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A company has among its executives an excellent negotiator who bought stocks at the counted in MM $ 10 + VAT, which have a market

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A company has among its executives an excellent negotiator who bought stocks at the counted in MM $ 10 + VAT, which have a market price of MM $ 12 + VAT. Which of the The following records that the company should make in accounting is (are) TRUE ?: 1. A charge to Inventories for MM $ 10 and a credit to Retained Earnings for MM $ 2. II. An increase in the stock account for Ch S 14.28 million and a cash payment for the same amount. III. A charge to the VAT account for MM $ 1.9 and a charge to expense for MM $ 10. NOTE: VAT is 19%. Or Solo Solo !! Or they are all false Only O Oheill A company X negotiates with customer A, the following form of payment in cash for the products that will deliver in 1 month more: 40% in advance and 60% against the delivery of the products. The company A accepts the conditions and pays, what the selling company X correctly records in your accounting. When Company X delivers the products to the customer and receives payment, it should make an accounting record affecting the following accounts (assume perpetual method): Cash, Stock, Cost of Sales Cash, Inventories, Sales Income, Cost of Sales. O Cash, Inventories, IPPA. Sales Income. Cost of Sales O Cash, Inventories, Sales Income, IPPA Cash, Inventories, IPPA. Cost per Sales The owner of the company "What is yours is mine and what is mine is mine" wants to contribute $ 1 million in cash and has at least three ways to do it: Capital contribution, Loan or Donation. The effect in company accounting is as follows: 1) Capital Contribution: Increases cash and equity II) Loan: Increase cash and liabilities III) Donation: Increases cash and equity IV) No matter the form, there is no effect because he is the owner of the company Please indicate which one (s) is (are) correct. Solo IV Sob o Only Soblandin o Only Lland

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