beginning balance of balance sheet access to 01.10**** Othere ford - 15000 Acculated depreciation of new 5000 Puchoses de 000 Loreto balace on the 01.01.) preparate de kind of Fabris 17 000 Ellwished anders Remade cloches in sup Clothes in sterowe-3010 Cash on hand - 3000 Bank 5000 Equity capital - 30 000 Retained profits beagle forward persone year 2000 Acconable supplies and contractors - 2000 Payable Vahesied to 18 000 Yobeto praca for all pets, record will be reacties in October. You have to prepare Ne The content of business transacties Dube Cred ELR 1.1) Purchased odio post paydo mous with VAT 215 Goods vabaw VAT VAT 1. 12) Purchased materials from VAT paye it VAT) Reveres from sales in VAT Recenin cash bandicali) without VAT VAI TIN Pechows and debe in bank account Paymeste al forces de sery October ned EUR 35.000 5) X X 31 clothes in shop7545 clothes is how 800 unfinished orders: 0 You have to close operatia , cales of the peod prepare 6) "Well Lad. Transactions report of October Account be Berinin balance TE at Credit Ente Balance debut credit 1230 other fixed 15000 16000 Total Exercise 3. Inventory accounting methods. Periodic inventory method. "Wool" Ltd. beginning balances of balance sheet accounts on 01.10 are in EUR: Other fixed assets - 15 000 Accumulated depreciation of fixed assets - 5 000 Purchasers and commissioning party debts- 30 000 Inventories balances (on the 01.01.) open separately account for each kind of inventory Fabrics - 11 000 Unfinished orders -1000 Ready-made clothes in shop-2000 Clothes in storehouse - 3000 Cash on hand - 3000 Bank account - 5000 Equity capital - 20 000 Retained profits brought forward previous year- 2000 Accounts payable to suppliers and contractors - 25 000 Payable Value added tax- 18 000 You have to open T-accounts for all positions, record all business transactions in October. You have to prepare turnover of accounts. No The content of business transactions Amount, Debit Credit EUR 1.1) Purchased goods on post pay conditions, invoice 7260 amount with VAT 21% Goods value without VAT ? VAT 21% ? 1.2) Purchased materials from no VAT payer (amount 7 500 without VAT) 2) Revenues from sales main, with VAT 18150 ? Revenues in cash on hand (till cash) without VAT | VAT 21% ? 3) Purchaser paid debt in bank account 25 000 Payment to supplier for previous delivery 15 000 5) October Inventories results registered in accounts, X EUR 5.1) fabrics - 2500 ? 5.2) clothes in shop -7545 ? 5.3) clothes in storehouse-2800 unfinished orders-0 6) You have to close operational accounts, calculate the result of the period, prepare transactions report 5.4) ? Exercise 3. Inventory accounting methods. Periodic inventory method. "Wool" Ltd. beginning balances of balance sheet accounts on 01.10 are in EUR: Other fixed assets - 15 000 Accumulated depreciation of fixed assets - 5 000 Purchasers and commissioning party debts- 30 000 Inventories balances (on the 01.01.) open separately account for each kind of inventory Fabrics - 11 000 Unfinished orders -1000 Ready-made clothes in shop-2000 Clothes in storehouse - 3000 Cash on hand - 3000 Bank account - 5000 Equity capital - 20 000 Retained profits brought forward previous year- 2000 Accounts payable to suppliers and contractors - 25 000 Payable Value added tax- 18 000 You have to open T-accounts for all positions, record all business transactions in October. You have to prepare turnover of accounts. No The content of business transactions Amount, Debit Credit EUR 1.1) Purchased goods on post pay conditions, invoice 7260 amount with VAT 21% Goods value without VAT ? VAT 21% ? 1.2) Purchased materials from no VAT payer (amount 7 500 without VAT) 2) Revenues from sales main, with VAT 18150 ? Revenues in cash on hand (till cash) without VAT | VAT 21% ? 3) Purchaser paid debt in bank account 25 000 Payment to supplier for previous delivery 15 000 5) October Inventories results registered in accounts, X EUR 5.1) fabrics - 2500 ? 5.2) clothes in shop -7545 ? 