Hakan Atsev, a professional rider,operates Atsev shop near a riding school. At the begining of the year 2017, atsev shop had the following balances; Cash Inventory 5000TL 7000TL A/C payable 5000 TL 7000TL Capital The following transactions were completed during jonuary; 05.01-> purchased riding equipment on account from a manufacturer, 32000 TL terms, 2/10,n/30 07.01-> paid freight amount of 150 TL on January 05 purchased 09.01-> returned part of merchandise to the manufacturer and received credit 200 TL 10.01-> sold merchandise on accounting to customers 1800 TL terms n/30. Cost of merchandise was 1130 TL 12.01-> purchased riding boots and other outfit on account from spor to sportswear 1320 TL term 1/10,n/30 14.01-> paid the manufacturer of January 05 purchase 17.01 ->returned same merchandise on account, 1400 TL terms n/30 cost of merchandise was 1050 TL 21.01-> a customer returned same merchandise 60 TL cost of merchandise was 40 TL 30.01-> sold merchandise for cash 1200 TL cost of merchandise was 1000 TL 30.01 ->customers paid 2200 TL.