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intermediate Accounting 48 Noor ord Workout XYZ sold goods on credit to Khalid and the company received a 60 day. 9%, OMR 8.000 note dated

intermediate Accounting

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48 Noor ord Workout XYZ sold goods on credit to Khalid and the company received a 60 day. 9%, OMR 8.000 note dated December 3, 2020 When is the maturity date of the nato? O a None of these January 31, 2021 OC. February 1L 2021 od February 2 2021 Fog 49 Nyt cred Morted out of GNB Company purchased a land and a building for a lump sum price of OMR 180,000 on January 1, 2020. On the date of purchase, the market value of the building is OMR 150.000 and the land is OMR 90.000. The book value of the building is OMR 170,000 and the fond is OMR 80.000. How much should be the cost of the land and the building to be recorded in the books of GNB? a tand at OMR 67,500; Building at OMR 12.000 ob Land at OMR 57,600 Building of OMR 122,400 c. None of these od Londot OMR 90,000, Dolding at OMR 150.000 On 50 Not yet od How as a sales discount presented in the financial statements a None of those Added to purchases in the income Statement Dochucted from sales in the Bolance Sheet Od Added to sales in the Income Statement

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