Question: no need for explanation Just option A ,B ,C or D I will rate you Mega mart has the information on balance of debtors on


Mega mart has the information on balance of debtors on 1st January 2019 RO 35,400, credit sales RO 225,600, sales return and allowances RO 1,600, cash received from credit customers RO 134,800 and sales discount RO 800. Evaluate the above and calculate the closing balance of debtors account a. RO 123,800 b. RO 125,400 c. RO 127,000 d. RO 126,200 Next pa Based on the following transactions of a business, how much amount will be transferred to Account receivable column of Sales journal for the month of May? May 5- Sold RO 18,500 of merchandise inventory, terms 2/10, n 30, FOB Destination with a cost of goods sold of RO 8,500 to Rahim traders. May 9 -Sold RO 22,500 of merchandise inventory and received cash, terms 2/15, n 30, FOB Shipping point with cost of goods sold RO 12,400 to Anwar traders. May 27- Sold RO 35,600 of merchandise inventory, terms 3/10, n 30, FOB Destination with cost of goods sold RO 20,400 to Ahmed traders. a. RO 20,400 b. RO 54,100 c. RO 28.900 d.RO 22.500 Next pac The journal entry to record the credit sales under the periodic inventory system is. a. Account receivable debit/Cash debit O b. Account receivable debit/ Sales credit c. Cash debit/Sales credit O d. Sales debit/Cash credit e -Excel-Class Jump to
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