Exercise 1

On 31/12/21 in the 2nd Provisional Balance of the individual service company DELTA there are the following accounts: Profits from disposal etc. Equipment 5,000, Consumables 35,000, Other Equipment; (Acquisition value 50,000, Accumulated depreciation 25,000), Suppliers 65,000, Postdated checks Info 35,000, Debt securities 45,000, Provisions (obligation) 100,000, Other taxes fees 35,000, Depreciation of fixed assets 72,000, Income tax info. 50,000, Fees for services 30,000, Bills payable 15,000, Debt Interest and related expenses 15,000, Advertising 24,000, Business Goodwill 100,000, CM 95,000, Rents 30,000, Sales of goods and services 1,200,000 (70.08 Sales of services), Employee benefits , Other ordinary income 80,000, Customers 105,000, Pre-collected income 12,000, Development Expenses (Isol) 20,000, Taxes-fees 55,000, Maintenance and repairs MM 52,000, Provisions for outstanding claims (exit) 20,000, Common Insurance Institutions 12,000 , Gramm. Ref. 125,000, Fund 120,000, Means of Transport? (Acquisition value 800,000, Accumulated depreciation 230,000), Short-term loan 110,000, Damage from a crash M.M. 40,000, Profit from measurement at fair value 50,000, Capital ?. It is requested to determine with calendar entries the results of the period after tax for 2019 (tax 22%). Distribution of the stock to the Individual Enterprise Capital.