Purchased 10 items of merchandise have been warehoused and *** counted 35,000 unpaid; sold 3 items of merchandise, 12,000 uncollected. VAT 13%, find the accounting entries.

Purchase of goods 10 pieces have been warehoused, *** count 35,000 unpaid; sales of goods 3 pieces, 12,000 uncollected. VAT 13%, accounting entries, purchases:

Debit: Inventory goods 35000

Taxes payable - VAT payable (input tax) 4550

Credit: Accounts payable 39550

Sales:

Debit: Accounts receivable 13560

Credit: Main operating income 12000

Credit: Revenue from main business 12000

Taxes payable - VAT payable (output tax) 1560

Debit: Cost of main business 10500

Credit: Inventory goods 10500