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solve these questions as soon as possible 1- The Real Accounts are: a. These account types are related to assets or properties. b. These include
solve these questions as soon as possible
1- The Real Accounts are: a. These account types are related to assets or properties. b. These include assets that have a physical existence and can be touched. c. These assets do not have any physical existence and cannot be touched. d. Allof the above. 2- If a business owner sold of OMR 1,000 worth of stock on account, the bookkeeper records two transactions in a journal entry are: a. The A/P account increase by OMR 1,000, and the stock account, increases by OMR 1,000. b. The A/P account decreases by OMR 1,000, and the stock account, increases by OMR 1,000. c. The A/P account increase by OMR 1,000, and the stock account, decrease by OMR 1,000. d. The A/P account decreases by OMR 1,000, and the stock account, decreases by OMR 1,000. As of December 31, 2021, Moh Company has assets of OMR 5,500 and liabilities of OMR 3,000. How much Anwar company's equity as December, 31, 2021: a. OMR 1,500. b. OMR 1,000. c. OMR 2,500. d. OMR 2,000. ales is example of: a. Current Asset. b. Current Liabilities. c. Owner's Equity. d. None of the above. it in journal entries, it is mean: a. Increases both asset and liabilities. Decreases both asset and liabilities. Increase asset and decrease liabilities. Decrease asset and increase liabilities. 1- The Real Accounts are: a. These account types are related to assets or properties. b. These include assets that have a physical existence and can be touched. c. These assets do not have any physical existence and cannot be touched. d. Allof the above. 2- If a business owner sold of OMR 1,000 worth of stock on account, the bookkeeper records two transactions in a journal entry are: a. The A/P account increase by OMR 1,000, and the stock account, increases by OMR 1,000. b. The A/P account decreases by OMR 1,000, and the stock account, increases by OMR 1,000. c. The A/P account increase by OMR 1,000, and the stock account, decrease by OMR 1,000. d. The A/P account decreases by OMR 1,000, and the stock account, decreases by OMR 1,000. As of December 31, 2021, Moh Company has assets of OMR 5,500 and liabilities of OMR 3,000. How much Anwar company's equity as December, 31, 2021: a. OMR 1,500. b. OMR 1,000. c. OMR 2,500. d. OMR 2,000. ales is example of: a. Current Asset. b. Current Liabilities. c. Owner's Equity. d. None of the above. it in journal entries, it is mean: a. Increases both asset and liabilities. Decreases both asset and liabilities. Increase asset and decrease liabilities. Decrease asset and increase liabilities Step by Step Solution
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