Question
Ch 3: DOUBLE PART Box1 STATES A company is created on January 1 N with the following contributions: - Cash contributions of 10,00,000 Its activity
Ch 3: DOUBLE PART Box1 STATES A company is created on January 1 N with the following contributions: - Cash contributions of 10,00,000 Its activity will consist of buying exhaust pipes from industrial manufacturers cars and reselling them to garages. Draw up the balance sheet of the creation of this company: ASSETS BALANCE SHEET TOTAL TOTAL On January 5, it engages in the following operations: - She buys 500 exhaust pipes at the price of cash rule. - She buys a cash register for 2,000 which she will pay for in 90 days. - She resells the 500 exhaust pipes she has just bought at the price unit of 800 . Payment is expected in 90 days. - She buys 700 exhaust pipes again at the price of which she will settle in 90 days. - She buys a printer for 1,000 which she pays in cash. - She resells the 700 exhaust pipes she has just bought at the price unit of 800 . Payment takes place in cash. N-B: All figures are exclusive of VAT, we will not consider VAT. Draw up the accounts of the company after each operation: After the purchase of 500 exhaust pipes
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