Question
Financial management 2. A limited company starts when the owners contribute SEK 200,000. After the first financial year, it is assumed that you can report
Financial management
2. A limited company starts when the owners contribute SEK 200,000. After the first financial year, it is assumed that you can report costs of SEK 250,000, liabilities of SEK 300,000 and income of SEK 500,000. Enter the amounts at the end of the financial year on the following items:
a) Assets =
b) Equity =
2b. For a company that has existed for three years, the included value for the year 2021 of the inventory is SEK 150,000. In 2021, budgeted payments for purchases of goods of SEK 1,000,000 are expected. However, trade payables are expected to decrease by SEK 50,000 in 2021. As of 31 December 2021, a budgeted closing value of inventories of 15000 is expected. Enter the amounts at the end of the financial year on the following items:
a) Cost of goods sold =
b) Opening value of inventories at the beginning of 2022 =
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