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1/1 The company HOSTELS, Corp. has carried out the following operations throughout the financial year: 1. The company is founded with: 200,000 deposited in a
1/1 The company HOSTELS, Corp. has carried out the following operations throughout the financial year: 1. The company is founded with: 200,000 deposited in a bank account at the ONATE bank: E 10,000 in cash deposited in cash and an hotel worth 1,000,000 (10% is the value of the land). All this has been financed by the stockholders. 2. HOSTELS acquires a vehicle, paying by bank C 30,000 3. The company acquires a software worth C1,500, being paid in cash through cash. 4. A building is acquired to locate its headquarters for 3,000,000, with 30% corresponding to the value of the land and the rest to building. The building payment will be made within three years. 5. The company buys different machinery worth 45,000, paying 5,000 by bank transfer, and leaving the outstanding amount to be paid within 15 days 6. The debt is paid to the supplier of the machinery, paying 1,000 in cash and the rest by bank transfer. 7. The company withdraws 3,000 in cash from the bank account which is deposited in the cash in the office 8. Furniture worth 6,000 is purchased, accepting a 1-month bill of exchange. 9. When the date arrives, the amount of the previous bill of exchange is paid by bank check. 10. The company requests a loan of 10,000 over 2 years from its bank pending a response from it. 11. The bank grants you the previous loan, the money being deposited in a bank account. REQUIRED: 1. Post the previous operations in the journal and post them to the general ledger 2. Prepare the trial balance
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