Question
MAKE THE NECESSARY JOURNAL ENTRIES FOR THE FOLLOWING TRANSACTIONS... 7. Company X importer of mechanical parts and made a contract for importing $65 000 parts
MAKE THE NECESSARY JOURNAL ENTRIES FOR THE FOLLOWING TRANSACTIONS...
7. Company X importer of mechanical parts and made a contract for importing $65 000 parts on 21.05.2020 and transferred by bank $10 000 as an advance. With a parity of 7.40 TL/USD. Merchandise is cleared from custom on 28.05.2020 with a parity of 7.60 TL/USD. Purchase Balance to be paid within 30 days. VAT paid to customs is 24 000 TL. Customs Consultant invoice is 36,000 + 10% VAT is on the account.
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Internal Audit Quality Developing A Quality Assurance And Improvement Program
Authors: Sally-Anne Pitt
1st Edition
1118715519, 978-1118715512
