XYZ Company provided services of OMR 35,000. The company received cash OMR 10,000 from customers,...
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Accounting
XYZ Company provided services of OMR 35,000. The company received cash OMR 10,000 from customers, and it bills the balance of OMR 25,000 on account. How this transaction recorded in the accounting equation? O a. Increases cash by OMR 10,000, increase accounts Receivable by OMR 25,000 and decreases revenue by OMR 35,000 O b. Increases cash by OMR 10,000, increase Account Receivables by OMR 25,000 and increases revenue by OMR 35,000 O c. Increases cash by OMR 25,000, increase accounts receivable by OMR 10,000 and increases revenue by OMR 35,000 O d. Decreases cash by OMR 10,000, decrease accounts receivable by OMR 25,000 and decreases revenue by OMR 35,000
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