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intermediate Accounting Question 1 Noor owned Muto What is the effect to equity when the company paid an accounts payable? O a Ether increase or

intermediate Accounting

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Question 1 Noor owned Muto What is the effect to equity when the company paid an accounts payable? O a Ether increase or decrease Ob Increase OC Decrease od Neither increase or decrease question 2 Not yet Mothed out of ABC Company old goods on July 2020 with a catalog price of OMR6,000 and a trade discount on 10% and a sole discount term of 2/10, 0/30. The customer reported damaged goods worth OMR-500 on July 3.2020 and requested for a reduction in de occount. The customer paid on July 11, 2020. How much is credited to Accounts Receivable on July 11 2020? OG OM 4.100 OD OMR 4.802 OC. None of these Od OMR 1000 Question 3 Not and The total sales of HGH Company in 2020 amounted to OMR 60.000 of which 20% to on account. The company estimated 10% of credit sales as allowance for bad debts in 2020 How much should be debited to bod debts expense? Morted out of OG OMR10,000 OD OMR 4,000 OC None of these Od OMR 1,000

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