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Que: 4 Faridoon LLC compiled the following information regarding its financial position, based on CCA method, as on 31-12-2017 average net borrowings for 2018 OMR

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Que: 4 Faridoon LLC compiled the following information regarding its financial position, based on CCA method, as on 31-12-2017 average net borrowings for 2018 OMR 300,000. Average Net operation assets for 2018 OMR 750,000. Average shareholders' funds for 2018 OMR 450,000. The CCA adjustments computed for the year were as follows: (2 Marks) COSA OMR 30,000 MWCA OMR 60,000 Depreciation Adjustment OMR 80,000 OMR 170,000 You are required to ascertain the gearing adjustment

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