The trading company EPSILON on 31/12/21 in its 2nd Provisional Balance had the following Accounts. 600,000 buildings.
Question:
The trading company EPSILON on 31/12/21 in its 2nd Provisional Balance had the following Accounts.
600,000 buildings. Debt Interest and related expenses 20,000, Transportation expenses 10,000, K.O 250,000, Commercial sales. 12,900,000, Crash loss 10,000, Credit exchange differences 10,000, Purchase discounts 230,000, Sales returns 240,000, Sales discounts 350,000, Service fees 20,000, Social Security Organizations 50,000, Goods 1/1 300,000, Purchases use 6,700,000, Employees Benefits 90,000, Customers 100,000. Prepayments 50,000, Cashier 200,000, Telecommunications 20,000, Suppliers 60,000, Returns 110,000, Other taxes fees 30,000, Credit interest 20,000, Transportation 200,000, Bills payable 30,000, Short-term Bank Loan 110,000,
On 31/12, 180,000 traders were found. + Using only the appropriate accounts,
You are asked to specify:
Number of registrations to determine K. sold 31/12
What is the difference between stocks in the initial and final Balance Sheet
Net sales
Number of registrations to determine K. Purchases
Net purchases
Cost of goods available for sale
Costs Sold
Gross Result
Total number of registrations to determine K. Sold and K. Sales 31/12
Which accounts related to the goods and sales are transferred to 82 A.P. and in what amounts?
South Western Federal Taxation 2014 Comprehensive Volume
ISBN: 9781285180922
37th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young