The following transactions occurred during April for LAW company. (assume VAT is included at 18%) April 3 Purchase of merchandise inventory on account 20.886 TL Sold merchandise inventory to a customer for cash 104.430 TL April 10 Required: a. Prepare the journal entries for the above transactions (assuming the VAT rate as 18%). b. Determine the VAT to be paid or carried forward to the next VAT period, and prepare the journal entry on May 25. Date Account Debit Credit I