We are providing you with the balance sheet of a Spanish company at the end of the year. The company carried out its accounting according to the PGC 2007. You have to analyse each of the items and specify which group of the Chart of Accounts they belong to and the specific coding that corresponds to it according to the Chart of Accounts of the General Accounting Plan to each entry.

Once all the accounts have been coded, create the closing entry for the company.

ASSETS

LIABILITIES

Non-current assets

Net equity

Intangible fixed assets:

Equity capital:

Industrial Propriety

40.500

Capital Social

3.000.000

Cumulative depreciation II

-5.000

Legal reserve

348.180

Tangible fixed assets:

Profit and Loss

158.810

Constructions

3.900.000

ICT Equipment.

9.000

Non-current liability

Furniture

70.000

Long-term debts

Transport

35.000

Long-term debt to institutions.

710.000

Cumulative depreciation IM

-122.000

Current liability

Current Asset

Short-term debts

Stock:

Short-term debts to institutions.

38.000

Goods

62.000

Suppliers

200.000

Impairment loses

-1.150

Creditors

3.560

Debtors:

Clients

236.200

Short-Term investments

Short-term investments (shares)

9.000

Liquidity:

Banks

225.000

TOTAL ASSETS

4.458.550

TOTAL LIABILITIES

4.458.550