With the following data, make the settings and the worksheet.
Fo.		BALANCES
Accounts	Debtor	Creditor
1	Cash and Banks	219,435.89
2	Furniture and Equipment	58,125.00
3	Delivery Vehicles	195,700.00
4	Organization Expenses	14,800.00
5	Mercaderas	92,630.00
6	Commercial debtors	60,115.00
7	Shopping	135,728.00
8	VAT Receivable	7,430.00
9	Trash and Supplies	6,518.00
10	Shares to Subscribe	30,000.00
11	Share Subscribers	20,000.00
12	Authorized capital		300,000.00
13	Trade creditors		50,694.00
14	Advance on Sales		8,400.00
15	Office Salaries	90,200.00
16	Sales Room Salaries	81,400.00
17	Office Incentive Bonus	11,000.00
18	Sales Room Incentive Bonus	8,250.00
19	Donations	16,000.00
20	Deprec. Accum. Furniture and Equipment		20,279.16
21	Deprec. Now. Reparto vehicle		77,497.20
22	Death Now Organizational Expenses		5,920.00
23	Spending on purchases	7,650.00
24	Sales		712,805.53
25	Sales Room Rental	14,520.00
26	Office rental	9,680.00
27	Long-term financial investments	100,000.00
28	Legal Reserve		23,180.00
29	Short-Term Notes Receivable	30,000.00
30	Dev. and Reb. About Purchases		4,190.00
31	Dev. and Reb. About sales	5,674.00
32	Perceived Interest		12,790.00
33	Long-Term Notes Payable		38,000.00
34	Commissions Perceived Not Earned		6,890.00
35	VAT payable		5,380.00
36	Quarterly ISR	22,541.00
37	ISO for Believe	22,799.00
38	Fines and Surcharges	5,830.00
		1,266,025.89	1,266,025.89
SETTINGS
1. Calculate and account for depreciation and amortization in the maximum legal percentages, taking into account that the furniture and equipment had a scrap value of 1% and that the sales room corresponds to 52% and the offices 48%. A residual value of 1% was also estimated for delivery vehicles.
03. There is Q.1,630.00 in stock for the trash can and supplies.
04. Pending accounting for the discount made at Banco del Frijol, SA of a bill of exchange for Q.10,000.00, which charged us interest of 13% per year in the 43 days needed to collect said document. The liquid value is deposited in the same Bank. Lyric No.1 by Octaviano Guerra Paz.
11. Regularize VAT accounts.
12. The final inventory of merchandise amounts to Q.86,980.00.