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Question 32 Not yet answered Morted out of Mr. Nasser runs a merchandising business mode a Net Income of RO 23,000 during the year 2018.

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Question 32 Not yet answered Morted out of Mr. Nasser runs a merchandising business mode a Net Income of RO 23,000 during the year 2018. He paid a dividend Of RO 3000. Which account is debited for the payment of dividend whie passing the closing journal entry? a Dividend paid account ob Income surmory account c. Not Income account od Retained earnings account og Question Question 33 On word Morked out of Mr Mohammed, Mr. Hashim and Mr. Ahmed are friends Mr Mohammed operates Ready-made garments shop and Mr Ahmed has a hospital where he proctices as a Doctor and Mr Hashim opons a manufacturing enterprises. What type of Business Mr Mohammed does? O a Servicing b Merchandising business c. Brokerage Od Industry og Question Question 34 Not yet Ontwood Morked out of Sole of merchandise on credit was not entered in any of the special journals at all. Circle the type of error in the above transaction Error of Commission b. Error of Principle e. Error of Omission dError of Original entry og question Error of Commission means Question 35 Not yet word Morked out of a An incorrect figure is entered in the records and then posted to the correct account b. An item is posted to the correct side of the wrong type of account c. A transaction is not recorded at all d. It is entered to the correct side of wrong account

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