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I prefer balance sheet equation to be used 2. EXERCICE: We have received the trial balance from our retail company ROPA SUCIA for the year-end.

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I prefer balance sheet equation to be used

2. EXERCICE: We have received the trial balance from our retail company ROPA SUCIA for the year-end. Correct the Trial Balance mistakes using T- accounts or balance sheet equation ACCOUNT Cash Account receivables Debtors Fix assets Furniture Fix assets Computers GROUP Assets Assets Assets Assets Assets Inventory Liaiblities Accounts Payable Creditors Liabilities Short term Loan Equity Capital Equity OPENING DEBIT CREDIT ENDING BALANCE 40.000,00 50.000,00 60.000,00 10.000,00 260.000,00 40.000,00 20.000,00 10.000,00 50.000,00 50.000,00 60.000,00 10.000,00 260.000,00 40.000,00 20.000,00 50.000,00 121.500,00 280.000,00 20.000,00 10.000,00 30.000,00 5.000,00 16.500,00 20.000,00 50.000,00 60.000,00 100.000,00 61.500,00 280.000,00 20.000,00 Retained Earnings Sales COGS Other Revenue Salaries Energy Rent Marketing Expenses TOTAL 10.000,00 P&L P&L P&L P&L 30.000,00 5.000,00 16.500,00 20.000,00 511.500,00 511.500,00 2.1.First check if there are mistakes in the trial balance 2.2.The accountant informed vou that there is an invoice for 10.000 from our customer Apple that has not been booked 2.3.Also you find out that another invoice for 5.000 from Apple 2.4.You found out that an asset tool worth 5.000 with 3 years 2.5.3,500 were received from Apple but this amount was credited 2.6.We have not received December invoice for "Endesa" energy was booked under Accounts pavable useful life, was booked as maintenance costs in the amount of Google supplier. You should book a provision. Please explain your assumptions

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