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current discounts Current assets 60,000 notes payable 70,000 creditors 60,000 cash 90,000 debtors 100,000 items 130,000 total 250000 total Property rights net fixed assets 400,000

current discounts

Current assets

60,000 notes payable

70,000 creditors

60,000 cash

90,000 debtors

100,000 items

130,000 total

250000 total

Property rights

net fixed assets

400,000 capital

70,000 profit for the year

90,000 cars

60,000 Furniture

200,000 buildings

470000 Total

350000 Total

600000 Total Liabilities and Equity

600000 total assets

Required: a. Determining the zakat base by the method of using funds and determining the amount of zakat due? B. Determine the zakat base indirect way sources of funds? c. Explain the extent to which the results agree and how different the two methods are.

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