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QUESTION 4 Q5. All statement are limitations of trial balance Except: OMR 650 collected from customer, is debited to cash for OMR650 and credited to account receivable for OMR650. Ob the purchase of Supplies on dycount is debited to Supplies and credited to Cash. OMR 100 cash drawing by the owner is debited to Owner's Drawings for OMR 1,000 and credited to Cash for OMR 100 transaction is not journalized MILFSTION 6 The cost principle is concerned with: O a Setting menu prices at a certain mark-up over cost b. Valuing long-lived assets at their current market value rather than at cost O c Matching the cost of items with the related sales revenue Recording items in the accounting records at their actual cost d. O c. Matching the cost of items with the related sales revenue Recording items in the accounting records at their actual cost QUESTION 6 Q20. Which of the following will not be recorded in the book of an Account: a Purchase of Goods Ob. Payment of salaries c. Sales of Goods od Quality of staff QUESTION 7 Q18. A restaurant purchased a new point of sale terminal by paying one-half of its cost in Click Save and Submit to save and submit. Click Save all Answers to save all answers. Q: ENG (1) Tory/