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intermediate Accounting Question 38 Not yet and xV2 sold goods on credit to Khalid and the company recolved a 90 day, 9%, OMR 5,000 noto

intermediate Accounting

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Question 38 Not yet and xV2 sold goods on credit to Khalid and the company recolved a 90 day, 9%, OMR 5,000 noto dated October 5, 2020 When is the maturity date of the note and how much is debited to cosh on maturity date? ked out of 1 Flog amon a January 6, 2021, cash is debited at OMR 5,226.40 Ob. January 3, 2021 cash is debited at OMR5.10.96 oc. December 3, 2020.cath is debited at OMR6,000 Od. None of these Question 39 Not yet Moned out of 1 Which of the following is trus about Cath Equivalenta? a cash equivalents are considered as near-cath but are not treated as cast because they can include a penalty to convert back to cash betore they mature b. All of these OG An example of a short-term cash equivalent asset would be one that matures in three months or more from the acquisition date. Od Cash equivalents are short-term, highly liquid assets that can readily be converted into known amounts of cash and with high risk of price fluctuations. Question Question 40 Naty and On July 1, 2020, TFV Company received a chock from customer Ahmed amounting to OMR 6.000 as payment of its account, however the bank returned the check bocouso Ahmed has only OMR 500 in his account. What is this check called? Marked out 1 O a None of these b. No sufficient Fund Check OG Post Dated Check od Certified Check

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