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tion 19 et wered ed out of GY Company purchased a machine from Korea on June 1, 2020 and paid OMR 15,000. The company pa
Posted: Tue Nov 16, 2021 8:54 am
by answerhappygod
- Tion 19 Et Wered Ed Out Of Gy Company Purchased A Machine From Korea On June 1 2020 And Paid Omr 15 000 The Company Pa 1 (45.79 KiB) Viewed 88 times
tion 19 et wered ed out of GY
Company purchased a machine from Korea on June 1, 2020 and paid OMR 15,000. The
company paid OMR 600 for freight from Korea to Oman and OMR 200 for installation. On June 1, 2020 the machine has a market value of OMR 17,000. Upon installation, a staff damaged a part by his own negligence and repairs was made costing OMR 300. As per the conceptual framework on measurement, how much should be debited to expense in the books of TGY
Company and how much will be the increase in machine account? ag ation a. None of these b. OMR 500 and OMR 15,000 c: OMR 800 and OMR 15,600 od OMR 200 and OMR 15,800