The trading results of a Merchandise trader is as follows: Net Sales OMR 150,000, Cost of Goods sold OMR 90,000, Interest expenses OMR 16,000, Salesman salary OMR 24,000, Rent expense for the office OMR 2,200, Marketing expense OMR 9,500, Insurance expenses OMR 300, What will be the Income from operation assuming that the business follows Multi-Step Income Statement? a OMR 40,000 O b. OMR 8,000 Oc OMR 24,000 Od OMR 36,000 Assuming that Muscat Trading LLC is a furniture trader in Nizwa. The business wants to raise a Credit note. Which of the following statement is correct in regards to a Credit note? O a. It will be raised by Muscat trading LLC at the time of receiving the goods returned by customers due to damage of goods O b. It will be raised by Muscat Trading LLC at the time of selling the goods to Customers under the credit terms of 2/10 n/60 O c. It will be raised by Muscat Trading LLC to the Suppliers at the time returning the goods due to partial damage of goods O d. It will be raised by Muscat Trading LLC at the time of Purchase of Merchandise from Suppliers under the credit terms of 2/10 n/30