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Work requested: complete both invoices. Exercise 2 (8pts) In the balance sheet as of December 31 of an individual operator ALPHA, the following information is
Work requested: complete both invoices. Exercise 2 (8pts) In the balance sheet as of December 31 of an individual operator "ALPHA", the following information is read following: Land of a valcur of ... ...10 000 000 frs Constructions with a value of... ...28 000 000 frs Automotive equipment with a value of ... ... 12 000 000 frs Stocks of goods with a value of ... ...6 000 000 frs A cash of ... 800 000 frs Claims on customers of... ...14 000 000 frs He further : Debts to the bank... ...20 000 000 frs 5000 000 frs Debts to its suppliers... 3000 000 frs Advances from customers of... It is observed that the assets amount to 70 800 000 frs, the debts to third parties amount to 28 000 000 frs and the difference gives the net position of the company which is still equal to the equity + profit. Work to be done: 1) Determine the net position of the ALPHA enterprise ; 2) Knowing that the result is equal to 1/10 of the net position, determine the value of equity and the value of the result; 3present the balance sheet of the ALPHA company
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