Prepare Income statement and balance sheet PART 2 (50%) QUESTION 6 (25%) Rustic decor company presents at

 Prepare Income statement and balance sheet 

Transcribed Image Text:

PART 2 (50%) QUESTION 6 (25%) Rustic decor company presents at the end of the exercise 2.022 the following trial balance. You need to calculate the company's Balance Sheet and Income Statement. Please include a working capital calculation and analysis. Furniture Buildings Other financial income Accounts payable Bank Bankinter Truck Fixed assets depreciation ----- Wages Industrial property Social Security expense Capital or common stock Accounts receivable Revenue Insurance expenses Rent cost Long term debts with financial institutions Reserves Computers III 1 ||| TOTAL DEBIT 55.000 82.500 114.763 253.000 40.167 1.638 3.300 22.000 71.500 14.520 52.800 ---- 33.006 CREDIT DEBITOR CREDITOR 6.735 11.000 48.265 BALANCES 82.500 210.488 429.000 56.980 ---- 52.800 12.555 8.800 2.090 35.200 1.100 114.763 ---- 253.000 40.167 33.006 18.700 1.638 38.500 12.555 8.800 11.000 210.488 429.000 33.110 1.100 PART 2 (50%) QUESTION 6 (25%) Rustic decor company presents at the end of the exercise 2.022 the following trial balance. You need to calculate the company's Balance Sheet and Income Statement. Please include a working capital calculation and analysis. Furniture Buildings Other financial income Accounts payable Bank Bankinter Truck Fixed assets depreciation ----- Wages Industrial property Social Security expense Capital or common stock Accounts receivable Revenue Insurance expenses Rent cost Long term debts with financial institutions Reserves Computers III 1 ||| TOTAL DEBIT 55.000 82.500 114.763 253.000 40.167 1.638 3.300 22.000 71.500 14.520 52.800 ---- 33.006 CREDIT DEBITOR CREDITOR 6.735 11.000 48.265 BALANCES 82.500 210.488 429.000 56.980 ---- 52.800 12.555 8.800 2.090 35.200 1.100 114.763 ---- 253.000 40.167 33.006 18.700 1.638 38.500 12.555 8.800 11.000 210.488 429.000 33.110 1.100

Answer rating: 100% (QA)

ANSWER Balance Sheet ASSETS Cash 71500 Accounts Receivable 33006 Inventory 48265 Furniture 5500... View the full answer