intermediate Accounting

Question 44 Not yet and XYZ Company reported Accounts Receivable balance of OMR 10,000 and Allowance for Doubtful Accounts balance of OMR 800 on December 31, 2020 before adjustment XYZ estimated that Box of its Accounts receivable will be collectible. How much is the net realitzable value of Accounts Receivable as of December 31, 2020 Morked out of ro OG OMR 2.000 OMR 8.000 OC. None of these Od OMR 9,000 On 45 Not yet ed Morved out of ABC Company purchased a machine on October 1, 2020. Should ABC record a one-year depreciation in 2020? a No. It should only record depreciation for two months ob None of those OC. Yes, it should record full year depreciation in 2020 Od No, it should only record depreciation for three months GUSON Question 46 Not yol Morked out What is the correct classification of cash allocated for a plant expansion project in the Balance Sheet? Da Current asset under short term investment Ob Non current asset under Property Plon and Equipment OC. Current asset under Cash and Cash equivalents Od None of these log Queste 47 Not yor Marted out of RES Company has a beginning balance of cath on January 1, 2020 of OMR 30,000 Total cash uches for January amounted to OMR 8,000 which is 30% of the total sales. Toto credit purchases amounts to OMR 5.000 which is 40% of the tool purchases How much is the onding balance of cash as of January 31, 2020 a None of these 30.000 OMR OC 20.700 OMR od 46,000 OMR Flog GO