Question
The first question: Record the daily restrictions required for each of the following independent cases: - 1. 1) If the real estate taxes registered to
The first question: Record the daily restrictions required for each of the following independent cases: -
1. 1) If the real estate taxes registered to the revenue account at the beginning of the financial period amount to 376 thousand dinars. Also includes a payable property tax of 4% that covers future period expenses and 2% is uncollectible.
2. 2) Record the cash collection of pre-collected revenues related to the current financial period 200,000 dinars.
3. 3) In the Ministry of Housing, it was approved to pay the building contractor's bill during 2018 in the amount of 240,000 shekels, a commitment that was made during the year 2017 in the amount of 210,000 shekels with the same contractor.
4. If the balance of the accelerated tax, estimated at 90 thousand shekels, appears and the actual balance of the accelerated tax deduction is 100 shekels? What is the settlement process if the assignment is not approved?
5. Recording the closing of the realized revenues with their collection at the end of the year (and previously monitored)
6. Record the proceeds of traffic violations at 500 shekels (previously unattended).
7. It was found in one of the ministries that the value of the remaining materials in the warehouse was 35 thousand shekels.
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