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XYZ Co. has current assets of OR 75000 and total assets of OR 210000. It has current liabilities of OR 45000 and total liabilities of
XYZ Co. has current assets of OR 75000 and total assets of OR 210000. It has current liabilities of OR 45000 and total liabilities of OR 110000. If during the year he had drawings OR 7500, retained earnings OR 34000 & Net Profit for the year OR 12500. Calculate the Total long-term liabilities? Select one: O a. 65000 OMR O b. 100000 OMR O c. 70000 OMR O d. 39000 OMR The company made a sale of goods for RO. 15000 (cost RO 10000) and received 30% in cash and balance on the account. Which of the following is the correct presentation on the accounting equation? From the following information, calculate Net Profit (Loss) Sales RO 40520 Cost of the goods sold RO 21400 Salaries Expense RO. 18000 Electricity Expense RO. 1900 Depreciation Expense RO. 2200 Bank RO. 9100 Computer RO 6700 Dividend income RO 970 Select one: O a. RO (2010) O b. RO 2010 Oc'RO (17090) O d. RO (19120)
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