(Multiple choice.....choose the correct answer ....without explanation)

The following transactions occurred in the month of June for Sun Light LLC. June 1st Opening inventory 1000 units @ OMR 3.000, June 9th Purchased 400 units @ OMR 2 and June 25 th sold 300 units. Find out the balance cost of goods sold by following the average method.

Select one:

A.

None of these

B.

OMR 900

C.

OMR 814

D.

OMR 418

(Multiple choice.....choose the correct answer ....without explanation)

Mr.yaseen observed that the assets of the company increased to OMR15000 and the liabilities of the company decreased to OMR 15000 without purchasing any new assets. This effect may be because of the following effects.

Select one:

A.

Sale of asset of the company OMR 15000 on credit

B.

Depreciation

C.

Increase in the profit of OMR15000

D.

Decrease in the profit of OMR 15000