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The following events occurred in Balk A. during the first month of its operations: Oct.1 Mrs. Balk invested 250,000 TL. cash in her business Oct.5

The following events occurred in Balk A. during the first month of its operations:

Oct.1 Mrs. Balk invested 250,000 TL. cash in her business
Oct.5 Purchased equipment for 20,000 TL cash
Oct. 8 Rented an office space for 1,000 TL per month and prepaid the rent for two
years in advance.
Oct.11 Purchased supplies on account for 18,000 TL
Oct. 12 Performed service for a client for 30,000 TL on account
Oct.14 Paid 9,000 TL for the supplies purchased on account on Oct.11
Oct.20 Received half of the payment (15,000 TL) from the client who purchased
on account on Oct.12
Oct.23 Received cash of 5,000 TL. in advance for services to be performed next month
Oct.25 Paid salaries for employees, 12,000 TL. and advertising expense of 8,000 TL
Oct. 30 Borrowed 20,000 from a bank by signing a note

a. Journalize the above transactions for the Balk A.. Use the relevant account titles and proper journal format

b. Post journal entries to the -t-accounts and determine the ending balances of the accounts.

c. Prepare the trial balance of Balk A..

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