The remainder of the income statement accounts at the end of the 202nd year of our business are as follows: Remaining Receivable of 600 Domestic Sales Account: 750,000 TL Remaining Receivable of 601 Foreign Sales Account: 280.000 TL 621 Cost of Goods Sold Account Debit: 490.000 TL 632 General Administrative Expenses Account Debit Remaining: 75.000 TL 642 Interest Income Hs. Remaining Account Receivable: 40.000 TL Remaining Receivable of 649 Other Ordinary Income and Profits Account: 20.000 TL Debt Remainder of 660 Short-Term Borrowing Expenses Account: 66.000 TL
The remainder of the income statement accounts at the end of the 202nd year of our business are as follows: Remaining Receivable of 600 Domestic Sales Account: 750,000 TL Remaining Receivable of 601 Foreign Sales Account: 280.000 TL 621 Cost of Goods Sold Account Debit: 490.000 TL 632 General Administrative Expenses Account Debit Remaining: 75.000 TL 642 Interest Income Hs. Remaining Account Receivable: 40.000 TL Remaining Receivable of 649 Other Ordinary Income and Profits Account: 20.000 TL Debt Remainder of 660 Short-Term Borrowing Expenses Account: 66.000 TL
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter4: Accounting For Retail Operations
Section: Chapter Questions
Problem 4.2MBA: Sales transactions Using transactions listed in P4-2, indicate the effects of each transaction on...
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The remainder of the income statement accounts at the end of the 202nd year of our business are as follows:
Expenditures that are not legally accepted are 36.000 TL, tax exempt income is 15.000 TL, and the corporate tax rate is 22%. How much is the Distributable Profit of the Business?
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