These transactions occurred in July 20X9 and they need to be booked in the journal....
90.2K
Verified Solution
Link Copied!
Question
Accounting
These transactions occurred in July 20X9 and they need to be booked in the journal. Pay attention: Does money flow or not? a) 2.7.20x9: Vanda delivers a van of tomatoes to the Consume warehouse, accompanied by an invoice for 12.000 kn, payable in 4 weeks. 3 Date Accounts Debits Credits b) 8.7.20X9: For the past week's work, the harvesters are paid out 7500 kn of wages. c) 12.7.20X9: Vanda has ordered a new delivery van and requested a loan of 200.000 kn at Olipska Banka to pay for it. Today, the loan was approved and the money paid out to Vanda d) 14.7.20x9: Vanda receives an order of pesticides worth 5.600 kn, without which they couldn't grow their premium designer tomatoes. e) 16.7.20X9: Plovdine, another customer, pays their recent tomato shipment of 7.800 kn 0 18.7.20x9: The new delivery van arrives. 195.000 kn are paid to the dealership on delivery, ) 21.7.20x9: Vanda's nephew Sime becomes a partner in the business, investing 500.000 kn in the company h) 27.7.20x9: Vanda pays the pesticides received a few days earlier. 0 31.7.20X9: The bill for utilities (water and garbage collection) for 2.500 kn just arrived
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!
