3 Hola Tourism, Inc. is a cosmetics wholesale company. The company's February 2022 transactions are...

60.1K

Verified Solution

Question

Accounting

image

3 Hola Tourism, Inc. is a cosmetics wholesale company. The company's February 2022 transactions are below. (Total 50 points) 1. Record the General Journal Entriees ( 10 pt for each, total 40 points). 2. Record the Ledger Accounts ( 10pt). 7 March - The company started the business with 100.000 TL cash, and 100.000TL in its bank account. 9 March - Company purchased goods for 50.000TL from Lotus Inc. and paid the amount half bank transfer and half on account. 15 March - The Company bought a vehicle that is worthed 1.000.000 TL via bank credit. 23 March- The Company bought equipment for 120.000TL in cash

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students