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FAST PLZ 1- A RO40,000, interest-bearing note payable is signed on December 26, 2020. If the note is a 120-day note, what is the maturity
FAST PLZ
1-
A RO40,000, interest-bearing note payable is signed on December 26, 2020. If the note is a 120-day note, what is the maturity date for this short-term liability?
a.
March 25
b.
April 26
c.
March 26
d.
April 25
2-
GILT LLC had opening stock of 300 kgs value RO 2400. They purchased 200kgs @ RO 9 and later on they purchased 500kgs RO 11. 400kgs were sold. The Value of Cost of Goods sold as per First In First Out method will be:
a.
RO 5300
b.
RO 3300
c.
RO 6500
d.
RO 7250
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