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The company bought goods worth RO. 15000. For cash RO. 8000 and the balance on credit. Which of the following is the correct presentation on
The company bought goods worth RO. 15000. For cash RO. 8000 and the balance on credit. Which of the following is the correct presentation on the accounting equation? Select one: a. Assets +15000 (stock of goods) -8000 (cash) O b. Assets +15000 (stock of goods) -8000 (cash) = = Liabilities + Owners' Equity = 7000 + 0 (payables) = Liabilities + Owners' Equity == 0 7000 (payables) O c. Assets Liabilities + Owners' Equity +15000 (Stock of = +7000 +8000 O a. Assets = Liabilities + Owners' Equity = 7000 + 0 O b. +15000 (stock of goods) -8000 (cash) Assets +15000 (stock of goods) -8000 (cash) (payables) Liabilities + Owners' Equity = 0 + 7000 (payables) c. Assets = Liabilities + Owners' Equity +15000 (Stock of =1 +7000 + +8000 goods) (Payables) (Cash) O d. Assets = Liabilities + Owners' Equity = +15000 + -7000 -8000 (cash) (stock of (payables) goods)
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