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Q1. The following financial transactions are related with a General Takaful Product: i. An amount of SAR 6,200 received as advanced contribution from new participants.
Q1. The following financial transactions are related with a General Takaful Product:
i. An amount of SAR 6,200 received as advanced contribution from new participants.
ii. An amount of SAR 4,500 received as a contribution from new participants.
iii. Contribution renewal received from participants SAR 5,500.
You are required to prepare necessary journal entries. (1.5 Marks)
Answer:
plagiarism IS NOT ALLOWED, USE YOUR WORDS DONT COPY AND PASTE. *(Pleas make it as a text not handwriting) if there any reference add it
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