Question
The owner MR. X invested 15.000.000 TL for capital in cash. (April, 1) An agreement was made with the local bank and the credit in
The owner MR. X invested 15.000.000 TL for capital in cash. (April, 1)
An agreement was made with the local bank and the credit in the amout of 5.000.000 TL was drawn in cash. (April, 2)
Purchased a car for 5.000.000 in cash. (April, 3)
Office equipment was purchased on account for 800.000 TL from L. (April, 7)
A truck was purchased for 3.000.000 TL in cash. (April, 18)
The debt to L Corporation was paid in cash. (April, 19)
The car was sold to M Company for 5.000.000 in cash. (April, 21)
The owner purchased a new equipment costing 2.000.000 issuing notes from Z company to use in company. (April, 23)
The truck is sold for 3.000.000 in cash to D company. (April, 25)
500.000 TL was paid to Z Corporation. (April, 30)
Please can you show me the journal entry?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started