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BACKGROUND The company, North S.L., has the following information in the Balance Sheet and Profit and Loss Account for 2016, before calculating its Corporate Tax:
BACKGROUND
The company, North S.L., has the following information in the Balance Sheet and Profit and Loss Account for 2016, before calculating its Corporate Tax:
| BALANCE SHEET | ||
| ASSETS | LIABILITIES | |
| 69.360,00 A) NON CURRENT ASSET | A) NET EQUITY | 105.130,00 |
| 4.860,00 1. Intangible asset | A-1) Equity | 60.000,00 |
| 4.860,00 1. R+D | 1. Capital | 60.000,00 |
| 4.860,00 201 DEVELOPMENT | 1. Issued capital | 60.000,00 |
| 64.500,00 II. Tangible Fixed Assets | 100 SOCIAL CAPITAL | 19.500,00 |
| 64.500,00 2. Technical facilities and others. | III. Funds | 12.000,00 |
| 52.000,00 213 MACHINERY | 1. Legal y statuary | 12.000,00 |
| 8.000,00 216 FURNITURE | 112 LEGAL FUNDS | 7.500,00 |
| 3.500,00 217 INFORMATION PROCESSING EQUIP. | 2. Other funds | 7.500,00 |
| 25.000,00 218 TRANSPORT | 113 VOLUNTEER FUND | 25.630,00 |
| -24.000,00 281 CUMULATIVE DEPRECIATION | VII. Result of the fiscal year | 32.000,00 |
| 104.050,00 B) CURRENT ASSET | B) NON-CURRENT LIABILITY | 32.000,00 |
| 20.500,00 II. Stock | II. Long-term debts | 32.000,00 |
| 20.500,00 1. Commercial | 5. Other financial liabilities | 32.000,00 |
| 20.500,00 300 GOODS | 171 LONG-TERM DEBTS | 36.280,00 |
| 16.250,00 III. Debtors | C) CURRENT LIABILITY | 6.100,00 |
| 11.850,00 1. Clients (sales and services) | III. Short-term debts | 6.100,00 |
| 11.850,00 b) Clients (sales and services) short-term | 5. Other financial liabilities | 6.100,00 |
| 14.300,00 430 CLIENTS | 523 SUPPLIERS | 30.180,00 |
| 1.800,00 431 CLIENTS, COMMERCIAL PURPOSE | V. Creditors | 11.200,00 |
| -4.250,00 490 VALUE IMPAIRMENT | 1. Suppliers | 11.200,00 |
| 4.400,00 6. Other credits with Public Adminis. | b) Short-term suppliers | 11.200,00 |
| 4.400,00 473 PUBLIC FINANCES, WITHOLDINGS | 400 SUPPLIERS | 18.980,00 |
67.300,00 VII. Cash | 3. Different Creditors | 18.980,00 |
| 67.300,00 1. Treasury | 410 Creditors | 105.130,00 |
| 2.200,00 570 CASH FLOW, EUROS | ||
| 65.100,00 572 BANKS AND CREDIT INSTITUTIONS | ||
| 173.410,00 TOTAL ASSETS | TOTAL NET EQUITY AND LIABILITIES 173.410,00 |
| LOSS AND PROFIT ACCOUNT | |
| 1. Net revenue | 204.300,00 |
| 700 SALES OF GOODS | 200.000,00 |
| 705 PROVISION OF SERVICES | 5.500,00 |
| 708 SALES RETURNS | -1.200,00 |
| 4. Supplies | -69.800,00 |
| 600 PURCHASE OF GOODS | -72.450,00 |
| 610 CHANGE IN INVENTORY | 2.650,00 |
| 6. Staff costs | -75.170,00 |
| 640 WAGES AND SALARIES | -56.800,00 |
| 642 SOCIAL SECURITY | -16.470,00 |
| 649 OTHER SOCIAL EXPENSES | -1.900,00 |
| 7. Other operating costs | -19.850,00 |
| 626 BANK SERVICES | -700,00 |
| 627 ADVERTISING AND PR | -3.600,00 |
| 628 SUPPLIES | -3.800,00 |
| 629 OTHER SERVICES | -7.100,00 |
| 631 OTHER TAXES | -400,00 |
| 694 IMPAIRMENT LOSSES | -4.250,00 |
| 8. Depreciation | - 13.950,00 |
| 681 DEPRECIATION | - 13.950,00 |
| 12. Other outcomes | - 600,00 |
| 678 EXTRA COSTS | - 600,00 |
| A) ACTIVITY OUTCOME | 24.930,00 |
| 13. Financial income | 700,00 |
| b) Other financial income | 700,00 |
| 769 OTHER FINANCIAL INCOME | 700,00 |
| B) FINANCIAL OUTCOME | 700,00 |
| C) INCOME BEFORE TAXES | 25.630,00 |
| D) FISCAL YEAR OUTCOME | 25.630,00 |
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Modern Management Concepts And Skills
Authors: Samuel Certo, S Certo
15th global Edition
978-1292265193, 1292265191
