Question: Task 1 : Zosia decided to open a business and deposited the amount of 2 0 , 0 0 0 in the cash register. Zosia

Task 1:
Zosia decided to open a business and deposited the amount of 20,000 in the cash register.
Zosia applied to the bank for a loan of 60,000.
Zosia performed her first order - she gave legal advice to a client who decided to divorce his wife, she invoiced the amount of 30,000, she received the money in cash.
Zosia purchased office supplies - binders, pens and postage stamps in the amount of 3,000- she paid for them in cash, and treated the purchase as current expenses.
Zosia made another order - issued an invoice for 20,000- due in 10 days.
Zosia wrote her book on legal advice in the previous year - it has just been published. She received 200 books worth 35 zlotys (one) and took them into storage.
Zosia received:
a) an invoice for cleaning -500PLN- paid in cash
b) an invoice for energy -600 PLN - payable in 10 days
c) invoice for gas -200- payable in 10 days
Zosia sold the first 30 books. The selling price -55 zlotys/unit. She issued a sales invoice and sent the books to customers.
Post in t-accounts all operations.
calculate financial result, income tax (19%), and record it in t-account
prepare balance sheet
 Task 1: Zosia decided to open a business and deposited the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!