13. Please take note that Question 13 to18- A, B, C and C are related. According to [A], the journal entries for the provision of Mudharabah contract would be; *

Please take note that Question 13 to 18- A, B, C and C are related. .13 According to [A], the journal entries for the provision of Mudharabah * contract would be [A] Nashwa Ameera, the founder of Ameera Cosmetic has approached Akhlaqeen Islamic Bank for a support due to insufficient funds to expand her business. On 1st January 2016, Akhlaqeen Bank enters into a Mudharabah contract with Ameera Cosmetic. The bank agreed to contribute capital of RM 750,000 with the profit-sharing ratio of 3:1 between the bank (Rabb al-Mal) and Ameera Cosmetic (Mudarib). For 2017, the venture earned a profit of RM 450,000. A) Dr Mudharabah Financing RM 750,000 and Cr Cash RM 750,000 B) Dr Cash RM 750,000 and Cr Mudharabah Deposit RM 750,000 C) Dr Mudharabah Financing RM 150,000 and Cr Cash RM 150,000 D) Dr Cash RM 750,000 and Cr Mudharabah Financing RM 750,000 Calculate the profit to be shared to the Akhlaqeen Islamic Bank for .14 * .2017 [A] Nashwa Ameera, the founder of Ameera Cosmetic has approached Akhlaqeen Islamic Bank for a support due to insufficient funds to expand her business. On 1* January 2016, Akhlaqeen Bank enters into a Mudharabah contract with Ameera Cosmetic. The bank agreed to contribute capital of RM 750,000 with the profit-sharing ratio of 3:1 between the bank (Rabb al-Mal) and Ameera Cosmetic (Mudarib). For 2017, the venture cared a profit of RM 450,000. A) RM 149,999 B) RM 299,999 C) RM 337,500 D) RM 450,000 O According to [B], how much is the capital contribution ratio between .15 * ?Ameera Cosmetic and Akhlaqeen Islamic bank for 2017 [B] On 31 December, 2017, the parties agreed to convert the Mudharabah to a Musharakah Mutanagisah. For the year ending 31" December 2016, the venture of Mudharabah has suffered a loss of RM 100,000. Ameera Cosmetic agreed to contribute RM 300,000 as capital while the bank agreed that whatever balance in the Mudharabah account will be contributed to the partnership as its capital. The profit earned by the bank in 2017 was not to be included. The profit-sharing ratio between the bank and Ameera Cosmetic was agreed at 2:3, respectively. A) 68.5%: 31.5% B) 31.5%: 68.5% C) 28.5%: 71.5% D) 71.5%: 28.5% salzii Calculate the profit to be shared to Ameera Cosmetic for the year 2018.16 *.and the journal entries for the profits recorded by Ameera Cosmetic [C] The financial performance of the project between Ameera Cosmetic and Akhlaqeen Islamic Bank for the year ending 31 December 2018 is a profit of RM 150,000; for the year ending 31 December 2019 is a loss of RM 75,000 and for the year ending 31" December 2020 is a loss of RM 25,000. A) Dr Musharakah Profit RM 60,000 and Cr Cash RM 60,000 B) Dr Musharakah Profit RM 90,000 and Cr Cash RM 90,000 C) Dr Cash RM 60,000 and Cr Musharakah Profit RM 60,000 D) Dr Cash RM 90,000 and Cr Musharakah Profit RM 90,000 Calculate the capital contribution ratio for December 2019 between .17 Akhlaqeen Islamic Bank and Ameera Cosmetic considering all information *.provided in A, B, C and D [DJ On 31 December 2018, the bank agreed to sell 15% of its share in the venture to Ameera Cosmetic for RM 80,000. Ameera Cosmetic settled the amount on the same day. On 31 December 2019, Ameera Cosmetic purchased another 25% of the bank's share for RM 50,000. Ameera Cosmetic settled the amount on the same day. The bank decided to make a provision in 2020, equal to 15% of the balance of the Musharakah Financing A) 68.5%: 31.5% O B) 43.6%: 56.4% C) 56.4%: 43.6% D) 51%: 39% O Segala Finally, calculate the loss to be borne by Akhlaqeen Islamic bank in the .18 .year 2019 A) RM 10,900 B) RM 31,350 C) RM 43,650 D) RM 75,000