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Fathima LLC with a Capital Mix of 50% Debt provides you the following information. Depreciation Adjustment OMR 20,000 Cost of Sales Adjustment OMR 10,000 Monetary

Fathima LLC with a Capital Mix of 50% Debt provides you the following information.

Depreciation Adjustment OMR 20,000

Cost of Sales Adjustment OMR 10,000

Monetary W/C Adjustment OMR 10,000

1-What is the amount of Gearing Adjustment?

a-OMR 72,000

b-OMR 24,000

c-OMR 20,000

d-OMR 28,000

2-What is the total Current Cost Adjustment?

a-OMR 80,000

b-OMR 40,000

c-OMR 20,000

d-OMR 160,000

3-What is the amount to be credited to Current Cost Reserve account?

a-OMR 20,000

b-OMR 14,000

c-OMR 52,000

d-OMR 88,000

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