Business incurred travelling cost of OMR 50. Which of the following specialized journals will record this transaction? Question 25 Not yet answered Marked out of 1.00 Flag question O a. Cash receipt journal O b. Sales journal OC Cash payment journal O d. Purchase journal Question 26 Which of the following is an example of Liability of a Merchandise Business? Not yet answered Marked out of 1.00 O a. Salary and Wages paid by the business O b. Accounts payable OC. Accounts receivable O d. Cash at Bank Muscat P Flag question Question 27 Not yet ABC LLC accounting records shows the following for the year ending on 31 December 2019: Opening inventory RO 15,000, Purchases RO 100,000, Ending Inventory RO 25,000, Purchase Returns 16,000. The value of cost of goods sold is answered Marked out of 1.00 p Flag question O a. RO 74,000 O b. RO 99,000 OC RO 84,000 O d.RO 124,000 Question 28 Not yet answered Marked out of 1.00 P Flag question Mr. Mohammed makes the following journal entry in his business: Debit Merchandise Inventory Credit Accounts payable Which of the following transaction is correct for the above journal entry? O a. Purchased Merchandise inventory under the credit terms of 2/10,n/30 O b. Sold Merchandise inventory under the credit terms of 3/10,n/60 OC Paid Cash to Suppliers O d. Returned Merchandise inventory to Supplier