Abdullah is a Saudi citizen has submitted his zakat return including the following information for 1 4
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Question:
Abdullah is a Saudi citizen has submitted his zakat return including the following information for H
a Owns an investment car at a book value of and with market value of the car produced a monthly rental value of actual total expenses incurred every month of getting the income is SAR
b Owns a farm at a book value of and during the year it produces different type of fruits. The total gain is SR Expenses of the production are estimated at onethird, assuming its watered by water from springs and rain.
Required:
Calculate the receptacle of the zakat for each kind assuming the zakat receptacle exceeds Nisab.
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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