With the invoice number 18, 18% VAT excluded commercial goods of 40.000 TL were sold with a credit card. A.Ş, which is in the portfolio of the enterprise, a commission of 250 TL was paid to the intermediary institution. The company rented a shop with a monthly rent of 5,000 TL to be used as a store, and a one-year rent was paid. 80,000 TL severance pay was paid for those working in accounting. The enterprise purchased a plot of land with an investment of 150,000 TL, and 1,250 TL title deed costs and fees were paid. A commercial vehicle was purchased with four school bank loans for 180,000 TL excluding 18% VAT, and 1,500 TL was paid for trading. In the accounting department, a total of 200 TL, excluding 18% VAT, was purchased with 10 credit cards. A fixture with a settlement of 12.000.-TL in its assets is being renewed and sold in cash for 18% VAT 6.000.-TL. Microsoft Office software for 5 users was purchased for 4,000.-TL excluding 18% VAT. Up to 10,000 TL will be paid from the buyers, with a letter written at the place where it is past due. It has not been paid twice. 2.000 TL will be paid for the receivable. It is reserved for goods whose value has decreased. The ornamental pool built in the factory garden has been activated Make the accounting entries. The value for the passenger car is 80.000 TL at the rate of 20% (Product depreciation) (used in vehicle management)

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 11RE: On December 1 of the current year, Jordan Inc. assigns 125,000 of its accounts receivable to...
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With the invoice number 18, 18% VAT excluded commercial goods of 40.000 TL were sold with a credit card.
A.Ş, which is in the portfolio of the enterprise, a commission of 250 TL was paid to the intermediary institution.
The company rented a shop with a monthly rent of 5,000 TL to be used as a store, and a one-year rent was paid.
80,000 TL severance pay was paid for those working in accounting.
The enterprise purchased a plot of land with an investment of 150,000 TL, and 1,250 TL title deed costs and fees were paid.
A commercial vehicle was purchased with four school bank loans for 180,000 TL excluding 18% VAT, and 1,500 TL was paid for trading.
In the accounting department, a total of 200 TL, excluding 18% VAT, was purchased with 10 credit cards.
A fixture with a settlement of 12.000.-TL in its assets is being renewed and sold in cash for 18% VAT 6.000.-TL.
Microsoft Office software for 5 users was purchased for 4,000.-TL excluding 18% VAT.
Up to 10,000 TL will be paid from the buyers, with a letter written at the place where it is past due. It has not been paid twice. 2.000 TL will be paid for the receivable.
It is reserved for goods whose value has decreased.
The ornamental pool built in the factory garden has been activated
Make the accounting entries.
The value for the passenger car is 80.000 TL at the rate of 20% (Product depreciation) (used in vehicle management)

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