BALANCE SHEET AND INCOME STATEMENT - Accounting entries
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RELEASES: 1) Opening of a company with share capital of R$200,000, of which R$150,000 was paid in cash (cash and cash equivalents) and R$50,000 in real estate (fixed assets). 2) Cash purchase of inventory for R$30,000. 3) Cash purchase of a vehicle for R$60,000. 4) Installment purchase of inventory for R$18,000. 5) Obtaining a bank loan in the amount of R$20,000. 6) Cash sale of merchandise in the amount of R$65,000, whose total cost of merchandise sold is R$25,000. 7) Installment sale of merchandise in the amount of R$26,000, whose total cost of merchandise sold is R$10,000. 8) Advertising expenses in the amount of R$5,000, to be paid in the following fiscal year. 9) Payment of employee salaries of R$12,000. 10) Recognition and recording of depreciation of property and vehicle in the amount of R$1,500. 11) Appropriation of interest for the period on the loan in the amount of $ 200. ✅⚠️❗️❕BASIC ANIMATED ACCOUNTING COURSE ❕❗️⚠️✅ ????LINK TO PURCHASE: https://contabilidadeanimada.my.canva... ????LINK TO PURCHASE: https://contabilidadeanimada.my.canva... ????LINK TO PURCHASE: https://contabilidadeanimada.my.canva... TOPICS COVERED: WHAT IS ACCOUNTING ASSETS ASSETS EQUATION ARTICLES OF ASSOCIATION, SHARE CAPITAL BALANCE SHEET SOURCES AND APPLICATIONS INCOME STATEMENT EXERCISE DOUBLE ENTRY BOOKLET CALCULATION RESULT OF THE EXERCISE OF 100 SOLVED EXERCISES 30 INTERACTIVE SPREADSHEETS SUGGESTED VIDEOS: ???? Current Assets: • ASSETS (CURRENT AND NON-CURRENT) / LIABILITIES ... ???? Balance Sheet DRE AND DFC: • BALANCE SHEET + INCOME STATEMENT + FL ... ???? Costs and Expenses: • DIFFERENCES BETWEEN COSTS AND EXPENSES - ... ???? All Balance Sheet Accounts: • ALL BALANCE SHEET ACCOUNTS - ... ???? Depreciation Methods: • 3 DEPRECIATION Methods: LINEAR + ... Follow the channel for more studies on the financial market, stock exchange, book summaries and accounting. This channel is to record studies and share knowledge! Here on this channel you will find: Summary of the books I have read, main ideas learned. Several studies of Technical + Fundamental Analysis Dollar and index studies carried out on weekends Some academic articles read TradingView tutorials Accounting Concepts Advanced accounting concepts Analysis of companies' DF's (financial statements) Subscribe and follow!! It's just the beginning! ????????
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