intermediate Accounting

Det 41 Tot yet answered Marked out of Depreciation is the reduction in the value of the food assets due to the following O a Usage b. All of these OC Etflux of time d. Wear and tear Fog Question Det 42 Not yet wered xvZ Company reported in 2020 net purchases of OMR 25,000 and freight in of OMR 4000 and traight out of OMR 800. Beginning inventory is OMR 10.000 and the ending inventory is OMR 15,000, Gross Profit rate in 20%. How much is the total sales? G. 40,000 Marked out of Prog question Ob 20,000 OC. None of these Od 30,000 Do 43 Not yet anted Marked out of in 2020, XYZ Company reported gross profit of OMR 30.000 and cost of sales rote of 60%. One tifth of the total sales is cosh sales and the balance on credit XYZ estimated that 10% of credit scles will not be collectible. Accounts receivable balance at year end amounted to OMR8,000 How much is the allowance for doutblul accounts to be reported on December 31, 20207 Flog question G CMR 3.000 b. None of these COMR 2.000 Od OMR 6,000