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Business received an advance of OMR 2,400, on 1st September 2019 from a customer for service to be delivered in one year. The amount of Unearned Revenue of the business on 31st December 2019 is O a OMR 800 O b. OMR 1,600 O c. OMR 200 O d. None of these Calculate the Balance b/d of Account Receivable Account from the following information Debit side total of Account Receivable Account shows OMR 18,500 and Credit side total of the account shows OMR 9,600. a. Balance b/d (Debit) OMR 8,900 b. Balance b/d (Credit) OMR 8,900 c. Balance b/d (Debit) OMR 28,100 d. None of these I o What amount of revenue will be recorded in the accounting books by using accrual basis of accounting for the following transactions? 1. Services provided to customers for cash OMR 360 and 2. Performed repairing service to customer on credit for OMR 25 O a. None of these b. OMR 360 C. OMR 385 O d. OMR 25 Adjusting journal entry to record the Unearned Revenue is O a. Debit Account Receivable and Credit Service Revenue O b. Debit Unearned Revenue and Credit Service Revenue O c. Debit Unearned Revenue and Credit Account Receivable O d. Debit Service Revenue and Credit Unearned Revenue Which one of the following statement is correct? a. Prepaid expense is an expense account Ob. Building is a Current Asset c. Goods purchased for business use are called "Supplies" d. Unearned Revenue is an asset