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What is the amount of monetary loss or gain from assets

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Reference no: EM133002332

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

Reference no: EM133002332

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