???????????? Account Classification Exercise - Professor Rogerio Bacci - World Latest Movie, Series, Videos and Trailers | fetery.com

???????????? Account Classification Exercise

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Professor Rogerio Bacci

Published on Aug 21, 2018

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???????????? Exercise on Account Classification An entity presents, on 12/31/2010, the following account balances: Shares of Other Companies – For Immediate Trading 600.00 Treasury Shares 450.00 Asset Valuation Adjustments (debit balance) 1,350.00 Investments in Investment Funds with Daily Liquidity 3,900.00 Banks Account Movement 9,000.00 Cash 1,050.00 Share Capital 60,000.00 Customers – Due in March/2011 18,000.00 Customers – Due in March/2012 9,900.00 Customers – Due in March/2013 6,000.00 Accumulated Depreciation 13,200.00 Expenses Paid In Advance (insurance premium valid until December/2011) 450.00 Raw Material Inventory 7,500.00 Bank Financing (to be paid in 12 monthly installments of equal value, the first due in January/2011) 45,000.00 Suppliers 28,500.00 ICMS to Be Recovered 900.00 Property in Use 39,000.00 Taxes Payable (Due in January/2011) 9,600.00 Machinery 27,000.00 Works of Art 6,000.00 Equity Interest in Controlled Companies 21,000.00 Permanent Interest in the Capital of Other Companies 1,500.00 Legal Reserve 6,000.00 Capital Reserves 3,300.00 Vehicles 12,000.00 In the Balance Sheet, the balance of Current Assets is equal to: a) R$ 41,400.00 b) R$ 36,450.00 c) R$ 37,500.00 d) R$ 40,800.00 Watch the class on Treasury Shares ???? • Treasury Shares Learn about the Course on COSTS: Learn on a whiteboard!!! ???? http://bit.ly/custos_examecrc Success Always!!! Big Hug Professor Rogério Bacci

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