2. On July 5, Trkmenler Company recorded purchases of merchandise inventory on account, 12,960TL including value added tax of 8%. On July 15, Trkmenler Company recorded a sales of merchandise inventory on account 29,160TL including value added tax of 8%. Requirements Vote: Do the journal entries regarding the Turkish accounting system a) Journalize the transaction to record the sale on July 5 . b) Journalize the transaction to record the sale on July 15 . Ignore cost of goods sold. c) Do necessary calculation and journalize VAT records on July 31 and payment (if it is needed) on August 25