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6- Suppose that a company is established with zero cash on 01.01 .2022 and the following transactions occur in 2022. The company sells an inventory

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6- Suppose that a company is established with zero cash on 01.01 .2022 and the following transactions occur in 2022. The company sells an inventory at a price of 70.000TL. The cost of the inventory is 45.000TL. The company receives 22.000 TL cash payment and a 2.400 USD check at the time of the sale when 1 USD =20TL. At the maturity date of the check, USD appreciates to 22TL and the company immediately clears the check to its bank. In a physical count towards the end of the year, cash count shows 18.000TL, which does not agree with the "cash" balance in the books. Unfortunately, the company cannot find the reason of the mismatch in any case despite investigations. Assuming that there are no more transactions throughout the year, what would be the net profit or loss for that year? a) 27.000TL loss b) 25.800TL profit c) 33.800TL profit d) 19.000 TL loss

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