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The transactions of the business for jovory or as follows. Make jounal entries and general ledger entries A) on 02.01.2017, goods worth 500 TL
The transactions of the business for jovory or as follows. Make jounal entries and general ledger entries A) on 02.01.2017, goods worth 500 TL including VAT were purchased on 02.01.2017, hold by promissory note and half by cheque. VAT is 18. B) on 03.01.2017, goods with a sales price of 4.000 TL excluding VAT were sold with 2500 TL. Promissory note, the rest and A618 VAT in cash. The cost of goods sold is 3750 TL c) on 05.01. 2017, the fixture, which was previously purchased for TL 2.000 and depreciated by TL 400 until today, was sold in cash for 72 800 excluding #018 VAT. The sale price was transferred to our bank account. o) on 10.01, 2017, goods amounting to 1500 excluding VAT were purchased from Keral Ady and a promissory note of the some amount was endorsed in return E) on 21.04, 2017, a promissory note amounting to TL 2000 02 collected and transfered to our bank account.
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