please do not hand writing
Q. 1 If Ahmed’s wealth was calculated at the end of themonth of Dhul-Hijah as follows:
Gold weighing 40 grams, gram price 50riyals.
silver coins 1000 riyals
500 dinars, the exchange rate of the dinar 10 riyals
a current account with the Islamic Nation Bank of 6000riyals
shares of 1000 shares, the market value of the share 5riyals
an investment deposit with the Islamic Bank of Egypt 1500riyals
investment certificates 2000 riyals
an amount in the savings book of 1000 riyals
and amount of 500 riyals cash
- What is the amount of zakat due by Ahmed? (3Marks)
Q.2 What Accounting methods a natural person must use torecord his transaction?
Explain the methods. (2.0.)
please do not hand writing Q. 1 If Ahmed’s wealth was calculated at the end of the month of Dhul-Hijah as follows: Gold
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