xtract of Balance sheet items  as at 31 December 2020     OR Land 35000 Account  receivables                                                                                3500  Capital 11500  Closing Stock 15000 Loan 3000 Bank overdraft 3200 Cash 2500 Mortagage loan 7500  Machinery 1650 Trade payables 5700 Accumulated Depreciation 1000 Short term Investments 2200 Trade marks 6000  Drawings 1000 Retained Earnings 7150 Prepaid Expenses 2300     Calculate Owners Equity

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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xtract of Balance sheet items  as at 31 December 2020

 

 

OR

Land

35000

Account  receivables                                                                               

3500 

Capital

11500 

Closing Stock

15000

Loan

3000

Bank overdraft

3200

Cash

2500

Mortagage loan

7500 

Machinery

1650

Trade payables

5700

Accumulated Depreciation

1000

Short term Investments

2200

Trade marks

6000 

Drawings

1000

Retained Earnings

7150

Prepaid Expenses

2300

 

 

Calculate Owners Equity


 


 

Select one:
a. None Of These
b. 8900  OMR
c. 58250 OMR
d. 17650 OMR
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