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Homework answers / question archive / Question 1 The following is the information pertaining to deposit types, total balance of all accounts for the given product type the assigned weight and depositor ratio' used for Mudharabah deposit account in the Bank Tijarah for the year 2019

Question 1 The following is the information pertaining to deposit types, total balance of all accounts for the given product type the assigned weight and depositor ratio' used for Mudharabah deposit account in the Bank Tijarah for the year 2019

Accounting

Question 1 The following is the information pertaining to deposit types, total balance of all accounts for the given product type the assigned weight and depositor ratio' used for Mudharabah deposit account in the Bank Tijarah for the year 2019. Product Type Funds Pooled Assigned Weighted Weight Balance Income Distribution Depositor Depositor Ratio Profit Profit Rate 5,500,000 Savings 0.85 X X X 55% ? 1.300.000 0.85 ? X 60% ? ? 1-month Mudarabah 3-month Mudarabah 0.85 4,100,000 x ? 70% ? ? 0.85 6-month Mudarabat 1,700,000 x ? X 75% X 380,000 0.85 ? ? 80% ? ? 9-month Mudarabab 12-month Mudarabab 490,000 0.85 X X 85% ? ? X X ? ? Assume that, total income earned for a period of one month is RM65, 000. You are required to compute: (a) Weighted Balance for each deposit types (2 marks) (b) Income Distribution based on Weighted and total income earned (3 marks) (c) Depositor's Profit (3 marks) Profit Rate (4 marks)

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