(= Colones)

Next, make the appropriate journal entries.

BLUE DIAMOND (26 points)

The transactions carried out by DIAMANTE AZUL S.A. are detailed below. dedicated to the car cleaning service, during the first month of operations in 2021, you are asked to make a journal entry for each of them. Increase BANK accounts and VAT. (6 points)

You must consider the 13% VAT rate for all transactions.

01. MARCH The company is created with the cash contribution of three partners, who contribute 500,000 each and is registered in the name of the company with the contribution of the partners, an account is opened in the bank for the deposit of the money. (3 points)

MARCH 2. Cancel via bank transfer the rent of the commercial premises (necessary for the activity) for the month for 275,000, plus VAT. (3 points)

04.MARCH Office furniture was purchased for 180,000 plus VAT. Half was paid by writing a check and the remainder must be paid within 30 days. (3 points)

MARCH 5. He pays for an advertisement in the newspaper to promote his services, for which he paid 150,000 which includes the corresponding VAT. (3 points)

MARCH 10TH. Office supplies were purchased in cash for 56,000 plus VAT and chemicals such as washing supplies (material necessary to carry out the activity) for 163,000 plus VAT. (3 points)

MARCH, 15TH. A quote was sent to the nearby company to provide washing services for the company's units for an amount of 135,000, which includes the corresponding VAT.

MARCH 16. Services provided in the first fortnight are invoiced for an amount of 750,000 plus VAT, 60% in cash and the rest invoiced on credit. (3 points)

MARCH 20. He received payment of 200,000 for his services on credit on the 16th. (3pts)

MARCH 24TH. Invoice counting the services of the second fortnight for 950,000 including the corresponding VAT. (3 points)

MARCH 26TH. Cancellation by bank transfer, monthly salaries of 550,000. (3 points)

28TH MARCH. Public service receipts (necessary to carry out the activity) are recorded for 37,500 plus VAT, which will be paid in the coming months. (3 points)

MARCH 30TH. The VAT for the Month is settled, which will be paid on the 15th of the following month. (3 points)