ABC Company had the following items in its accounts: Certified Checks of OMR 2,000; NSF Checks of OMR 1,000; Postage sta

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Abc Company Had The Following Items In Its Accounts Certified Checks Of Omr 2 000 Nsf Checks Of Omr 1 000 Postage Sta 1 (46.32 KiB) Viewed 90 times

ABC Company had the following items in its accounts: Certified Checks of OMR 2,000; NSF Checks of OMR 1,000; Postage stamps of OMR 200; Cashiers checks of OMR 5,000 and Cash for Long term debt retirement of OMR 30,000.Restricted money orders amounted to OMR 500. How much should be the total balance of cash to be reported in the Balance Sheet? O a. 7,500 OMR O b. 7,000 OMR O c. 8,700 OMR O d. None of these Question 13