Question: You are given with some information from the Adjusted Trial Balance of a business. Determine the total value of current liabilities for the given period.
You are given with some information from the Adjusted Trial Balance of a business. Determine the total value of current liabilities for the given period.
Al Jabal Transporting
Adjusted Trial Balance (Partial)
For the year ended 31 December 2019
Debit (OMR)
Credit (OMR)
Capital
75,000
Service revenue
15,000
Rent expenses
2,400
Salary expenses payable
13,300
Repair expense
600
Account receivable
8,000
Interest revenue
3,700
Unearned revenue
2,000
Supplies
1,500
Accounts payable
4,500
a.
OMR 17,800
b.
OMR 6,500
c.
OMR 19,800
d.
OMR 23,500
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