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38) Solo traders has the following transactions for the month of January 2019. 9- Goods purchased and paid cash of RO 2,200                                                                        14- Paid office expenses of RO 1,240                                                                                              19- Paid a monthly loan to Bank Muscat of RO 1,450.                                                                       24- Paid RO 7,500 to Black traders for the goods purchased on credit.                                                                                                        Calculate and show the amount which will be transferred to Total column of Cash payments book for the month of January 2019? a. RO 2,200 b. RO 12,390 c. RO 1,240 d. RO 7,500

38) Solo traders has the following transactions for the month of January 2019. 9- Goods purchased and paid cash of RO 2,200                                                                        14- Paid office expenses of RO 1,240                                                                                              19- Paid a monthly loan to Bank Muscat of RO 1,450.                                                                       24- Paid RO 7,500 to Black traders for the goods purchased on credit.                                                                                                        Calculate and show the amount which will be transferred to Total column of Cash payments book for the month of January 2019? a. RO 2,200 b. RO 12,390 c. RO 1,240 d. RO 7,500

Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section: Chapter Questions
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38)

Solo traders has the following transactions for the month of January 2019.

9- Goods purchased and paid cash of RO 2,200                                                                       

14- Paid office expenses of RO 1,240         

                                                                                   

19- Paid a monthly loan to Bank Muscat of RO 1,450.                                                                      

24- Paid RO 7,500 to Black traders for the goods purchased on credit.                                                       

                                               

Calculate and show the amount which will be transferred to Total column of Cash payments book for the month of January 2019?
a.
RO 2,200
b.
RO 12,390
c.
RO 1,240
d.
RO 7,500
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