5.3) clothes in storehouse-2800 unfinished orders-0 6) You have to close operational accounts, calculate the result of the period, prepare transactions report 5.4) ? beginning balance of balance sheet access to 01.10**** Othere ford - 15000 Acculated depreciation of new 5000 Puchoses de 000 Loreto balace on the 01.01.) preparate de kind of Fabris 17 000 Ellwished anders Remade cloches in sup Clothes in sterowe-3010 Cash on hand - 3000 Bank 5000 Equity capital - 30 000 Retained profits beagle forward persone year 2000 Acconable supplies and contractors - 2000 Payable Vahesied to 18 000 Yobeto praca for all pets, record will be reacties in October. You have to prepare Ne The content of business transacties Dube Cred ELR 1.1) Purchased odio post paydo mous with VAT 215 Goods vabaw VAT VAT 1. 12) Purchased materials from VAT paye it VAT) Reveres from sales in VAT Recenin cash bandicali) without VAT VAI TIN Pechows and debe in bank account Paymeste al forces de sery October ned EUR 35.000 5) X X 31 clothes in shop7545 clothes is how 800 unfinished orders: 0 You have to close operatia , cales of the peod prepare 6) "Well Lad. Transactions report of October Account be Berinin balance TE at Credit Ente Balance debut credit 1230 other fixed 15000 16000 Total Exercise 3. Inventory accounting methods. Periodic inventory method. "Wool" Ltd. beginning balances of balance sheet accounts on 01.10 are in EUR: Other fixed assets - 15 000 Accumulated depreciation of fixed assets - 5 000 Purchasers and commissioning party debts- 30 000 Inventories balances (on the 01.01.) open separately account for each kind of inventory Fabrics - 11 000 Unfinished orders -1000 Ready-made clothes in shop-2000 Clothes in storehouse - 3000 Cash on hand - 3000 Bank account - 5000 Equity capital - 20 000 Retained profits brought forward previous year- 2000 Accounts payable to suppliers and contractors - 25 000 Payable Value added tax- 18 000 You have to open T-accounts for all positions, record all business transactions in October. You have to prepare turnover of accounts. No The content of business transactions Amount, Debit Credit EUR 1.1) Purchased goods on post pay conditions, invoice 7260 amount with VAT 21% Goods value without VAT ? VAT 21% ? 1.2) Purchased materials from no VAT payer (amount 7 500 without VAT) 2) Revenues from sales main, with VAT 18150 ? Revenues in cash on hand (till cash) without VAT | VAT 21% ? 3) Purchaser paid debt in bank account 25 000 Payment to supplier for previous delivery 15 000 5) October Inventories results registered in accounts, X EUR 5.1) fabrics - 2500 ? 5.2) clothes in shop -7545 ? 5.3) clothes in storehouse-2800 unfinished orders-0 6) You have to close operational accounts, calculate the result of the period, prepare transactions report 5.4) ? Exercise 3. Inventory accounting methods. Periodic inventory method. "Wool" Ltd. beginning balances of balance sheet accounts on 01.10 are in EUR: Other fixed assets - 15 000 Accumulated depreciation of fixed assets - 5 000 Purchasers and commissioning party debts- 30 000 Inventories balances (on the 01.01.) open separately account for each kind of inventory Fabrics - 11 000 Unfinished orders -1000 Ready-made clothes in shop-2000 Clothes in storehouse - 3000 Cash on hand - 3000 Bank account - 5000 Equity capital - 20 000 Retained profits brought forward previous year- 2000 Accounts payable to suppliers and contractors - 25 000 Payable Value added tax- 18 000 You have to open T-accounts for all positions, record all business transactions in October. You have to prepare turnover of accounts. No The content of business transactions Amount, Debit Credit EUR 1.1) Purchased goods on post pay conditions, invoice 7260 amount with VAT 21% Goods value without VAT ? VAT 21% ? 1.2) Purchased materials from no VAT payer (amount 7 500 without VAT) 2) Revenues from sales main, with VAT 18150 ? Revenues in cash on hand (till cash) without VAT | VAT 21% ? 3) Purchaser paid debt in bank account 25 000 Payment to supplier for previous delivery 15 000 5) October Inventories results registered in accounts, X EUR 5.1) fabrics - 2500 ? 5.2) clothes in shop -7545 ? 5.3) clothes in storehouse-2800 unfinished orders-0 6) You have to close operational accounts, calculate the result of the period, prepare transactions report 5.4)