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Oman Timber Mills has sawdust from its timber processing. Its monthly sawdust comes around 100 Kgs which is sold at 500 baisa per kg in

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Oman Timber Mills has sawdust from its timber processing. Its monthly sawdust comes around 100 Kgs which is sold at 500 baisa per kg in the local market. What is the accounting treatment of the scrap value received? a. Debited to Profit and Loss A/C b. Credited to material Inventory A/C c. Credited to Profit and Loss account O d. Credited to sales A/C

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