Question: JUST NEED OPTION no need explain NO need for explanation i will rate you Question 1 Not yet answered Marked out of 1.00 Flag question

JUST NEED OPTION

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will rate you Question 1 Not yet answered Marked out of 1.00

Question 1 Not yet answered Marked out of 1.00 Flag question On 20 February 2021, Venus Co. received cash OMR 2,000 from a customer for the service provided on 10 January 2021. What is the effect of the transaction on 20 February 2021? a. Decrease in account receivable and decrease in cash O b. Decrease in account receivable and increase in cash c. Increase in account receivable and decrease in cash d. Increase in account receivable and increase in cash Question 2 Not yet answered Marked out of 1.00 P Flag question Identify a current asset from the given options: a. Machinery O b. Outstanding expenses c. Prepaid expenses O d. Account payable Question 3 Not yet answered Marked out of 1.00 Flag question Who among the following uses accounting information to know about whether the company will continue to honour product warranties? O a. Creditors O b. Employees O c. Management O d. Customers

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