Example 2 (chapter 2, page 20) 1 Property, plant and equipment 14 000 2 Long term bank loan 1 000 3 Accumulated profit of previous years 100 4 Property, plant and equipment under construction 1 200 5 Intangible assets 4 000 6 Long term financial assets 3 000 7 Notes payable (bill of exchange liabilities) 500 8 Goods for resale 4 500 9 Net profit 200 10 Cash in bank 800 11 Materials 2 100 12 Trade receivables 300 13 Tax, custom and insurance liabilities 300 14 Cash in hand 100 15 Finished goods 1500 16 Trade liabilities 400 Required Prepare Balance sheet at 1 January Calculate share capital and equity

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Example 2 (chapter 2, page 20) 1  Property, plant and equipment 14 000 2  Long term bank loan 1 000 3  Accumulated profit of previous years 100 4  Property, plant and equipment under construction 1 200 5  Intangible assets 4 000 6  Long term financial assets 3 000 7  Notes payable (bill of exchange   liabilities) 500 8  Goods for resale 4 500 9  Net profit 200 10  Cash in bank 800 11  Materials 2 100 12  Trade receivables 300 13  Tax, custom and insurance liabilities 300 14  Cash in hand 100 15  Finished goods 1500 16  Trade liabilities 400 Required  Prepare Balance sheet at 1 January  Calculate share capital and equity

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Example 2 (chapter 2, page 20) 1. Property, plant and equipment 14 000 2. Long term bank loan 1 000 3. Accumulated profit of previous

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