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What would be the adjusting entry required to record the Office Supplies at the end of the year on 31st December 2019 for the following situation.On 1st August 2019, ABC LLC purchased office supplies costing OMR 5,000. At the end of the accounting period on 31st December 2019, the remaining office supplies is OMR 600 only. O a. Dr. Office Supplies Expenses OMR 4,400 Cr. Office Supplies OMR 4,400 O b. Dr. Office Supplies Expenses OMR 5,600 Cr. Office Supplies OMR 5,600 O c. None of these O d. Dr. Office Supplies OMR 4,400 Cr. Office Supplies Expenses OMR 4,4,00 The report prepared to check the equality of debits and credits in the ledger accounts is called O a Balance Sheet b. Income statement O c. None of these O d. Trial Balance Following are the ledger account balances of XYZ Company. Which one of the following is the correct total of its Unadjusted Trial Balance? Cash account(Dr. Bal) 16,400 Accounts payable(Cr. Bal) 9,500 Accounts receivable(Dr. 6,400 Bal) Furniture (Dr. Bal) 4,200 Rent expenses(Dr. Bal)2,500 Capital(Cr. Bal) 20,000 O a OMR 29,500 b. None of these c. OMR 32,300 d. OMR 26,700 What would be the Total Current Assets from the following information?Total Non-Current Assets is OMR 3,690, Current Assets include - Stok OMR 3,000, Cash OMR 1,800, and Accounts Receivable OMR 7,500, Current Liability include Accounts Payable OMR 1,350 a. None of these O b. OMR 12,300 O c. OMR 13,650 O d. OMR 9.960 Increase in Revenue of the business due to 'Service provided to customer on credit has to be credited in a. Account Payable O b. None of these O C. Account Receivable d. Revenue Following are the ledger account balances of XYZ Company. Which one of the following is the correct total of its Unadjusted Trial Balance? Cash account(Dr. Bal)16,400 Accounts payable(Cr. Bal) 9,500 Accounts receivable(Dr. 6,400 Bal) Furniture(Dr. Bal) 4,200 Rent expenses(Dr. Bal)2,500 Capital(Cr. Bal)20,000 O a OMR 29,500 O b. None of these O c. OMR 32,300 O d. OMR 26,700 What would be the Total Current Assets from the following information?Total Non-Current Assets is OMR 3,690, Current Assets include - Stok OMR 3,000, Cash OMR 1,800, and Accounts Receivable OMR 7,500, Current Liability include Accounts Payable OMR 1,350 O a. None of these O b. OMR 12,300 O c. OMR 13,650 md. OMR 9.960 Increase in Revenue of the business due to 'Service provided to customer on credit has to be credited in O a Account Payable O b. None of these c. Account Receivable d. Revenue The book, which provides complete information about various transactions of various partiesis known as O a. None of these O b. Journal O c. Ledger O d. Cash Book
