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First Duty In 2018, the two partners, Maher and Jasser, decided to establish a joint liability company with a capital of $6,000,000, to be paid
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In 2018, the two partners, Maher and Jasser, decided to establish a joint liability company with a capital of $6,000,000, to be paid equally. Each partner paid his share by check on the bank. In the year 1432 AH, the company achieved a net profit of $200,000 , and the distribution of profits and losses between them was equal. Required: Proof of the daily entries necessary to prove the establishment of the company and the distribution of profits.
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