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pl::A%925 Not yet answered Question 5 Marked out of 1.00 p Flag question On dissolution of a firm, its Balance Sheet revealed total creditors of

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pl::A%925 Not yet answered Question 5 Marked out of 1.00 p Flag question On dissolution of a firm, its Balance Sheet revealed total creditors of OMR100,000; Total Capital OMR 96,000; Cash Balance OMR 6,000. Its non-cash assets were realised at 12% less than their book value. The profit (loss) on realisation is; a. (OMR 22,800) b. OMR 7,200 C. OMR 22,520 d. (OMR 12,000)

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