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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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