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Sadaf Oman Company reported an abnormal retained earnings balance of RO 100,000 on December 31, 2020. During 2020, the Company had revenues of RO 130,000

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Sadaf Oman Company reported an abnormal retained earnings balance of RO 100,000 on December 31, 2020. During 2020, the Company had revenues of RO 130,000 and expenses of RO 200,000. The balance of retained earnings for the year started on January 1.2020 was: a RO 30.000 debit. b. RO 10,000 credit. . None of the options are correct d.RO 50.000 debit. ORO 190,000 credit

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