On May 1, 2017, Mohammed Faith established a new car company that was organized as a single proprietorship. Faith invested 150,000 TL cash in the new company and deposited it in a bank account opened under the name of Faith Car Company. Transaction 1.

On May 2, Faith Car Company used 20,000 TL of its cash to purchase store supplies. Transaction 2.

On May 3, Faith spent 90,000 TL to buy computer equipment. Transaction 3.

On May 4, Next, Faith decided that the business needed more store supplies and additional computer equipment. The items to be purchased would have a total cost of 38,400 TL Because these purchases would use almost all Faith Car Company cash. Faith arranged to purchase them on credit from Khaled Supply Company, that is Faith Car Company took delivery of the items in exchange for a promise to pay for them later. The supplies cost 12,400, the computer equipment cost 30,000 TL, and the total liability to Khaled Supply is 38,400 TL. Transaction 4.

On May 10, Faith Car Company provided bookstore services to a customer and collected 9,800 cash. Transaction 5

On May 10, Faith Car Company paid 7,000 TL rent to the owner of the building in which its store is located. transaction 6

On May 12 Faith Car Company paid the 5,800 TL salary of the company's only employee transaction 7

On May 15, assume that Faith Car Company provided Car Company services for a customer and billed that customer 9,800 TL. in Transactions 8

On May 20, Ten days later, the customer paid Faith Car Company the full 9,800 TL in transaction 9.

On May 24. In transactions 10, Faith Car Company paid 7,600 TL to Khaled Supply Company. Transaction 10.

On May 31, Faith Car Company PAD 6,600 TL to Mohammed Faith to use for personal living expenses. Transaction 11.

Required:

A. Accounting Equation/Accounting Table

B. Balance Sheet

C. Income Statement

D. Statement of Cash Flows

E. General Journal

F. Ledger T-Accounts

G. Trial Balance.