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answer the question arcise 4: me following information is ended December 31,2015 The agreed profit sharing ratio between the bank and Mudarabah depositors is 7:3,
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arcise 4: me following information is ended December 31,2015 The agreed profit sharing ratio between the bank and Mudarabah depositors is 7:3, respectively. Required A. Prepare the income statement for profit distribution between Al-hilal bank and Mudarbarah depositors based on: 1) Separate investment account method (SIAM) 2) Pooling method (PM) B. Which profit distribution method do you think the bank might prefer Step by Step Solution
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