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Al-Amal Company plans to purchase equipment, and to cover its cost, it has deposited annual...

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Accounting

Al-Amal Company plans to purchase equipment, and to cover its cost, it has deposited annual savings of 10,000 riyals for a period of 10 years and obtained a resale value of 40,000 dinars at the end of that period. Assuming the interest rate is 9% and savings are achieved at the end of the year. Demonstrate the present value of an investment in equipment?
Second section:
Ownership rights represent one of the elements of the statement of financial position, and the most important source of financing available to the facility. In light of this, mention five of the most important elements of ownership rights with an explanation?
the fourth question: .................................................................................
On 1/30/2023, Marwan Trading Company purchased machines at an announced price of 200,000 riyals. The purchase contract stipulated that the company would receive a 5% discount on the announced price of the machines if payment was made within 3 months from the date of purchase, and that the payment date did not exceed 7/20./2023.
Required:
1- Proof of daily entries if payment was made on 4/20/2023
2- Proof of daily entries if payment was made on 7/25/2023

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