On July 12, The business sold 1.200 shares of ABC Holding at a price of 2,25 TL each (unit purchase price was 2,50 TL), 50 TL commission was charged for the transaction and the receipts were deposited to the bank account of the business. a. 2.950 TL debit to 102-Banks; 50 TL debit to 653-Com. Expense; 300 TL debit to 655 MS Cap. Loss and 3.300 credit to 110-Stocks O b. 2.650 TL debit to 102-Banks; 50 TL debit to 653-Com. Expense; 300 TL dedit to 655 MS Cap. Loss and 3.000 credit to 110-Stocks O c. 2.950 TL debit to 102-Banks; 50 TL debit to 653-Com. Expense and 2.700 credit to 110- Stocks; 300 TL credit to 655 MS Cap. Loss; O d. 2.650 TL debit to 102-Banks; 50 TL debit to 653-Com. Expense; 300 TL debit to 645 MS Cap. Gain and 3.000 credit to 110-Stocks
On July 12, The business sold 1.200 shares of ABC Holding at a price of 2,25 TL each (unit purchase price was 2,50 TL), 50 TL commission was charged for the transaction and the receipts were deposited to the bank account of the business. a. 2.950 TL debit to 102-Banks; 50 TL debit to 653-Com. Expense; 300 TL debit to 655 MS Cap. Loss and 3.300 credit to 110-Stocks O b. 2.650 TL debit to 102-Banks; 50 TL debit to 653-Com. Expense; 300 TL dedit to 655 MS Cap. Loss and 3.000 credit to 110-Stocks O c. 2.950 TL debit to 102-Banks; 50 TL debit to 653-Com. Expense and 2.700 credit to 110- Stocks; 300 TL credit to 655 MS Cap. Loss; O d. 2.650 TL debit to 102-Banks; 50 TL debit to 653-Com. Expense; 300 TL debit to 645 MS Cap. Gain and 3.000 credit to 110-Stocks
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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