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CAT LLC had an opening balance of RO 200 in petty cash. During the month the receipts were RO 65 petrol, 25 office stationery, RO65

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CAT LLC had an opening balance of RO 200 in petty cash. During the month the receipts were RO 65 petrol, 25 office stationery, RO65 staff welfare and 30 travelling and there was RO 12 left in the petty cash box. The fund amount was raised to RO 300 from the end of the month. The amount required to refill the fund will be O a. RO 288 O b. RO 185 O c RO 285 O d. RO 188 Al Dahabi flour Mills bought a wheat grinding machine at RO 47,800, salvage value at the end of its useful life of is RO 8,000. Production during the year is 6500kgs, 2nd year is 7500 kgs and the 3rd year is 8800 kgs. Total estimated production using the machine is 79,000 kgs. The closing balance of machine after 2nd year will be O a. RO 40,746 O b. RO 44,252 O C. RO 36,313 O d.RO 39,800 As on 30th June the Cash Book reports a bank balance of RO11,450, without recording bank charges of RO35. Deposits awaiting clearance and cheques yet to be presented amount to RO49240 and RO29780 respectively. What would be the bank balance.? O a. 30945 O b. 8010 O c. 8045 overdraft O d. 30875 Luck LLC had opening stock of 1000 units value RO 5000. They purchased 2000 units @ RO 6 and later on they purchased 2500untis @ RO 7. 3000untis were sold. The Value of closing stock as per weighted average price method will be O a. RO 18810 O b. RO 15675 O c RO 15500 O d. RO 18600

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