Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

sorry tgat is how the question was been ask Exercise 2 (a, b). Distribute balance accounts between the five groups of balance accounts using the

image text in transcribed
sorry tgat is how the question was been ask
Exercise 2 (a, b). Distribute balance accounts between the five groups of balance accounts using the chart of accounts and the balance form. To prepare a balance sheet in accordance with the scheme of halance sheer accounts a) ..ABC, LLC December 31, 2021 Balance scents Amount 1 Raw materials 500 Production buildings 000 Production materials 320 edustrial vehicles 1200 S. Bank loan US 30 Retained caring for the reporting yea17030 Share capital 120.000 Work in progress 300 P. Current count in the Luminor Bank 1620 10. Reserves specified by law 320 11. Trade receivables pe 800 12. Debts to suppliers 1930 13 Cash boso 14 Equipment and machinery 320 15. Finished products 3700 16 Car be b) ABC, LLC December 31, 2021 Balance accounts 1.Finished products Production buildings Share capital 4. Car Bank loan Preduction and every Debes to supplies Imanta o 740 po 6 000 hoo 1340 1330 720 000 Cash 114620 10. Raw materials 17 000 11. Trade receivables 500 12. Administrative building 13. Current account in the Luminor Bank 60 14 Production manas 13930 16. Industrial chicles 500 18. Retained camins for the reporting you $30 Exercise 2 (a, b). Distribute balance accounts between the five groups of balance accounts using the chart of accounts and the balance form. To prepare a balance sheet in accordance with the scheme of halance sheer accounts a) ..ABC, LLC December 31, 2021 Balance scents Amount 1 Raw materials 500 Production buildings 000 Production materials 320 edustrial vehicles 1200 S. Bank loan US 30 Retained caring for the reporting yea17030 Share capital 120.000 Work in progress 300 P. Current count in the Luminor Bank 1620 10. Reserves specified by law 320 11. Trade receivables pe 800 12. Debts to suppliers 1930 13 Cash boso 14 Equipment and machinery 320 15. Finished products 3700 16 Car be b) ABC, LLC December 31, 2021 Balance accounts 1.Finished products Production buildings Share capital 4. Car Bank loan Preduction and every Debes to supplies Imanta o 740 po 6 000 hoo 1340 1330 720 000 Cash 114620 10. Raw materials 17 000 11. Trade receivables 500 12. Administrative building 13. Current account in the Luminor Bank 60 14 Production manas 13930 16. Industrial chicles 500 18. Retained camins for the reporting you $30

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategies For Small Audit Shops

Authors: David O'Regan

2nd Edition

0894134701, 978-0894134708

More Books

Students also viewed these Accounting questions

Question

7. Identify six intercultural communication dialectics.

Answered: 1 week ago