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This is all 1 question, please answer all. The Arabian Gulf Company issued 1 January 2019 25,000 ordinary shares with a value of 4 dinars

This is all 1 question, please answer all.
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The Arabian Gulf Company issued 1 January 2019 25,000 ordinary shares with a value of 4 dinars per share. The company carried out its activities throughout the first year, and the comparative budget appeared at the beginning and end of 2019 as follows: December 31,2019 January 1, 2020 Increase/decrease Cash 92010 46000 ? Accounts 82095 41000 ? receivable Profit ? ? 24101 12000 ? Liabilities and equity Creditors account Ordinary stocks Retained earnings Profit ? 50000 ? 50004 25000 ? ? ? The income statement and additional information for Arabian Gulf Company were as follows: List of income of the Arabian Gulf Company For the year ended December 31,2019 Revenue 343967 217000 Operating expenses Interest expenses 23000 104000 Income before taxes 26000 Income tax expense Net income ? Additional information: Distributions amounting to 11511 dinars were paid during the year. Additional information: Distributions amounting to 11511 dinars were paid during the year. Required: 1. Determining the increase and decrease in the budget from 1/1/2019 to 31/12/2019, along with justifying your answer? 2. Determine the value of ordinary shares in the balance sheet at the end of December 31, 2019? 3. Determining the total assets, liabilities and equity at the end of December 31, 2019? 4. Calculate the net income in the income statement and additional information for Arabian Gulf Company? 5. Preparing the statement of cash flows for the year ending December 31, 2019

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