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Typical Transactions
1. Initial Capital Contribution
2. Purchase of Fixed Assets
3. Pay Monthly Expense
4. Prepayment For Office Rent and Insurance
5. Adjustment for Prepaid Expenses
6. Adjustment for Accruals
7. Adjustment for End of Period Closing of Retained Earnings
8. Pay the Purchase of Fixed Assets
9. Payment for Accrued Expenses
10. Book the Purchase of Current Assets
11. Cash Payment for Inventory Purchase
12. Adjustment for Interest Earned on Bank Deposit
13. Adjustment for Inventory Expense
14. Adjustment for Currency Gain
15. Adjustment for Currency Loss
16. Book the Purchase of Current Assets (licenses for resale)
17. Interest Payment Received
18. Receive Long-Term Loan in Euro from Bank
19. Recognize Sale of Licenses
20. Recognise Receipt of Payment for Sale of Licences
21. Depreciation of Fixed Assets
22. Repayment of Loan in Euro
23. Adjustment for Currency Gain in Euro
24. Adjustment for Tax Payable
25. Recognition to Pay Dividends to Shareholders
Adjustment for End of Period Closing of Retained Earnings