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TYG Company purchased a machine from India on June 1, 2020 for a total price of OMR 10,000, TYG paid 60% on cash while t
Posted: Tue Nov 16, 2021 8:51 am
by answerhappygod
- Tyg Company Purchased A Machine From India On June 1 2020 For A Total Price Of Omr 10 000 Tyg Paid 60 On Cash While T 1 (45.54 KiB) Viewed 91 times
TYG
Company purchased a machine from India on June 1, 2020 for a total price of OMR 10,000, TYG paid 60% on cash while the balance on credit. The
company paid OMR 300 for freight from India to Oman and OMR 200 for installation. As per the conceptual framework on measurement, how much should be debited to machine on June 1,2020? O A. OMR 6,500 O b. OMR 4,500 Oc. None of these O d. OMR 10,500