plz solve it quickly Question 23 Not yet answered Marked out of 100 p...
80.2K
Verified Solution
Link Copied!
Question
Accounting
plz solve it quickly
Question 23 Not yet answered Marked out of 100 p Flag question Hameed, a trader who did not keep proper books of records, now decided to keep a double entry set of books on 3 January 2020, he establishes that his assets and liabilities are as follows: Assets Machinery OMR 5.000: Cash OMR 1,000; Inventory OMR 500. Liabilities: Creditors OMR 4.000. What is amount of capital recorded in the general journal? O a OMR 4.000 O b. OMR 6.500 c. OMR 5.500 O d. OMR 2.500
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!