Question 21 Not yet answered Marked out of 0

Question 21 Not yet answered Marked out of 0.50 Flag question If the seller is to pay the freight costs of delivering merchandise, the delivery terms are stated as a. FOB destination b. FOB seller C. FOB n/30 d. FOB shipping point Under perpetual inventory system- what is the journal entry when payment is made on accounts payable a. Dr Cash Accounts receivables Cr b. Dr Cash Accounts payable Cr c. Dr Accounts receivable Cash Cr d. Dr Accounts payable Cash Cr Question 30 Not yet answered Marked out of 0.50 Flag question Muscat company mart has the following sales transactions for the month of April 2018. April 6 Sold goods on credit to Nizwa mart: 40 Kettles @ OMR 20each 50 electrical equipment @ OMR 15 each Trade discount of 3% and Shipping cost of OMR 350 April 8 Sold goods to JK mart and received cash of OMR 7,500 Calculate the total amount which is transferred to Sales daybook during the month of April 2018? a. OMR 9353.5 O b. OMR 1953.5 C. OMR 1,853.5 d. OMR 1457.5 Question 21 Not yet answered Marked out of 0.50 Flag question If the seller is to pay the freight costs of delivering merchandise, the delivery terms are stated as a. FOB destination b. FOB seller C. FOB n/30 d. FOB shipping point Question 20 Not yet answered Marked out of 0.50 P Flag question In credit terms of 3/15, 20 MFI, the 20 MEI means a. Full payment is due on the 20th of the preceding month following the invoice date b. Full payment is due on the 20th of the month following the invoice date c. Full payment is due on the 20th of the next month following the invoice date O d. none of the options