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Which one of the followings is TRUE? Select one: a. Account Assets Liability Capital Effect of transaction Decrease Entry in account Debit Credit Credit Increase

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Which one of the followings is TRUE? Select one: a. Account Assets Liability Capital Effect of transaction Decrease Entry in account Debit Credit Credit Increase Decrease Effect of transaction b. Account Assets Liability Capital Increase Entry in account Credit Debit Credit Increase Increase Effect of transaction . Account Assets Liability Capital Increase Entry in account Debit Credit Credit Increase increase d. Account Assets Liability Capital Effect of transaction Increase increase Increase Entry in account Debit Debit Credit moodle 1.du.edu.om 8000 Operating Expenses Operating Income 10000 Other Income: Interest Income 4000 Net Income RO 14000 If the company must pay an income tax expense on its profit and the tax rate is 30%, determine the Net income after tax Select one a. OR 4200 b. OR 9800 C OR 10000 d. OR 18200 e. The correct answer not available ge

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