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can someone solve the whole thing and send me the answer II. Transactions during the period: - 1.1.2020: The firm purchased goods IT (VAT excluded).
can someone solve the whole thing and send me the answer
II. Transactions during the period: - 1.1.2020: The firm purchased goods IT (VAT excluded). In return, ) T check, and promissed to pay the remaining within 2 months. - 2.1.2020: The business made sales of ( ) TL (VAT excluded). In return, 1 cash, TL check, and the customer promissed to pay the remaining within 5 months. -4.1.2020: A customer ordered commercial goods ( IT (VAT included). In return T L. ( ITL was paid in advance. The goods ordered were delivered to the firm 1 day later. The customer promised to pay the remaining amount within 3 months. - 7 1.2020: The business rented a building. A check in the amount of i TL was given to the office owner. Half of the check given was counted as rent and the remainder as a deposit. It was promised a commission equal to the rental price to the real estate agent one month later. -9 1.2020: The firm bought THY Co.1 TL commion stocks, the unit price is (O T. The amount has been paid by the Bank and 0.3% commission expense has been paid. - 10.1.2020: A furniture I TL was ordered (VAT included). with an advance payment of ( .)TL (VAT included). The ordered fixture was delivered the next day. The remaining amount was promised to be paid in 15 monthly equal installments. (payment day is the 5 th of each month ). - 13.1.2020: THY Co. 1 1 common stocks were sold, the unit price was ( ) TL. and 0.3% commission expense was paid. -15.1.2020: ( ) Tl rental expense has been paid in advance for this year. REQUIREMENTS: 1. Write your own amounts in the spaces in parentheses in the questions (10 points) 2- Prepare the beginning balance sheet (20 points) 3. Make the journal and ledger entries (50 points) 4. Prepaire the monthly trial balance (15 Points) II. Transactions during the period: - 1.1.2020: The firm purchased goods IT (VAT excluded). In return, ) T check, and promissed to pay the remaining within 2 months. - 2.1.2020: The business made sales of ( ) TL (VAT excluded). In return, 1 cash, TL check, and the customer promissed to pay the remaining within 5 months. -4.1.2020: A customer ordered commercial goods ( IT (VAT included). In return T L. ( ITL was paid in advance. The goods ordered were delivered to the firm 1 day later. The customer promised to pay the remaining amount within 3 months. - 7 1.2020: The business rented a building. A check in the amount of i TL was given to the office owner. Half of the check given was counted as rent and the remainder as a deposit. It was promised a commission equal to the rental price to the real estate agent one month later. -9 1.2020: The firm bought THY Co.1 TL commion stocks, the unit price is (O T. The amount has been paid by the Bank and 0.3% commission expense has been paid. - 10.1.2020: A furniture I TL was ordered (VAT included). with an advance payment of ( .)TL (VAT included). The ordered fixture was delivered the next day. The remaining amount was promised to be paid in 15 monthly equal installments. (payment day is the 5 th of each month ). - 13.1.2020: THY Co. 1 1 common stocks were sold, the unit price was ( ) TL. and 0.3% commission expense was paid. -15.1.2020: ( ) Tl rental expense has been paid in advance for this year. REQUIREMENTS: 1. Write your own amounts in the spaces in parentheses in the questions (10 points) 2- Prepare the beginning balance sheet (20 points) 3. Make the journal and ledger entries (50 points) 4. Prepaire the monthly trial balance (15 Points)Step by Step Solution
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