A Saudi individual has submitted his zakat return including the following information for 1439H (amounts in SR)
Fantastic news! We've Found the answer you've been seeking!
Question:
A Saudi individual has submitted his zakat return including the following information for 1439H (amounts in SR)
1. Owns an investment building at a book value of 200,000 and with a market value of 300,000, the investment building produced a monthly rental value of 10,000, actual total expenses incurred of getting the income is 20,000.
2. Owns an investment car at a book value of 100,000 and with a market value of 150,000, the car produced annual revenues of 100,000, actual total expenses incurred of getting the income is of 15,000.
Required:
Calculate the receptacle of the zakat for each kind of zakat 1439 H
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
Posted Date: