Accounting Question

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

Assignments submitted through email will not be accepted.

Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.

Students must mention question number clearly in their answer.

Late submission will NOT be accepted.

Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

All answers must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism.

Submissions without this cover page will NOT be accepted.

Assignment Question(S): (5 Questions Each 3 Marks With Total 15 Marks)

1. Explain filing status when determining the Amount of Tax.

Answer:

2. Discuss the concepts of accounting, economics, and tax of income

Answer:

3. List five Items of Gross Income

Answer:

4. List five of Major Statutory exclusions from gross income

Answer:

5. Discuss the timing of the allowable medical expense deduction.

Answer:

College of Administration and Finance Sciences
Assignment (2)
Deadline: Saturday, 23/11/2024 @ 23:59
Course Name: TAX AND ZAKAT
Student’s Name:
ACCOUNTING
Course Code: ACCT 422
Student’s ID Number:
Semester: First Semester
CRN: 14245
Academic Year: 1446 H
For Instructor’s Use only
Instructor’s Name: Dr. Salah Oraby
Students’ Grade:
/15
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
•
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
•
Assignments submitted through email will not be accepted.
•
Students are advised to make their work clear and well presented, marks may be reduced for
poor presentation. This includes filling your information on the cover page.
•
Students must mention question number clearly in their answer.
•
Late submission will NOT be accepted.
•
Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.
•
All answers must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism.
•
Restricted – ‫مقيد‬
Submissions without this cover page will NOT be accepted.
College of Administration and Finance Sciences
Assignment Question(S):
(5 Questions Each 3 Marks With Total 15 Marks)
1. Explain filing status when determining the Amount of Tax.
Answer:
2. Discuss the concepts of accounting, economics, and tax of income
Answer:
Restricted – ‫مقيد‬
College of Administration and Finance Sciences
3. List five Items of Gross Income
Answer:
4. List five of Major Statutory exclusions from gross income
Answer:
Restricted – ‫مقيد‬
College of Administration and Finance Sciences
5. Discuss the timing of the allowable medical expense deduction.
Answer:
Restricted – ‫مقيد‬