Question: plz solve Q 5 & 7 Question 5 Not yet answered Marked out of 100 P Flag question In the year 2018, a government unit

Question 5 Not yet answered Marked out of 100 P Flag question In the year 2018, a government unit operates landfill under enterprise fund. It estimates that the total capacity will be 4,800,000 cubic feet that the site will be used for 25 years and that total closure costs will be OMR 6,000,000. During the Year 2019, the government uses 120,000 cubic feet of the landfill. At year-end, it estimates that the total capacity will be 4,500,000 cubic feet but that closure-related costs will now be OMR 7,200,000. The fund already recognized OMR 12.500 in the year 2018. Calculate the required addition to the liability for the year 2019. OMR 179,500 OMR 167,500 None of them OMR 192,000 in 6 6 Quection 7 Not yet answered Marked out of 2.00 Flag question On January 1, 2018, Muscat City receives an OMR 160,000 donations from a private company, that operates in Muscat. The terms of the trust agreement specify that the city is to use about OMR 80,000 each year for the next two years to help economically weaker sections to get food and medical support. Muscat city accepts the donation and, as allowed by the trust agreement, invests OMR 50,000 in highly rated bonds. The trust agreement also allows Muscat city to deduct OMR 1,500 for office expenses and managing the trust fund. At the end of the year, the fair value of the bonds increased to OMR 58,000. Considering the above case, the appropriate journal entry to record changes in the fair value of bonds held by trust fund shall be: 1 Dr: Investment in bonds OMR 58,000 and Cr: Additions- Investment revalued OMR 58,000 Dr. Cash OMR 58,000 and Cr: Additions Interest OMR 58,000 Dr. Additions-investment revalued OMR 8,000 and Cr Investment in bonds OMR 8,000 Dr Investment in bonds OMR 8,000 and Cr: Additions- Investment revalued OMR 8,000 8
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