Question 32 Not yet answered Marked out of 1.00 Samy purchased a living room set for OMR1,000. The fire destroyed 50% of the set. How much will Samy receive from insurance company Flag question OMR 1,000 OMR 500 Question 33 The Journal entry to record the clo OMR 750 Not yet answered scounted is given by Marked out of 1.00 None of these pflan Question 33 Not yet answered The Journal entry to record the closing rebate on bills discounted is given by Marked out of 1.00 question Cr Rebate on bills discounted Dr Interest and discount Dr Rebate on bills discounted Cr Interest and discount None of these Dr Rebate on bills discounted Cr Bills discounted ion 34 The balance found in the revenue account of general insurance companies is treated as: et ered ed out of 9 on Gross profit/loss Net profit/loss on 35 Provision for unexpired risk ally taken for : 1 ered d out of Operating profit/loss gestion 35 ot yet aswered General insurance policies are usually taken for arked out of 00 Flag estion Three years Two years stion 36 One year Tot yet nswered Overdraft facility is provided only to the custome None of these arked out of