In this task, the operation of the craft beer brewery Ipana Oy is examined from the accounting point of view. Ipana Oy is a brewing company that was founded in 2011 and focuses on specialty beers. The company employs 35 people and focuses on the Finnish specialty beer market. The company sells beer mainly to restaurants and wholesalers, and is currently focusing on increasing direct sales to customers. The company owns its production facility in Kerava, in connection with which the company has considerable storage facilities. In addition, the company rents a small office space in Hakaniemi, Helsinki, at a fairly moderate price (3,200/ month). The company produces the successful "Ipana IPA" beer, the selling price of which varies depending on the sales channel, between 2.03/l and 3.12/1. The company prefers domestic raw materials, but most of the hops come from international suppliers. Raw material costs have remained at the same level in recent years, around 0.81/l. Although demand has grown over the years as a result of successful sales and marketing, the company's management is concerned that the company's turnover is dependent on a single product. Let's examine the financial period 1 January 2020 - 31 December 2020 . At the beginning of the accounting period, Ipana oy has 200,000 liters of raw material in stock. It can be assumed that 1 liter of raw material can be used to produce 1 liter of Ipana IPA. In the finished product warehouse, on the other hand, 150,000 liters of Ipana IPA are waiting for sale. The opening balance sheet for the fiscal year (January 1, 2020) looks like this: Assets (k) Permanent equivalents - Fixed asset 15000 Variable assets - Raw material warehouse 162 - Ready-made warehouse 121.5 - Trade receivables 248 - Cash in hand and cash equivalents 146 Liabilities (ke) Equity - Share capital - Accrued earnings - Profit for the period 9696.5 0 0 Liabilities - Long-term loans - Maturing loans -Trade payables