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Which of the following errors will affect the Trial balance? Question 9 Not yet answered Marked out of 1.00 P Flag question a. Electricity paid
Which of the following errors will affect the Trial balance? Question 9 Not yet answered Marked out of 1.00 P Flag question a. Electricity paid OMR 2,000: Debit Telephone RO 2,000 and Credit Cash RO 2,000 O b. Salary paid OMR 500: Debit Salary OMR 500 and Credit Cash OMR 500 Oc Stationery expense OMR 50: Debit Stationery OMR 50 Credit Cash OMR 500 O d. Business paid OMR 89 telephone expenses were recorded OMR 98 in both the accounts This business starts with relatively small amount of capital and the owner proprietor is only person entitled to receive all profits and liable to bear all losses and debts. Question 10 Not yet answered Marked out of 1.00 Flag question O a. Multinational Companies O b. Partnership Oc. Sole Proprietorship O d. Corporation Question 11 Not yet Sold Merchandise inventory for OMR 15,000 were not entered in both the accounts. This type of error answered Marked out of 1.00 P Flag question O a. Will affect only in Sales account is OMR 15,000 O b. Will affect in both the accounts OMR 15,000 OC. Will affect the trial balance O d. Will not affect the trial balance Question 12 Not yet Muscat Electronics purchased 400 Galaxy mobile phone at RO 70 each from Sohar Electronics. The supplier offers a trade discount of 5% on invoice price. The amount of trade discount will be answered Marked out of 1,00 Flag question O a. 26,600 O b. No trade discounts O c. 1400 O d. 28,000 AM 35:8 ( C
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