.. Presented below is some financial information at December 31/2015, related to Alraia company Liablites &...

 

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.. Presented below is some financial information at December 31/2015, related to Alraia company Liablites & Equity Current liabilities Note payable Assets Current asstes Cah Account recevible Inventory Total Fixd assete Cars Furniture Real estate Total 200.000 60.000 150.000 410.000 60.000 40.000 200.000 710.000 Accounts payable Other liabilities Total Owner equity: Capital shares Retained earnings Other information: - Debts 80,000 - Expenses 60,000 Required: - Calculate the zakat base - Calculate Due zakat by using direct method and indirect method 30.000 70.000 80.000 180.000 350.000 180.000 710.000 .. Presented below is some financial information at December 31/2015, related to Alraia company Liablites & Equity Current liabilities Note payable Assets Current asstes Cah Account recevible Inventory Total Fixd assete Cars Furniture Real estate Total 200.000 60.000 150.000 410.000 60.000 40.000 200.000 710.000 Accounts payable Other liabilities Total Owner equity: Capital shares Retained earnings Other information: - Debts 80,000 - Expenses 60,000 Required: - Calculate the zakat base - Calculate Due zakat by using direct method and indirect method 30.000 70.000 80.000 180.000 350.000 180.000 710.000

Answer rating: 100% (QA)

SOLUTION To calculate the zakat base we need to determine the total value of the assets that are eli... View the full answer