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On July 5, Turkmenier Company recorded purchases of merchamdie inverter on account, 12.960TL including value added tax of 8%. On July 1S, TUrkmenier Company Nourie

On July 5, Turkmenier Company recorded purchases of merchamdie inverter on account, 12.960TL including value added tax of 8%. On July 1S, TUrkmenier Company Nourie a sales of merchandise inventory on account 29,160TL. including value acided tax Of g Requirements (Use Turkish account names) 1. Joumalize the transaction to record the sale on July 5 2. Jouralize the transaction to record the sale on Jujy 1S. (gnere cast ef gends seld. 3. Do necessary calculation and journalize VAT record on July31.

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