Please answer all the question

Questo 41 Machinery parts kept to be used in case of breakdown is dassified as Not yet answered Marked out of 1.00 Flag question a. Finished goods O b. Work in progress O Raw materials Od. Fixed Assets Questo 42 Not yet Marked out of 1.00 When there is an overage in the closing cash balance the same is adjusted by a. Decreasing the amount to be replenished at the month end. O b. Preparing a voucher and passing a dummy entry. Oc Recovering the amount from the chief accountant d. Increasing the amount to be replenished at the month end. Flag question Questo 43 Not yet answered Marked out of 1.00 Flag question Muscat Bakery LLC bought a Toyota Hiace Van for its business in July 2018. The cost of the Van is RO 10000 and the useful life is 5 years. The depreciated was provided in the accounts using Declining Balance method. The company sells the van on 30 Nov 2020 for RO 6000. The amount of Profit /loss to the transferred to the Income statement will be a. RO 120 Profit O b. RO 280 Profit OC RO 120 LOSS O d.RO 280 Loss Questo 44 Not yet answered Marked out of 1.00 A good control system of cash receipts and payments will help the entity to. a. Decrease in Bank book balance. O b. Increase in Cash book balance Oc. Prevent loss of cash due to employee fraud O d. Increase in Bank book balance Flag question Question 46 When an account is classified as an Investment? Not yet answered Marked out of 100 Flag question O a. It is one which has to be depreciated every year O b. It is used in the normal business operations and has life more than one year Oc It is bought for long term for resale in future O d. It has life less than one year Question 47 Not yet answered As on 31 May 2005 the deposits awaiting clearance is R018,240 and cheques yet to be presented for payment is RO21.590; while the bank balance as recorded in the Cash book was RO9,480. How much should be the bank balance as on 31 May 2005 as per bank statement? Marked out of 100 Flag question O a. RO 6130 Overdraft O b. RO 12830 overdraft OC RO 6130 d. RO 12830 Questo 48 Not yet answered Marked out of 1.00 As per physical capital maintenance, when is the profit earned by the entity. a. Closing Productive capacity > Opening Productive capacity of the entity O b. Closing Financial capacity is > Opening Productive capacity of the entity 0.c. Closing Net worth is > Opening Net assets of the Entity O d. Opening Net worth is > then closing Net worth of the entity Flag question Question 49 Which of the following is Correct for financial capital of an organization? Not yet answered Marked out of 1.00 O a. Current Assets - Current Liabilities b. Assets - Current Liabilities O c. Assets - Liabilities O d. Fixed Assets - Liabilities Flag