Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

B. Based on the presented data: 1. Open accounts. 2. Book the operations. 3. Close accounts. 4. Prepare a balance sheet (without this point). Q

B. Based on the presented data:
1. Open accounts.
2. Book the operations.
3. Close accounts.
4. Prepare a balance sheet (without this point). image text in transcribed
Q Search Yo Formulas Data Review View f Calibri B A A Ev ab Marke M39 x fx Sea A B D E F G H I 1 A. Assumptions Qi Calendar 2 There were the following opening balances in ledger of the partnership "Alfa" as at March 1, 20XX: 3 B 1. Current account 10000 Calls 2. Property, plant and equipments 40000 3. Materials 8000 19 7 4. Finish goods 2000 Files 8 5. Trade payables 18000 9 6. Cash in hand 500 L 10 7. Trade receivables 7500 Shifts 11 8. Intangibles 12800 12 9. Share capital 35000 Teams 13 10. Supplementary capital 25300 14 11. Wages and salaries payable 2500 15 16 There were the following account transactions in March: 17 1. Invoice payable by bank transfer for fixed assets commissioned for use 18 2. Cash was taken from the bank to the cash register to pay wages 19 February salaries were paid 20 4. A receivable from the recipient has been transferred to the current account 21 5. Trade payables were repaid by bank transfer 22 6. Purchased for cash and admitted to the warehouse, materials worth 23 7. Invoice payable by bank transfer for materials purchased and accepted into the warehouse 24 8. Trade payables were repaid with a long-term bank loan (credit) 25 9. Cash withdrawn from the bank to the cashier 26 10. An employee was paid an advance for a business trip 27 28 B. Based on the presented data: 4 Exercise 3 + > = Exercise 1 Calculation Mode: Automatic 9: Filte Wars Sort Price Mil Cond Date Avail Cate a H Activity Chat Assignments B 5 4 File 5 6 Exercises IV - Saved Home Insert 99 Apps Help Type here to search Draw Page Layout 11 Exercise 2 Workbook Statistics Automate Help General J 10000 2500 2500 5000 8000 300 500 6000 1000 600 K Tell me what you want to do .0 .00 .00 .0 L Number OB. Number OB. Number OB. M Dt Dt Dt N O Editing CA Comments T R S T Dt Number . Number Dt OB. Number Dt OB. P Q Number Ct Ct Number Ct Number Give Feedback to Microsoft @ 63F Cloudy @ " OF Close ... L - 100% + 12:20 AM LJ 6/13/2022

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Data Analytics for Accounting

Authors: Vernon Richardson

1st edition

1260375196, 9781260375183 , 978-1260375190

More Books

Students also viewed these Accounting questions