Question: Question : Q1) (4 Marks) Here is the following data for Macaroni stores, owned by Walid on 1/1/2019 2) On 1-1-2019, Walid rented his building

Question :

Q1) (4 Marks) Here is the following data for Macaroni stores, owned by Walid on 1/1/2019 2) On 1-1-2019, Walid rented his building for 24,000 dinars per year and paid the following expenses The monthly salary of the building guard is 200 dinars The value of the building on 1-1-2019 was 300,000 dinars, and on 31-12-2019 it amounted to 400,000 dinars) It is depreciated 2% on a straight line method) monthly maintenance costs 100 dinars Walid contributed to the education of his nephew and paid the amount of 300 dinars, which he considere Q1) (4 Marks) Here is the following data for Macaroni stores, owned by Walid on 1/1/2019 2) On 1-1-2019, Walid rented his building for 24,000 dinars per year and paid the following expenses The monthly salary of the building guard is 200 dinars The value of the building on 1-1-2019 was 300,000 dinars, and on 31-12-2019 it amounted to 400,000 dinars) It is depreciated 2% on a straight line method) monthly maintenance costs 100 dinars Walid contributed to the education of his nephew and paid the amount of 300 dinars, which he considere
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
