Question
Journalize the following transactions: November 1, 2020 Purchased merchandise worth TL 220.000; 5/10; n/30. November 3, 2020 Returned TL 44.000 of merchandise purchased. November 6,
Journalize the following transactions:
November 1, 2020 | Purchased merchandise worth TL 220.000; 5/10; n/30. |
November 3, 2020 | Returned TL 44.000 of merchandise purchased. |
November 6, 2020 | Sold merchandise for TL 110.000, 5/10; n/30, Cost of the merchandise sold was TL 88.000. |
November 8, 2020 | Our customer returned the %10 of merchandise sold on November 6, 2020. |
November 9, 2020 | Paid for the merchandise purchased on November 1, 2020. |
November 15, 2020 | Received payment for the merchandise sold on November 6, 2020. |
Required: Journalize the following transactions of Company A for the month of November 2020. Please ensure that you write all the necessary journal entry items below the necessary date.
(Use "." as thousand denominator. e.g. write 1.000 not 1,000 or 1000)
November 1, 2020: Debit account ..... is ..... worth of .
Credit account ...... is ...... worth of .
November 3, 2020: Debit account ......... is ....... worth of .
Credit account ......... is ......... worth of .
November 6, 2020 (2 different journal entries): Debit account .......... is .......... worth of .
Credit account ........ is ...... worth of .
Debit account ........ is ......... worth of .
Credit account ......... is ........ worth of .
November 8, 2020 (2 different journal entries):
Debit account ......... is ............ worth of .
Credit account ........ is......... worth of .
Debit account ......... is ......... worth of .
Credit account ............... is ........ worth of .
November 9, 2020 (2 credit accounts):
Debit account ........... is ............. worth of .
Credit account ............ is ........... worth of .
Credit account ............. is ................ worth of .
November 15, 2020 (2 debit accounts):
Debit account ............ is .......... worth of .
Debit account ........... is ........... worth of .
Credit account ........... is ............. worth of .
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