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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…TAMOGEPA Credit Cooperative transacts business with members and non-members. It had the following receipts during the month: Interest income from members P 210,000.00 Rent income from properties 50,000.00 Compute the amount subject to business tax a. P0 . b. P 50,000 c. P 210,000 d. P 260,00017. The following deductions are made from the salary of an employee. DEDUCTIONS Income tax 35%National housing 2%Education tax 1% What is the total amount which should be deducted from her employee’s salary $1 800 per month? A. $486B. $648C. $684D. $846
- 7 - Our company purchased a photocopy machine for 100.000 TL, excluding 18% VAT, to be used in administrative works. In addition, the assembly cost of this machine is 8.000 TL excluding 18% VAT and this amount will be added to the cost price. Our company paid 19.440 TL from the bank account and the remaining amount by issuing a check to the relevant supplier company. Which of the following is the accounting record of this transaction?A man borrows $3 000 from a credit union. Each monthhe is to pay $100 on the principal. At the same time, healso pays interest at the rate of 3/4% per month on theunpaid balance at the beginning of the month. What is thetotal payment required at the end of the first month? a. $112.50 b. $115.00 c. $115.25 d. $122.25 e. None of the choices is correct.chennai geleives 102 500 yor. Zakania Staying at pig .as basic Salary emplayément y 1500 P.M as DA providad terms and 4%. Commissi'on on -larnover achived by him. He B pald as HRA Oi The larnover autieved by him fo 15 lakhs. louse rent paid by Salany 1800 PiM the year Is bim is Q 500 p.N tle gecer'ved advan ee 9 delating -1o Apoil t olodd Deteamine lorakle HRA 50000. in yarch 20dd Jally
- TJ made a loan of $16,000 to one of the company's employees on April 1, year 1. The one year note carried a 6% rate of interest. What is the amount of interest revenue that Rosewood would report in Year 1? A. $720 B. $0 C. $240 D. $9607) Our company operating in the food sector rented the van belonging to the business on 01.12.2021 for 2 months with a monthly rental price of 3.000 TL + 10% VAT. Total rental fee and VAT amount were collected in cash. Record the relevant journal (daily book).10.1 Mega Co receives rent for subletting part of its office block. Rent, receivable quarterly in advance, is received as follows: Date of receipt Period covered 24 1 October 20X1 3 months to 3 months to 31 December 20X1 7,500 7,500 9,000 9,000 9,000 30 December 20X1 31 March 20X2 4 April 20X2 1 July 20X2 1 October 20X2 3 months to 30 June 20X2 3 months to 30 September 20X2 31 December 20X2 3 months to What figures, based on these receipts, should appear in Mega Co's financial statements for the year ended 30 November 20X2? Statement of profit or loss Statement of financial position Rent in arrears (DEBIT) $3,000 Rent received in advance (CREDIT) $6,000 $34,000 DEBIT $34,500 CREDIT $34,000 CREDIT $34,000 CREDIT C Rent received in advance (CREDIT) $3,000 Rent in arrears (DEBIT) $3,000
- At the end of March, account balances are: 190 Def. VAT: 20.000 TL. 191 Ded. VAT: 30.000 TL, 391 Rec. VAT: 60.000 TL. How much is the Tax (VAT) Payable? a. 30.000 TL b. 60.000 TL c. 10.000 TL d. 20.000 TLMr. Diretso is concurrently employed at Cumaliua Corporation and Cumanan Corporation. He received the following during the month:Compute for the VAT to be paid a. ₱0 b. ₱7,440 c. ₱9,643 d. ₱10,8006) Our company rented a store with a monthly rent of 5.000 TL on 27.01.2021 and transferred the rental amount from the account of Garanti Bank Kadıköy Branch to the account of the store owner by deducting 20% withholding tax. Record the relevant journal (daily book).