Question
a theater built for a customer in France architectural firm has projects in Turkey draw. The project cost is 10.000 Euro + VAT 1.500 Euro.
a theater built for a customer in France architectural firm has projects in Turkey draw. The project cost is 10.000 Euro + VAT 1.500 Euro. The project will be implemented in France. At the time the invoice is issued to the customer in France, 1 Euro = 8 TL. Accordingly, which of the following is true about the accounting record that should be done?
Select one: 120 Buyers 80.000 TL debtor, 601 International Sales 80.000 TL creditor 120 Buyers 92.000 TL debtor, 601 International Sales 80.000 TL creditors, 191 VAT deductible 12.000 TL creditors 120 Buyers owed 92.000 TL, 601 International Sales 92.000 TL creditor 120 Buyers 92.000 TL debtor, 601 International Sales 80.000 TL creditor, 391 Calculated VAT 12.000 TL creditor
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started