Question
An Islamic company was established in the form of AL.Anan (Haphazard) between Ahmad, Abdullah and Ghassan to trade in foodstuffs. Profits are divided between them
An Islamic company was established in the form of AL.Anan (Haphazard) between Ahmad, Abdullah and Ghassan to trade in foodstuffs. Profits are divided between them by 50%, 30% and 20% respectively, while the company's capital at the end of the year is 60,000 dinars,(30000.18000, 12000) respectively and the annual purchases amounted to 200,000 dinars and the expenses of selling it 10,000 dinars And the beginning Inventory of the period is 20,000 dinars, and the ending Inventory of the period were estimated at 24,000 dinars at the market value, as (Ahmed withdrew 2.000 dinars, Abdullah 2.000 dinars, and Ghassan 2.000 dinars as personal withdrawals): - if the sales amount to 260,000 dinars Ghassan partner current account will appear at value- O 8,800 dinars 10800 dinars 22.800 dinars 20800 dinars
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