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3- Mr. Selim has a small market. He is second class merchant and keeping books according to Operating Account Method. At the beginning of 2019,
3- Mr. Selim has a small market. He is second class merchant and keeping books according to Operating Account Method. At the beginning of 2019, he has 1.000kg rice (Bought, November 2018 for 6-TL/kg), In 2019: He bought 2.000 boxes butter, 10-TL/box He paid 300-TL electricity bill each month. He bought 3.000 pieces ice cream, 4-TL/piece He sold 2.000 boxes butter, 13-TL/box He bought 2.000 bags detergent, 30-TL/box He sold 800kg rice, 8-TL/kg He sold 3.000 pieces ice cream, 6-TL piece Apprentice working at the market takes 1.200-TL monthly salary. He sold 1.700 bags detergent, 40-TL/box He bought 4.000kg sugar, 4-TL kg Monthly rent payment is 1.000-TL He bought 2.000 pieces chocolate, 3-TL/piece He sold 4.000kg sugar, 5-TL/kg He bought 4.000 bottles soda, 2-TL/box He sold 2.000 pieces chocolate, 4-TL/piece When he started his business at 2009 he paid 10.000-TL for the shelves. Useful life time of shelves is 7 years. He sold 3.500 bottles soda, 3-TL/box Hint: Don't forget to calculate what is not sold at the end of 2019. Calculate his profit for 2019 according to Operating Account Method. (10 points)
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