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myele Question 1 Not yet answered Marked out of 1.00 P Flag Which of the following will be debited according to the double entry ru O a. Decrease in Cash O b. Decrease in Expenses O c. Increase in Asset d. Increase in Capital Question 2 Nor yet answered Marked out of 1.00 p Flag Choose an example of non-current liability. a. Bonds payable O b. Accrued expense O c. Interest payable od Wages payable Question 3 Not yet answered Marked out of 1.00 P Flag question Which of the following is called Posting? O a. An entry made in trial balance from balance sheet O b. An entry made in journal from ledger oc An entry made in balance sheet from journalis O d. An entry made in ledger from journal Question 4 Not yet answered Marked out of 1.00 p Flag question ABC Companys Capital at the beginning is OMR 80,000; retained earnings is OMR 4,000; Net profit is OMR 10.000: Dividend is a 6.000 and drawings is OMR 3.000, how much will be the total Owners Equity? 3. OMR 77.000 b. OMR 61,000 O OMR 85.000 d OMR 59.000 Question 5 Not yet answered Marked out of 1.00 Flag question What is the EFFECT on accounting equation for the transaction Commission Received OMR 1002 Question 5 Not yet answered Marked out of 1.00 P Flag question What is the EFFECT on accounting equation for the transaction Commission Received OMR 100? a. Increase Cash, Increase Commission O b. Decrease Cash, Decrease Commission O C. Increase Creditor. Increase Commission O d. Decrease Cash, Increase Commission EN