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2) Prepare the Balance Sheet according to the normal model of the new PGC EXERCISE 4 (LESSON 3) The following list of accounts for Company Y Ltd is available at the end of 2008 Advances from customers 3 150 Short term debt with credit institutions 29 890 Accounts receivable, bill of exchange 118 600 Interest payable to credit institutions 600
QuickBooks in the Classroom – Lesson Exercises
QuickBooks in the Classroom – Lesson Exercises 7 A ‘Balance Sheet’ is: a A financial summary of a company over the past year b A financial snapshot of a company at a specific point in time c A summary of a company’s revenue and expenses d A summary of a company’s receipts and payments for a specific accounting period 8
Project-Based Learning for the Personal Finance Classroom
The student created a balance sheet that was complete Detailed information was provided for assets and liabilities (plus 10) The student attempted to create a balance sheet but they were not thorough (plus 5) The student did not attempt (0 points) The assignment was late (loss of one point per day) Total
QuickBooks in the Classroom – Lesson Exercises
QuickBooks in the Classroom – Lesson Exercises with Answers 7 A ‘Balance Sheet’ is: a A financial summary of a company over the past year b A financial snapshot of a company at a specific point in time c A summary of a company’s revenue and expenses d A summary of a company’s receipts and payments for a specific accounting period 8
Worksheet &# 5 Balancing Redox Reactions in Acid and Basic
Balance each redox reaction in basic solution using the half reaction method 13 O 2 + Cr3+ → H 2O 2 + Cr 2O 7 2-14 Te + NO 3 - → TeO 3 2-+ N2O 4 15 IO 3-+ Re → ReO
EXERCISES LESSON 6 0809 SOLUCIONADOS
EXERCISE 2 LESSON 6 Company ECPN, Ltd has published the following financial statements at the end of 200X BALANCE SHEET ASSETS 200X 200X-1 LIABILITIES 200X 200X-1 A) NON-CURRENT ASSETS 50 800 45 850 A) EQUITY 73 097 61 340 I Intangible assets 16 000 2 800 A-1) Shareholders' equity 69 597 59 100 5 Computer software
EXERCISES LESSON 4 0809 published
EXERCISE 4 (LESSON 4) - From exam of course 0708 Company X, Inc shows the following list of accounts in its adjusted trial balance at the end of year 2008 ACCOUNT AMOUNT Capital grants, donations and legacies transferred to income for the year 2,250 Change in inventory of goods for sale (*) ¿?
EXERCISES LESSON 7 0809 SOLUCIONADOS
CASH FLOW STATEMENT: LESSON 7 EXERCISE 1 LESSON 7 Company ABC, created at the beginning of 2007, had at the beginning of 2008 a working capital composed exclusively by cash The cash account had a balance of 4 000 € During 2008 the operations of the company have been the following:
Preparing simple consolidated financial statements
As a result of trading during the year, Pink Co’s receivables balance included an amount due from Scarlett of $4,600 What should be shown as the consolidated figure for receivables and payables? Receivables Payables $ $ A 80,000 112,000 B 75,400 112,000 C 74,000 103,600 D 75,400 107,400 Answer
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