AutoSave File Home Insert Draw 8. Page Layout final exam questions of financial accounting - Excel Stack Maid that Formulas Data Review View Help 46: Calibri 12 A A 10- Merge & Centr 5% Conditional Fomata Ce Foruming Table S On Format Son F& Clear Opbound 16 Fe Member C38 E A B 132 PART FOUR: CALCULATING NET INCOME AND DRAWING UP A BALANCE SHEET 133 134 You have the following balance sheet at 01/12/N: 1351 136 ASSETS 137 Fixed assets 138 Buildings 139 Equipment and tools 140 Current Assets 141 stocks of goods 142 Accounts receivables 143 Cash/bank Gross value H Depreciations Net value LIABILITIES Amount Shareholders' equity 120000 36000 84000 Capital 120000 18000 4500 13500 Debts 17500 17500 Loans 11800 11800 Accounts payables 10000 1600 9800 9800 136600 Total ab 136600 144 145 Total asset 177100 40500 146 347 VAT rates 20% 148 149 150 151 152 01/12/N 02/12/N the company provides you with the following information for the month of December Purchases of goods; payent method: 1/2 in cash and 1/2 on credit Capital increase by cash contribution 153 09/12/N Sales of goods, payment by chequer 154 155 156 157 15/12/N 21/12/N Electricity bill, payment by cheque Repayment of the loan to bank, total amount is of which interest expense is 250 28/12/N questions Recording of the employee's wages; net salary has been paid by bank to employees within December 3500 Excluding VAT 10000 16000 Excluding VAT 350 Excluding VAT 1150