Question
Owners of S company start business giving 600000 in cash and 200000 at bank and 100000 Fixture and Furniture. (Nov., 5) Merchandise is bought for
Owners of S company start business giving 600000 in cash and
200000 at bank and 100000 Fixture and Furniture. (Nov., 5)
Merchandise is bought for 10.000 tl from vendor X. 6.000 tl is paid and by check for remaining amount. (Nov.,6)
6 months rent is paid. Monthly rent is 10.000 tl. (Nov., 7)
Company sells 15.000 tl of merchandise, Customer A pays 8.000, and Customer B pays 7000. Customer A pays 5000 and issues 2000 check. Customer B pays 2000 and gives notes for remaining amount. (COMS: 8000) (Nov., 20)
Paid miscalleneous expense of 75.000. (Nov., 25)
November salaries 3000 TL and paid. (Nov., 27)
Merchandise purchased for 2000 TL by endorsing check. (Nov., 28)
Company withdrAws 50.000 from account at Bank. (Nov., 30) Company paid salaries for December. (Dec., 30)
Depreciation rate: %15.
Please prepare journal entry.
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