Statement of Financial Position (Balance Sheet) 2018 12 2019 12 2020 12 2021 09 Presentation Currency 1000TL 1000TL 1000TL 1000TL Nature of Financial Statements Consolidated Consolidated Consolidated Consolidated Current Assets 22 512 149 24 136 704 28 507 242 40 156 967 Non current Assets 19 269 961 22 535 921 29 486 670 40 007 133 Total Assets 41 782 110 46 672 625 57 993 912 80 164 100 Current Liabilities 7 887 487 9 450 454 9 434 112 15 301 302 Non current Liabilities 4 639 998 5 974 696 7 438 224 11 040 696 Total Liabilities 12 527 485 15 425 150 16 872 336 26 341 998 Equity Attributable to Owners of Parent 28 366 761 30 299 298 39 809 427 52 076 639 Non controlling Interests 887 864 948 177 1 312 149 1 745 463 Total Equity 29 254 625 31 247 475 41 121 576 53 822 102 Total Liabilities and Equity 41 782 110 46 672 625 57 993 912 80 164 100 Statement of Profit or Loss and Other Comprehensive Income 2018 12 2019 12 2020 12 2021 09 Presentation Currency 1000TL 1000TL 1000TL 1000TL Nature of Financial Statements Consolidated Consolidated Consolidated Consolidated Revenue 27 015 254 27 465 185 32 048 029 43 060 307 Cost of Sales 18 631 954 22 454 025 26 123 431 26 789 372 Gross Profit (Loss) from Commercial Operations 8 383 300 5 011 160 5 924 598 16 270 935 Revenue from Finance Sector Operations Cost of Finance Sector Operations Gross Profit (Loss) from Finance Sector Operations 0 Gross Profit (Loss) 8 383 300 5 011 160 5 924 598 16 270 935 Profit (Loss) From Operating Activities 7 814 311 4 378 290 5 573 200 15 601 696 Profit (Loss) Before Financing Income (Expense) 7 682 374 4 456 996 5 646 228 15 604 524 Profit (Loss) from Continuing Operations, Before Tax 8 630 677 5 067 384 5 657 525 16 376 685 Profit (Loss) from Continuing Operations 5 844 721 3 494 207 3 509 790 11 262 795 Profit (Loss) from Discontinued Operations Net Profit (Loss) 5 844 721 3 494 207 3 509 790 11 262 795 Profit (Loss) Attributable To, Non controlling Interests 246 731 177 680 200 697 459 014 Profit (Loss) Attributable To, Owners of Parent 5 597 990 3 316 527 3 309 093 10 803 781 Other Comprehensive Income (Loss) 7 134 342 3 388 946 7 180 270 7 969 533 Total Comprehensive Income (Loss) 12 979 063 6 883 153 10 690 060 19 232 328 Total Comprehensive Income Attributable To, Non controlling Interests 457 866 269 431 399 733 689 614 Total Comprehensive Income Attributable To, Owners of Parent 12 521 197 6 613 722 10 290 327 18 542 714 1 ) Find which account has the highest value among current assets and which account has the highest value among non current assets 2 ) Write one transaction, of your own, related to one of these accounts Make a transaction analysis then make journal entries and ledger recordings Please write clearly and don't handwritten Lesson Financial Accounting TL (Turkish Liras) the year of the questions is 2020

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 09, 2024

Statement of Financial Position (Balance Sheet) 2018/12 2019/12 2020/12 2021/09 Presentation Currency 1000TL 1000TL 1000TL 1000TL Nature of Financial Statements Consolidated Consolidated Consolidated Consolidated Current

Statement of Financial Position (Balance Sheet)	2018/12	2019/12	2020/12	2021/09
Presentation Currency	1000TL	1000TL	1000TL	1000TL
Nature of Financial Statements	Consolidated	Consolidated	Consolidated	Consolidated
Current Assets	22.512.149	24.136.704	28.507.242	40.156.967
Non-current Assets	19.269.961	22.535.921	29.486.670	40.007.133
Total Assets	41.782.110	46.672.625	57.993.912	80.164.100
Current Liabilities	7.887.487	9.450.454	9.434.112	15.301.302
Non-current Liabilities	4.639.998	5.974.696	7.438.224	11.040.696
Total Liabilities	12.527.485	15.425.150	16.872.336	26.341.998
Equity Attributable to Owners of Parent	28.366.761	30.299.298	39.809.427	52.076.639
Non-controlling Interests	887.864	948.177	1.312.149	1.745.463
Total Equity	29.254.625	31.247.475	41.121.576	53.822.102
Total Liabilities and Equity	41.782.110	46.672.625	57.993.912	80.164.100
Statement of Profit or Loss and Other Comprehensive Income	2018/12	2019/12	2020/12	2021/09
Presentation Currency	1000TL	1000TL	1000TL	1000TL
Nature of Financial Statements	Consolidated	Consolidated	Consolidated	Consolidated
Revenue	27.015.254	27.465.185	32.048.029	43.060.307
Cost of Sales	-18.631.954	-22.454.025	-26.123.431	-26.789.372
Gross Profit (Loss) from Commercial Operations	8.383.300	5.011.160	5.924.598	16.270.935
Revenue from Finance Sector Operations
Cost of Finance Sector Operations
Gross Profit (Loss) from Finance Sector Operations	0
Gross Profit (Loss)	8.383.300	5.011.160	5.924.598	16.270.935
Profit (Loss) From Operating Activities	7.814.311	4.378.290	5.573.200	15.601.696
Profit (Loss) Before Financing Income (Expense)	7.682.374	4.456.996	5.646.228	15.604.524
Profit (Loss) from Continuing Operations, Before Tax	8.630.677	5.067.384	5.657.525	16.376.685
Profit (Loss) from Continuing Operations	5.844.721	3.494.207	3.509.790	11.262.795
Profit (Loss) from Discontinued Operations
Net Profit (Loss)	5.844.721	3.494.207	3.509.790	11.262.795
Profit (Loss) Attributable To, Non-controlling Interests	246.731	177.680	200.697	459.014
Profit (Loss) Attributable To, Owners of Parent	5.597.990	3.316.527	3.309.093	10.803.781
Other Comprehensive Income (Loss)	7.134.342	3.388.946	7.180.270	7.969.533
Total Comprehensive Income (Loss)	12.979.063	6.883.153	10.690.060	19.232.328
Total Comprehensive Income Attributable To, Non-controlling Interests	457.866	269.431	399.733	689.614
Total Comprehensive Income Attributable To, Owners of Parent	12.521.197	6.613.722	10.290.327	18.542.714

1-) Find which account has the highest value among current assets and which account has the highest value among non-current assets.

2-) Write one transaction, of your own, related to one of these accounts. Make a transaction analysis then make journal entries and ledger recordings.

Please write clearly and don't handwritten.

Lesson: Financial Accounting

TL (Turkish Liras)

the year of the questions is 2020.