topic:Islamic Accounting

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Question 1:Answer The Following Required.

a manufacturer of plastic containers. The statement of financial position as of December 31^st, 2019, is shown in Table 1 below.

RM RM Current assets Current liabilities Cash in hand 30,000 Trade creditors 5.000 Bank 15,000 Accrued expenses 20,000 Trade debtors 50.000 Closing stock 45,000 Work in progress 42,000 Fixed assets Capital 267,000 Property, plant, and equipment 100,000 Reserves 120,000 Real estate investments 100.000 Profit 30,000 442.000 442.000