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On January 15th, 2021, Muscat Company Purchased land costing OMR 28,000 for cash. The Journal Entry should be: Select one: Select one: O a. DEBIT
On January 15th, 2021, Muscat Company Purchased land costing OMR 28,000 for cash. The Journal Entry should be: Select one: Select one: O a. DEBIT Land OMR 28,000 and CREDIT Accounts Receivable OMR 28,000 O b. DEBIT land OMR 28,000 and CREDIT Cash OMR 28,000 O C. DEBIT Depreciation Expense OMR 28,000 and CREDIT Accumulated Depreciation OMR 28,000 O d. No entrynot a transaction O e DEBIT Cash OMR 28,000 and CREDIT Land OMR 28,000
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