Case 1: BE (35 points) Important for simplification purposes, do not consider VAT In this serie All amounts in thousands of Euros except indicated otherwise Tags: 18. seintel-Inventory recognition Runinder of the information on 2002 Belentence is a company that des natura mas wooden toy You have recently been hired an idol Accounting. And of 2000, you neel presentative of your ut fim, an order to race the following a balance you have a prepared KE 410 1200 -300 500 . 300 134 Wood comes the only inventory of Band Name ording to the Wested Arab Com WC Method. Thanks to your regular and be work as Head of Accounting the value of wood in the balance up to date and November 2000. The company had to come un proccording WAC to del The town one of Dornber of yet the account 041220, Bored 25 bones of wood stunt price fel - From 03 1320 e 301200Brando os Promote the site 700 50 Land Machines Accumulated depreciation Machines Vehicles Red depreciation Vehicle Trade recevoie Cam Inventory 12000 Financial Sure Capital Retained Eige Trade payable Loan payable Sales Purchase Bacon Other operating per Interest income Interested mory Gye Value trout Ouv Date Operation PriceVay Price 30/11/2020 walivary 04/12/2020 Purchase 11/12/2020 pense 1100 480 319 200 8160 5200 . -70 12 This does not change Thiet Does not change The Does not change Increases Decreases Does not change 0 A few days later, it comes back to you with additional information regarding four topics and asks you to w the corresponding questions - see the following pages. Tesis 2160 points. Desain Reminder of the information given above Tesis 2011 - Bark.com Machines counted Deposten - Machines 1200 90 Reminder of the information given above Aconde Depreciation Lorate tomto Notection expertos en begeed 2000 yet. A The loan payable in the balance sheet (20 of December 2018 represents are loan payable 380 Kved on twy 22.11 at the paid by me 31 December, The Best report has been made and recorded in December 2015 out to the book entry been done for 2400 yederen though the 200 pamet tok place on 31 December 2000 Questions Complete the payment schedule below for the year 2018 and 2006 junto pred rounded the whole t has no acquired are feet of whicle for the sin force on 1 of Sphere 2000 for a total amount 360 Who we of years, and med tvil o 20 Eat the end of the w. The company was there todo depenent Repayment Annual Inse Anull Opening Balance of loan 350 Closing Date Balance of com 2019 2000 Machines have some of The amount of called depreciation for machines at the end of 2020 + Alberg, the remaining self te machines at the end of 2000-years, were book out & The ratesed to depreciate the Venice The amount of depreciation expense for the vehicles for the year 2000 The total amount of Depreciation Experte for the year 2020WE This Does not change the nutcome for 2000 The Does not change - Chetanoingle dau dian apart from the classes melist : Kertheloop The angely that needs to be done represents for the end t the regione 2000 Does not changediertes/ The cortion of the 2020 Does not change The motion for 2009 Does not change The most of the 2120 Does not change b. Topic 4 (5 points) - End-of-year adjustments Reminder of the information given above: Other operating expenses Interest income - 870 12 Additional information: In the information above, the following elements are not yet included, and are subjected to adjustments: a. The auditor fees to be paid to IY for the year 2020 are agreed to be 52 K. b. A claim for damages resulting from defective toys requires the recognition of a provision of 38 K. C. One of your customers has gone bankrupt. His 10K debt to you is considered definitely lost. d. Interest income was received in December 2020. The revenue covers the period from the 1" of February 2020 to the 31" of January 2021, on a straight-line basis. Questions: Ke. a. The final amount of Other operating expenses will be b. The final amount of interest income will be KE. C. All together, these adjusting entries Decrease KE. d. These adjusting entries Do not change cash. the net income for 2020 of Cash/Bar Account Patie Loan Pay Aour Recevable Office Raw Valerie Other Powder em Income Statement for the Year ended 31 December 2020 EXPENSES REVENUES Case 2 :MRA (45 Points) Importart For simplification purposes, do not consider VAT in this exercise. All amounts in thousands of ENOL, except indicated otherwise MRA Inc. is compeny producing vegan yogurt and created in January 2020 bytuo associates. During the year 2020. the following transactions were carried out .) OMO+2020. The parties contributed a total of 90 ke to the share capital by paying into the bank account b) 01012020: An office is purchased for 110 K, financed by a 10-year loan of the same amount with a constant repayment and an interest rate of 8% c) 01/01/2020 Equipment is purchased on credit for an out of 45 KE ) 01/012020. Purchase of raw materials for 7 ME, payment by bank transfer e) 01/01/2020 2 KE were paid by bank transfer for insurance for the next two years. 01/022020 Transaction(e) a settled by bank transfer 2012 2020. The company has paid travel expenses for the sales representative's tipe to be made in January 15 1) 9122020. Recognition of the depreciation expense for the equipment acquired on 01012020 The useful life is 10 years, straight-line depreciation. There is no residualne 39122020. Recognition of depreciation expense for the office acquired on 01/012020. The usefules 20 years, straight-ine depreciation. There is no residual value 31/12/2020 Insurance cost for the first year is expensed 31/12/2020 The value of the raw material inventory at the end of the year is 2 KE 57/122020 Payment of the first intement of the loan interests included contracted on 01/012020 my The total amount of sale for year 2020 in 130 Ke Or thane salen, 90 kit are cash in the balance has not been paid yet by the customers. ) Other operating expenses for the year 2020 (noluding the above transactional amount to 30 KE. This amount is included 7 knot paid to suppliers yet o) The company in currently in dispute with an employee and set up a provision of 10 KE Required 1. Recognize the above transactions in the appropriate Taccounts (including the letten of the related transactions 2. Prepare an income Statement for the period from January 1* 2000ko December 319 2020 3. Prepare a Balance Sheet at December 31, 2020 TOTAL EXPENSES TOTAL REVENUES Mat Income Balance Sheet as of 31 December 2020 EQUITY & LIABILITIES ASSETS onun Oures TOTAL TOTAL Case 3: JLM Inc. (40 points) A) Creation in 2019 (5 points) JLM Incis created at 2018, and at the sandae 2 200 shares with a nominal value of 100 och JLM in genere a profit 2019 of 18000 Detail of the calculation of the cash flow at the beginning of 2020 and the end of 2023 (5 points) Calculation of the cash flow at the beginning of 2030 Please note the ty of JLM le at the end of 2018 Equity 2019 Calculation of the cash flow at the end of 2023 Total B) Issuing bond in 2020 (25 points) B2. Please indicate the corresponding book entries in the Journal for the years 2020, 2021 2022 and 2023. (15 points) Debil Credit At the beginning of 2020. J.Minu a bond with the following characteristic Emission of 20 000 bonds of a nominal value of 100 out of 2 milione Nomina interest rate payment 3 December 2023, Due to in premium of 4 per bond. Mine, colectory of cash orch bond of a nominal vake of 100 tission de In addition to this there is also a redemption punium of each bond which is to repayment de Ju no will have to pay Back 103