mian Plc is a merchandise company that supplies technological goods to resellers. Its adjusted trial balance dated 31 December 2023, where accounts are reported in alphabetical order, is presented below.   ADJUSTED TRIAL BALANCE - 31.12.2023 (Values in €) DEBIT CREDIT Accounts payables   62,700 Accounts receivables 405,500   Accumulated depreciation: equipment   207,500 Capital stock   875,000 Cash 405,300

On June 10, 2016, PT A selling merchandise on credit to PT B with a transaction value of Rp 33,000,000 (including VAT 10%). On 15 June 2016, PT B made a payment of 60% and the remaining 40% was paid on 25 June 2016. Requested:a. Keep a sales journal and payment receipt at PT A!b. Keep a journal of purchases and payments at PT B if VAT can be credited!c. Keep a journal of purchases and payments at PT B if VAT cannot be credited!

Valley Company’s adjusted trial balance on August 31, 2015, its fiscal year-end, follows.         Debit     Credit     Merchandise inventory   $ 38,000           Other (noninventory) assets     152,000           Total liabilities         $ 43,890     K. Valley, Capital           125,585     K. Valley, Withdrawals     8,000           Sales           259,920     Sales discounts     3,977           Sales returns and allowances     17,155           Cost of goods sold     100,577           Sales salaries expense     35,609           Rent expense—Selling space     12,216           Store supplies expense     3,119           Advertising expense     22,093           Office salaries expense     32,490           Rent expense—Office space     3,119           Office supplies expense      1,040                           Totals   $ 429,395   $ 429,395                       On August 31, 2014, merchandise inventory was $30,666. Supplementary records…

AB Ltd. has MCC has prepared the Income statement including the following data (all sales are on account): Sales $80,000 Cost of Goods Sold Gross Profit Expenses Net Profit $50,000 $ 25,000 $ 10,000 $15,000 The comparative balance sheet shows the following data (by definition, accounts payable relates to merchandise purchases only): End of Year Beginning of Year Accounts Receivables (net) Inventory Prepaid Expenses Accounts Payable $7,000 $3,000 $2,000 $1,140 $5,280 $2,000 $1,000 $1,500 Required 1: What is the amount of Cash received from Customers? $ Required 2: What is the amount of Cash paid for merchandise purchase? $