The value of the inventory on 1st January 2020 is RO 30,000 and the value of the inventory at the end is RO 40,000. The average index is 120, Opening index is 100 and the closing index is 130. The cost of sales adjustment is

a.

RO 10,230.83

b.

RO 10,840.21

c.

RO 9076.92

d.

None of the options are correct

Muscat LLC purchased a machine on 1st January 2010 for RO 50,000. The rate of depreciation is 10% under the straight line method. The replacement cost of the machine on 31st December 2019 is RO 75,000 and 31st December 2020 is RO 110,000. The depreciation adjustment and additional depreciation is

a.

None of the options are right

b.

RO 1750 and RO 5320

c.

RO 4250 and RO 1750

d.

RO 5000 and RO 4250

A company has the opening debtors RO 18000, closing Debtors RO 20,000. The opening creditors amounted to RO 15000 and the closing creditors amounted to RO 15,000. The opening index is 100, closing index is 120. The monetary working capital adjustment is

a.

None of the options are right

b.

RO 2136.22

c.

RO 4750

d.

RO 6160