpetual inventory system makes the following journal entry in his business Debit Merchandise Inventory Credit Accounts payable. Which of the following transaction is correct for the journal entry? a. Sold Merchandise inventory to Customer ob. Returned Merchandise inventory to Supplier OC. Purchased Merchandise inventory from Supplier O d. Paid Cash to Suppliers Clear my choice

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