Following is the statement of changes in fiduciary netassets for the year December 2019- Private purpose trustfundParticularsAmount (OMR)Contributions60,000The administrative cost of managing thefund900Increase in the fair value of investments1,800Benefit

匿名用户 最后更新于 2021-11-19 19:23 会计Accounting

Following is the statement of changes in fiduciary netassets for the year December 2019- Private purpose trustfund

Particulars

Amount (OMR)

Contributions

60,000

The administrative cost of managing thefund

900

Increase in the fair value of investments

1,800

Benefits provided to beneficiaries

42,000

Interest received from investments

700

Net asset at the beginning of the year

12,000

(A) From the above statement of changes in fiduciary netassets for the year December 2019- Private purpose trust fund, findtotal additions

a) OMR 19,600

b) OMR 74,500

c) OMR 62,500

d) None of them




(B) From the above statement of changes in fiduciary netassets for the year December 2019- Private purpose trust fund, findtotal deductions

a) OMR 42,900

b) OMR 54,900

c) None of them

d) OMR 42,000

(C) From the above statement of changes in fiduciary netassets for the year December2019- Private purpose trust fund, findchanges in net assets.

a) OMR 18,000

b) None of them

c) OMR 19,600

d) OMR 31,600

(D) From the above statement of changes in fiduciary netassets for the year December 2019- Private purpose trust fund, findnet assets at the end of 2019

a) OMR 30,000

b) OMR 31,600

c) None of them

d) OMR 23,300

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