Show with journal entries the following events:

1. The company had taken on 1/5/20X6 a six-month bank loan of €1,300 pledged promissory notes with a nominal value of € 1,500. On 31/10/20X6 the company was informed by the bank about the following:

1. The interest on the loan amounted to € 78.
2. In addition to the interest, the bank charged the company with administrative expenses of €
3. Promissory notes with a nominal value of € 1,300 expired and were received as normal.
4. Promissory notes with a nominal value of € 200 expired, were not paid and were returned to the company. The company proceeded to denounce these
5. 1,200 shares of OTE were sold for € 2.5 apiece. The shares were bought for €2 For the sale, the broker of the company charged expenses amounting to€ 30.

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Bank Account 1300 A loan from Bank Account 1300 Interest on Loan Accoun... View the full answer