Question
- BASIC ACCOUNTING - A company has the following elements in the General Ledger: 2813 Depreciation of plant, machinery and motor vehicles IBC 5.000
- BASIC ACCOUNTING - A company has the following elements in the General Ledger: 2813 "Depreciation of plant, machinery and motor vehicles" IBC 5.000 lei 2131 Plant and machinery" IBD 25.000 lei 371 "Goods purchased for resale" IBD 5.000 lei 5311 "Petty cash in lei" IBD 8.000 lei 1621,,Long-term bank loans" IBC 20.000 lei 1012 "Subscribed capital paid" IBC 3.000 lei 1061 "Legal reserve" IBC 600 lei 1171 "Profit/loss carried forward" (profit) IBC 9.400 lei. Requirements: 1. Identify the correct accounts and accounting equations (formulas) generated by the following operations; 2. Reflect these operations in the General Ledger and in the Trial Balance.
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Financial Reporting Financial Statement Analysis and Valuation
Authors: Clyde P. Stickney
6th edition
324302959, 978-0324302967, 324302967, 978-0324302950
