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Suppose that the company has the following balance sheet at the beginning of the year. Cash and cash eq . 5 0 . 0 0

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Suppose that the company has the following balance sheet at the beginning of the year.
Cash and cash eq.
50.000
\table[[,],[,],[Share capital (1 TL par),20.000],[Additional paid-in capital,12.000],[Retained earnings,18.000]]
1- The company issues 5.000 amount of shares at 1,6TL each.
2- The company invests in shares of ABC company for trading purposes and purchases 2.000 amount of those shares at 1,2TL each.
3- The company invests in shares of XYZ company for non-trading purposes and purchases 1.000 amount of those shares at 0,8TL each.
4- The share price of ABC company drops to 1,1TL.
5- The share price of xYZ company increases to 1,4TL.
6- The company repurchases 2.000 amount of its own shares at 1,8 TL each.
7- The company sells half of the ABC shares at 1,3TL each.
8- The company sells half of the XYZ shares at 1TL each.
9- The company sells half of its own shares at 2 TL each.
10- The company declares 1.000 TL dividends.
Assuming that all relevant transactions are based on cash payments, prepare journal entries (30 points), illustrate the balance sheet (25 points), income statement (15 points) and statement of changes in owner's equity (30 points) at the end of the period.
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