Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

JUST NEED OPTION no need explain NO need for explanation i will rate you Particulars OMR Particulars OMR Term loan 10,000 Bank overdraft 15,000 Fixed

JUST NEED OPTION

no need explain

NO need for explanation

i will rate you

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Particulars OMR Particulars OMR Term loan 10,000 Bank overdraft 15,000 Fixed deposit 90,000 Current deposit 25,000 Borrowings from central bank of 25,000 Deposits from other banks 15,000 Oman Cash credit and bills discount 12,000 Savings deposit 9,000 Borrowings from other banks 5,000 Borrowings inside and 60,000 outside Oman Deposits Calculate the amount to be entered in the Balance sheet for deposits, borrowings and advances Particulars OMR Term loan 10,000 Fixed deposit 90,000 Borrowings from central bank of 25,000 Oman Cash credit and bills discount 12,000 Borrowings from other banks 5,000 Deposits Borrowings Advances Done OMR 49,000 OMR 125,000 OMR 140,000 OMR 139,000 Borrowings . Advances Done OMR 22,000 OMR 25,000 OMR 37,000 OMR 27,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting An Introduction to Concepts Methods and Uses

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

10th Edition

1111822239, 324639767, 9781111822231, 978-0324639766

More Books

Students also viewed these Accounting questions

Question

How important is the valuation assertion for cash equivalents? Why?

Answered: 1 week ago

Question

1. Identify three approaches to culture.

Answered: 1 week ago

Question

3. Identify and describe nine cultural value orientations.

Answered: 1 week ago

Question

4. Describe how cultural values influence communication.

Answered: 1 week ago