The Material Supplies account at Dar Al Fatina shows the following transactions: Material supplies purchased for cash

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The Material Supplies account at Dar Al Fatina shows the following transactions: Material supplies purchased for cash AED1,000, additional supplies purchased for cash AED500, material supplies purchased on account AED3,500. Dar Al Fatina paid AED1,000 of the accounts payable. What is the Material Supplies account balance?

a. AED4,000

b. AED1,500

c. AED6,000

d. AED5,000

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Related Book For  answer-question

Principles Of Islamic Accounting

ISBN: 9781119023296

1st Edition

Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim

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