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12. The process a) Journalizing b) Trial ba d) Final accounts 13. Which of the following decreases total owner's equity? b) An increase in account payable c) A decrease in electricity expense account d) An increase in drawing 14. The journal entry of purchasing supplies on account is: a) Office supplies b) Cash Office supplies Account payable 15. A company has total equity of OMR 300, a) OMR 600,400 b) OMR 450,300 c) OMR 150,100 d) OMR 450,000Step by Step Solution
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