1) The Candidate has to register the above operations using the double-entry bookkeeping system: a) On 15" June firm X sales goods for 15,000 euro + VAT. Payment by bank transfer on 25 June; b) On 20 March firm X purchases goods for 22,500 euro + VAT. Payment by cash on 25* March; c) On 22 November firm X sales goods for 12,000 euro + VAT. There are passive allowances for 2,000 euro. Payment by bank transfer on 28 November; d) On 22th July firm X buys products of 8,200 euro + VAT, shipping expenses are 10% of product amount. Payment by bank transfer on 29th August; e) On 27h September Company X sales an equipment whose historical cost is 3,000 euro and whose depreciation provision presents a value of 2,000 euro. The sale price is 500; f) On 24th June Company X sales an equipment whose historical value is 8,000 euro and whose depreciation provision presents a value of 4,000 euro. The sale price amounts to 6,000 euro + VAT; g) A credit represented by notes receivable for 10,500 euro expires, company grants a payment extension through the total renewal of the bill of exchange and the payment of the related deferred interests for an amount of 200 euro; h) On 30th June a debt represented by a note payable for 9,000 euro expires and is allowed a delay payment through the total renewal of the note for other two months. Interest, paid in advance, is a 8% rate. remember the VAT is 22%