AB Tic. and San. Legal procedures for the establishment of Koll.ti with a capital of 10.000 TL
Question:
“AB Tic. and San. Legal procedures for the establishment of Koll.Şti with a capital of 10.000 TL have been completed. The capital commitment of Partner A, one of the shareholders of the company, has been fulfilled by signing cash for 2,000 TL, check for 500 TL and the rest by signing bills. Partner B, on the other hand, invested half of his capital commitment in the company's “A Bank” account, endorsed deed for ¼, and the same value for the remaining amount, “DEF Tic. and San. A.Ş. 's shares have been transferred to the company. 500 TL + 18% VAT, which constitutes the establishment expense, has been paid by Partner A, and then this amount has been paid to the partner in exchange for a document. Make the necessary accounting records according to this information.
Accounting and auditing research tools and strategies
ISBN: 978-1118027073
8th edition
Authors: Thomas Weirich, Thomas Pearson, Natalie Tatiana