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letme Fakltesi
ACC-2013-3
Prof.Dr.Gksel Ycel
YELLOW-BLACK RENT A CAR
On March 1, 2012, S.Yellow and S.Black organized a business called Yellow-Black Rent !ar.
"uring March, the co#$an% entered into &ollowing transactions'
March 1( )ach $artner de$osited * 100,000 cash in a bank account in the na#e o& the business.
2( +urchased , cars and one truck, * 1-0,000. +aid * .0.000 cash and issued a note $a%able &or
* 110,000.
/( Rented an o&&ice and $aid #onthl% rent, * 2,000.
/( +aid &or the ad0ertise#ents, * 1,.00.
1( +urchased o&&ice &urniture, * ,,000, &or cash.
.( !ash recei0ed &or the cars rental, during the &irst week o& March, * 2,000.
.( +aid * 1,000 &or gasoline and #aintenance o& the cars.
-( Rented the truck to 3ega !o#$an% &or three weeks and recei0ed * 2,/00.
11( Recei0ed a bill &or the #aintenance o& a car, * /,000.
11( Rental re0enue o& the cars, &or the second week o& March, * 1,000. Recei0ed /,,00 &or cash
and the re#aining a#ount will be collected within two weeks.
22( Recei0ed a bill &or gasoline, * 2,200.
22( Rental re0enue recei0ed &or cash, * ,,400.
2/( !ollected * 1,000 o& the accounts recei0able recorded on March 11.
21( +aid * ,0,000 &or the note, signed on March 2.
22( Sold one o& the cars &or * /1,000. Recei0ed * 20,000 cash. 5he balance will be collected in
$ril. 5his car was $urchased &or * /0,000 on March 2.
/0( +aid * ,,100 &or ad0ertising #aterial.
/1( +aid secretaries salar%, * ,,000.
+ro&."r.Musta&a . %san
6.7. 68let#e 9ak:ltesi Muhasebe nabili# "al;
<iz#et S:resi 1-14-2000

Date Nr. Description Debits Credits

Mar. 1 1

Mar. 2 2

Mar. 3 3

Mar. 3 4

Mar. 5 5

Mar. !

Mar. "

Mar. #

Mar. 11 #

Mar. 15 1$



%&&&&'

Date Nr. Description Debits Credits

Mar. 22 11

Mar. 22 12

Mar. 23 13

Mar. 25 14

Mar. 2! 15

Mar. 3$ 1!

Mar. 31 1"

%&&&&'

CASH ACCOUNTS RECEIVABLE MOTOR VEHICLES












FURNITURE NOTES PAYABLE








ACCOUNTS PAYABLE CAPITAL RENTAL REVENUE









GASOLINE AND
OFFICE RENT EXPENSE ADVERTISING EXPENSE MAINTENANCE EXPENSE







GAIN ON SALE OF
SALARIES EXPENSE MOTOR VEHICLES






TRIAL BALANCE (31.3.2012

Cas(

)cco*nts +ecei,ab-e

Motor .e(ic-es

/*rnit*re

Notes 0a1ab-e

)cco*nts 0a1ab-e

Capita-

+enta- +e,en*e

233ice +ent 45pense

)d,ertisin6 45pense

7aso-ine8Maint.45p.

9a-aries 45pense

7ain on 9a-e o3 M.
%

%&&&'