1 Little Electrodes, Inc. is a retailer that sells electronics and computer parts. The company's March...
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1 Little Electrodes, Inc. is a retailer that sells electronics and computer parts. The company's March 2023 transactions are below. (Total 50 points) 1. Record the General Journal Entriees (40 pts as a total). IN THE EXAM, THERE WILL BE 4 JOURNAL ENTRIES 2. Record the Ledger Accounts (10 pts). 7 March -. The company started the business with 300.000TL cash. 9 March The company paid the annual rent as 120.000TL in cash. 15 March - Company purchased goods for 60.000TL+10% VAT from Lotus Inc. and paid the amount half cash and half on account 27 March The Company bought a vehicle that is worthed 500.000TL+%10 VAT from a German company paid the amount with bank credit. 30 March - Little Electrode, Inc. sells a computer monitor to a customer for 7.000TL+10% VAT to Emmi Company on account, the company purchased this monitor from the manufacturer for 5.000 TL on March 9th. 1 Little Electrodes, Inc. is a retailer that sells electronics and computer parts. The company's March 2023 transactions are below. (Total 50 points) 1. Record the General Journal Entriees (40 pts as a total). IN THE EXAM, THERE WILL BE 4 JOURNAL ENTRIES 2. Record the Ledger Accounts (10 pts). 7 March -. The company started the business with 300.000TL cash. 9 March The company paid the annual rent as 120.000TL in cash. 15 March - Company purchased goods for 60.000TL+10% VAT from Lotus Inc. and paid the amount half cash and half on account 27 March The Company bought a vehicle that is worthed 500.000TL+%10 VAT from a German company paid the amount with bank credit. 30 March - Little Electrode, Inc. sells a computer monitor to a customer for 7.000TL+10% VAT to Emmi Company on account, the company purchased this monitor from the manufacturer for 5.000 TL on March 9th.
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