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myelearning.shct.edu.om/mod/qu Question 36 Not yet answered Marked out of 1.00 p Flag question is the amount of goods remaining unsold in a particular period. O a. Account payable O b. Accounts receivable O c. Cash O d. Inventory Question 37 Not yet answered Marked out of 1.00 p Flag question Which one of the following describes CURRENT ASSETS? O a. Have a long life and are not bought for sale b. Have a short life and easy to convert into cash O C. Have a short life and are not bought for sale O d. Have a long life and easy to convert into cash Question 38 Not yet answered Marked out of 1.00 P Flag question Which of the following account balance will be shown on debit side of Trial Balance? O a. Cash O b. Outstanding expenses O c. Short term loan O d. Creditors Question 39 Not yet answered Marked out of 1.00 p Flag question Identify the account that is debited. when business makes credit purchases of goods worth OMR 10.000. O a. Revenue account O b. Goods account c. Purchase account O d. Inventory account Question 40 Not yet answered Marked out of 1:00 p Flag question O d. Inventory account Question 40 Not yet answered Marked out of 1.00 p Flag question Identify the TWO accounts in 'Accounting Equation' for "Salary paid to employees"? O a. Cash and liability O b. Salary and payment O c. Employees and cash O d. Salary and cash Previous page