Question 4.Annwar is a manufacturer of plastic containers. The statement of financial position as of December 31st, 2019, is shown in Table 1 below. RM RMCurrent assets Current liabilities Cash in hand30,000Trade creditors5,000Bank15,000Accrued expenses20,000Trade debtors50,000 Closing stock45,000 Work in progress42,000 Fixed assets Capital267,000Property, plant, and equipment100,000Reserves120,000Real estate investments100,000Profit30,000 442,000 442,000 The following have not been adjusted:The personal drawings of Annwar for the year amounted to RM200,000.Annwar also donated RM20,000 to his favorite charity in November.There is obsolete stock amounting to RM5,000.Required:Determine the zakat payable by Annwar.

Financial Position - The documented assets, liabilities, and equity balances of a company are…

manufacturer of plastic containers. The statement of financial position as of December 31st, 2019, is shown in Table 1 below. RM RM Current assets Current liabilities Cash in hand 30,000 Trade creditors 5,000 Bank 15,000 Accrued expenses 20,000 Trade debtors 50,000 Closing stock 45,000 Work in progress 42,000

manufacturer of plastic containers. The statement of financial position as of December 31st, 2019, is shown in Table 1 below. RM RM Current assets Current liabilities Cash in hand 30,000 Trade creditors 5,000 Bank 15,000 Accrued expenses 20,000 Trade debtors 50,000 Closing stock 45,000 Work in progress 42,000

Intermediate Accounting: Reporting And Analysis

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ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

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bartleby, a Learneo, Inc. business

	RM		RM
Current assets		Current liabilities
Cash in hand	30,000	Trade creditors	5,000
Bank	15,000	Accrued expenses	20,000
Trade debtors	50,000
Closing stock	45,000
Work in progress	42,000

Fixed assets		Capital	267,000
Property, plant, and equipment	100,000	Reserves	120,000
Real estate investments	100,000	Profit	30,000
	442,000		442,000