amounts balances accounts debit credit debit credit 100-cash on hand 250.000 210000 40000 0 110- shares 30000 0 30000 0 121-notes receivable 350000 300000 50000 0 153-merchandise 290000 190000 100000 0 191-vaat deductible 45000 10000 35000 0 252-buildings 480000 0 480000 0 257- accumulated depreciation 0 80000 0 80000 320-accounts payable 190000 280000 0 90000 360-taxes and fund payable 10000 10000 0 0 391-vat collected 20000 60000 0 40000 500- capital 0 500000 0 500000 600-sales 0 350000 0 350000 621-cost of merchandise sold 190000 0 190000 0 649-other ordinary revenues and profits 0 4000 0 4000 679-orher extra 0 6000 0 6000 760-marketing selling 55000 0 55000 0 770- general 90000 90000 0 total 2000000 2000000 1070000 1070000 show hournal entries and prepare indicated statements for the following transactions and other data. trial balances and ledger(t)accounts are not required but you can open some T accounts if you need. f you don't remmeber the code number of an included in the trial balance above just use its name. 1. value-added tax accounts are closed at the end of november 2.the building was sold for 450000 cash on december 8,2022 3.the amount in the account 110-shares represents purcahsing cost of 10000 shares of x corpartion bought 2 months ago.Nominal value of each share is 1. in december x corparion declared and paind 60% dividend from its last year's profit. Atlm trading collected its share of dividend in cash on december 15,2022. this collection is to be recorded. 4.value added tax is pait to goverment on december 25,2022 5.The company uses periodic inventory method. the cost of the merchandise counted in the storeroom on demeber 31,2022 is 20000.based on this , cost of merchandise sold is calculated and recorded. 6.discount calculated on notes receivable at the en of 2022 is 2000. 7.20000 of general administrative costs is the rent of the first two months(jan. and feb.) of the next year (2023) preoaid in the current year (2022).adjusting entry is required. 8.costs are transferred to income statement(expense) accounts. 9classified income statement for ther 2022 is prepared 10.accounts to be closed before balance sheet are closed. 11. Year-end (december 31,2022)classified balance sheet is prepared. Question-solve this problem with this 1-11 introduciton