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Shareholder's capital = Retained earnings and the profit for the financial year = Long and short-term loans (only those with interest) = Accounts payable =
Shareholder's capital =
Retained earnings and the profit for the financial year =
Long and short-term loans (only those with interest) =
Accounts payable =
Inventories =
Accounts receivable =
Cash and equivalents =
Fixed assets =
Working capital =
euroa 2534700 0 The balance sheet of a company on the 1st of January is given below ASSETS (1.1.) euroa EQUITY (1.1.) Shareholder's Fixed assets 3400000 capital Inventory 1360000 Retained earnings Accounts Profit for the 0 receivable financial year Cash and 1200200 DEBT (1.1) equivalents Loans 0 3017500 Accounts payable 408000 The operating income of the financial period (1.1.-31.12.) is 3230000 . In addition, the following is given on the events in the company during the financial period: The company has delivered products to the customers for a worth of 17000000 according to the billing information. 15810000 of this has been received from the customers. According to the bills, the company has received 7684000 worth of materials of which 7222960 has been paid. Naturally, the company has paid the bills of previous periods. According to the inventory taken, the value of inventory at the end of the financial year is 2244000 . The company has also invested in its means of production (machines) with 476000 . The total depreciation of the financial year is 680000 . 603500 of the loans has been amortized and 150875 has been paid in interests. The income tax percentage is 20% Give the following information for the balance sheet at the end of the year (31.12.) to the nearest euroStep by Step Solution
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