Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. interest expenses omr 200 interest payable omr 100

Interest expenses OMR 200 Interest payable OMR 100 Advertisement OMR 50 Insurance expense OMR 60...

50.1K

Verified Solution

Question

Accounting

Interest expenses OMR 200

Interest payable OMR 100

Advertisement OMR 50

Insurance expense OMR 60

Rent received OMR 90

Loss on sale of furniture OMR 75

Sold furniture for profit of OMR 110

Interest received OMR 20

Gross profit OMR 172

Sales discount OMR 16

Sale returns OMR 12

Sales revenue OMR 400

Calculate the cost of goods sold

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider the following function and point.F(x) = (x + 2)/(x-2)? (3,5)(a) Find the derivative of...

Algebra
Q

Explain how photosystems are used during the light reactions to convert solar energy to chemical energy,...

Biology
Q

A converging lens forms an image 20 centimeters  high of an object that is 5 centimeters high. part...

Physics
Q

what was John Lewis's role in advancing racial equality and civil rights?

General Management
Q

The moment of inertia of a hollow cubical box of mass M and side a...

Physics
Q

A fossilized leaf contains 34% of its normal amount of carbon 14. How old is...

Basic Math
Q

Enter or in the box below 7 2

Statistics
Q

An analyst uses Excel to perform a regression on historic data. The resulting regression equation...

Accounting
Q

For the year of 2023, Riggins Corporation, a calendar year corporation, had the following Income...

Accounting
Q

In QuickBooks how do you record a bill for $150 that was received and recorded...

Accounting
Q

Joans normal wage is R360 per hour and her normal working day is 8 hours....

Accounting
Q

9. What is the value of a 20-year, 8% coupon bond (assume annual coupon payments)...

Finance