Account payable OMR 200; Bank loan OMR 1,200; Warranty liability of OMR 500; Creditors OMR 100 and Unearned revenue OMR 200. Calculate the value of record liabilities: Inventory count of a company...

Extracted text: Account payable OMR 200; Bank loan OMR 1,200; Warranty liability of OMR 500; Creditors OMR 100 and Unearned revenue OMR 200. Calculate the value of record liabilities: Inventory count of a company Alpha is 24,000 units. This inventory includes goods held on consignment of company Beta costing OMR 8,000. Company Alpha did not include the cost of OMR 1,400 for the goods sold which are still in transit (FOB shipping point). Calculate the cost of inventory: ull lis isI O 直 0 TOSHIBA