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1, Debit: Other receivables 500

Credit: Cash 500

2, Debit: Administrative expenses 269

Credit: Cash 269

3, Debit: Employee compensation payable - Benefits 367

Credit: Cash 367

4, Debit: Supplies in transit 20000

Payable Taxes - VAT Payable (Input Tax) 3400

Credit: Bank Deposit 23400

5, Debit: Materials in Transit 240

Credit: Bank Deposit 240

6, Debit: Fixed Assets 36400

Taxes Payable - VAT Payable (Input Tax) 6188

Credit: Bank Deposits 42500

7, Debit: Raw Materials 20240

Credit: Materials in Transit 20240

8, Debit: Accounts Payable 24700

Credit: Bank Deposits 24700

9, Debit: Production Costs 8000

Credit: Raw Materials -- Material A 4000

10, Debit: Administrative expenses 1000

Credit: Raw materials -- A material 1000

11, Debit: Bank deposits 28080

Credit: Revenue from main business 24000

Taxes payable -- VAT payable (input tax) 4080

12, Debit: Accounts receivable 42120

Credit: Revenue from main business 36000

Taxes payable - VAT payable (input tax) 6120

13, Debit: Cost of main business 20000

Credit: Inventory goods - Product A 20000

14, Debit: Cost of main business 28000

Credit: Inventory Commodities - Product B 28000

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