Posting with T-accounts - close T-accounts, calculate payment amount and create final balance sheet + solution!

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Herr Tafelschwamm

Published on Dec 29, 2023
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Task 1C deals with closing the accounts and determining the tax burden and equity. When preparing the final balance sheet, remember that only the inventory accounts are listed there, since the profit and loss accounts are offset against each other in the P&L account and then affect the equity. #bwl #accounting #booking #taccounts #shouldhave #simplyexplained #learningvideo #mrtablesponge ___________________________ 00:00 Introduction 00:26 Task 01:11 Solution Part 1 - Closing inventory accounts and creating SBK 07:57 Solution Part 2 - Closing profit and loss accounts and creating P&L account 13:42 Solution Part 3 - Closing VST / UST and determining the payment liability 17:26 Solution Part 4 - Creating the final balance sheet and determining the EK ____________________________ I really hope that this video has helped you to understand the topic better ๐Ÿ™‚ Since I am certainly not infallible, I am always grateful for praise and criticism so that I can do it either just as well or even better next time ๐Ÿ˜‰ If you have any topic requests because you have a class assignment or an exam coming up or you just want to know more about a specific topic, please write to me in the comments under the videos or directly by message on Instagram: @herrtafelschwamm / herrtafelschwamm You will find a few playlists attached that could also help you. I will gradually expand the playlists, as I still have countless videos in my head that I would like to implement ๐Ÿ˜‰ Videos on external accounting / posting records and posting on T-accounts: โ€ข Basics of external accounting... Exercises on external accounting as preparation for class tests: โ€ข Exercises on external accounting... Videos on cost and performance accounting (KLR): โ€ข Cost and performance accounting - From the... Videos on business administration: procurement and warehousing: โ€ข Business administration: procurement and warehousing - V... Videos on business administration: financing and investment โ€ข Business administration: investment and financing - A...

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