MAKE THE NECCESSARY JOURNAL ENTRIES FOR THE FOLLOWING TRANSACTIONS 4) Bank Credit Memorandum states that , 95.000 TL issued check is collected from the Bank. 5) 24 month rent contract, Starting 1st April 2020 is signed for 384.000 TL. Prepayment is made by half check and half note issued, 6) 25.000 USD is paid ( cash ) by the customer for USD Merchandise sale . Rate is 7.15 TL/USD.
MAKE THE NECCESSARY JOURNAL ENTRIES FOR THE FOLLOWING TRANSACTIONS 4) Bank Credit Memorandum states that , 95.000 TL issued check is collected from the Bank. 5) 24 month rent contract, Starting 1st April 2020 is signed for 384.000 TL. Prepayment is made by half check and half note issued, 6) 25.000 USD is paid ( cash ) by the customer for USD Merchandise sale . Rate is 7.15 TL/USD.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter17: Accounting For Notes And Interest
Section: Chapter Questions
Problem 3CE
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Question
MAKE THE NECCESSARY
TRANSACTIONS
4) Bank Credit Memorandum states that , 95.000 TL issued check is
collected from the Bank.
5) 24 month rent contract, Starting 1st April 2020 is signed for
384.000 TL. Prepayment is made by half check and half note issued,
6) 25.000 USD is paid ( cash ) by the customer for USD Merchandise sale .
Rate is 7.15 TL/USD.
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