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Question - Consider the following monetary assets and liabilities:
Items 2018 (Start) OMR 2018 (End) OMR
Bank 2,000 3,000
Cash 1,000 1,500
Debtors 10,000 12,500
Accounts Payables 15,000 12,000
Index Numbers 100 180
Average Index Number 150
What is the amount of Monetary Loss/ Gain from assets?
a-Loss OMR 7,100
b-Gain OMR 8,360
c-Gain OMR 7,100
d-Loss OMR 11,200
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