1. Faisal started its business with a capital of SAR 100,000 which I deposited into the...
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1. Faisal started its business with a capital of SAR 100,000 which I deposited into the bank's account 2. Buy a car for SAR 15,000 from Hope Show on account 3. Buy furniture for SAR 10,000 from Almutlaq shops with a check 4. The dues were paid to the Hope show by cheque 5. Furniture sold in thousand rials for Happiness Shops on account 6. The receivable was collected in Happiness Shops 7. Services were provided in the amount of SAR 5400, of which SAR 2000 were received and the remainder were accepted as bills of exchange 8. 3000 SAR salaries, 1500 rental expenses and other expenses have been paid 1100 indicate the factor's impact on the budget equation? 1. Faisal started its business with a capital of SAR 100,000 which I deposited into the bank's account 2. Buy a car for SAR 15,000 from Hope Show on account 3. Buy furniture for SAR 10,000 from Almutlaq shops with a check 4. The dues were paid to the Hope show by cheque 5. Furniture sold in thousand rials for Happiness Shops on account 6. The receivable was collected in Happiness Shops 7. Services were provided in the amount of SAR 5400, of which SAR 2000 were received and the remainder were accepted as bills of exchange 8. 3000 SAR salaries, 1500 rental expenses and other expenses have been paid 1100 indicate the factor's impact on the budget equation?
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Step 12 Answer In order to determine the impact of these transactions on Faisals business budget we ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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