Question
What will be the total change in the foreign resources of the enterprise as a result of the following transactions? (An accounting record is not
What will be the total change in the foreign resources of the enterprise as a result of the following transactions? (An accounting record is not required, it is sufficient to show the change numerically, for example +5.000 TL or -5.000 TL, by showing the direction of the change, or as no change (0), in the table below.)
Transaction 1: 10,000 TL loan from the bank to be used for business, salary payments and daily cash needs has received.
Transaction 2: The entity purchased the fixtures amounting to TL 15,000 by making a cash payment.
Transaction 3: 10,000 TL was collected from the customer for whom the service was provided and invoiced last month.
Transaction 4: The company purchased a new computer amounting to TL 1,500 and issued a 60-day maturity note in return.
Change in Foreign Resources Transaction 1 Transaction 2 Transaction 3 Transaction 4 TotalStep by Step Solution
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