Nizwa Business Solution SALES LEDGER
MR. IBRAHIM ACCOUNT
Date	Details	Debit (OMR)	Credit (OMR)	Balance (OMR)
June 1	Opening			28,800
June 10	Credit Sales	12,200
June 15	Sales return		2,400
June 29	Bank		6,000

BASED ON THE ABOVE QUESTIONS PLEASE
ANSWER THE FOLLOWING Q.NO 24 TO Q.NO 26

Question 24

Answer saved

Marked out of 1.00

Flag question

Question text

A credit entry of RO 6,000 on June 29 on Mr. Ibrahim account indicates which of the following?

a.

Paid cash to Mr. Ibrahim

b.

There is a shortage of Cash in the Bank

c.

Received cash from Mr. Ibrahim

d.

Mr. Ibrahim sold goods on credit

Clear my choice

Question 25

Not yet answered

Marked out of 1.00

Flag question

Question text

A debit entry of RO 12,200 on June 10 on Mr. Ibrahim account indicates which of the following?

a.

Purchase goods from Mr. Ibrahim

b.

Goods returned by Mr. Ibrahim

c.

Received cash from Mr. Ibrahim

d.

Sold goods to Mr. Ibrahim on credit

Clear my choice

Question 26

Not yet answered

Marked out of 1.00

Flag question

Question text

What was the closing balance on Mr. Ibrahim account on June 30 assuming that there were no further transaction?

a.

OMR 8200

b.

OMR 25,000

c.

OMR 32,600

d.

OMR 38,600