Financial Accounting: Workbook to the 2nd topic

EXERCISE 2.1

Mark the correct answer by the cross. Define the appropriate item in detail !!!

Item / Fixed Assets / Current Assets / Accruals and prepaid amounts
Material
Buildings
Purchased licence
Semi-finished products
Bonds with 2 years maturity
Motor vehicles
Receivables from customers
Cash in bank
Work-in-progress
Ownership interests
Software (a.c. = CZK 115,000)
Finished products
Shares for sale (marketable)
Receivables for subscription
Bills of exchange to be collected
Cash on hand
Deferred expenses
Valuable rights
Advance payments made
Merchandise in store
Receivables from employees
Accrued revenue
Land
PC (a. c. = 39 900,- CZK)
PC (a. c. = 74 300,- CZK)
Accumulated depreciation-buildings
Stamps and vouchers
Research and development

EXERCISE 2.2

Mark the correct answer by the cross. Define the appropriate item in detail !!!

Item / Equity / Not-own capital / Accruals and prepaid amounts
Payables to suppliers
Short-term bank credit (loan)
Registered capital
Unpaid income taxes
Statutory reserve account
Bonds issued with 3 years maturity
Payables to employees
Long-term bank credit
Retained earnings deficit
Dividend to be paid
Retained earnings from previous years
Accrued expenses
Profit of current period
Deferred revenue
Other paid in capital - gift
Property tax to be paid
Allowance for enterprise risks
Amounts payable to partner
Share premium
Credits for discounted securities
VAT to be paid
Tax deductible allowances
Due to social security institutions
Advance payments received
Unpaid salaries and wages
Net income
Other reserves

EXERCISE 2.3

Mark the correct answer by the cross. Define the appropriate item in detail !!!

Item / ASSETS / LIABILITIES
F. A. / C. A. / Other / Equity / Not-Own / Other
Lorry
Statutory reserve account
Payables on suppliers
Receivables on customers
Legal capital
Merchandise in store
Work-in-progress
Other equity accounts
Payables on employees
Provisions onwarranty repair
Receivables on employees
Cash in bank
Deferred revenue
Receivables for subscription
Bonds issued with 6 months maturity
Bills of exchange to be collected
Deferred expenses
Retained earnings from prev. years
Shares for sale
Accrued expenses
Material on stock
Other amounts payable to partners
Loss of current period
Finished products
Personal computer,
a.c.=29,900 CZK
Share premium
Equipment,
a.c. = 600,000 CZK
Income tax to be paid
Buildings
Accrued revenue
VAT to be paid
Cash on hand
Bank loans
Software, a.c. = 65,000 CZK
Dividends to be paid
Other reserves
Advance payments received
Ownership interests
Advance payments made
Credits (loans) for discounted securities
Formation expenses
Accumulated amortization – software
Semi-finished products
Subsidies from the state budget
Due to health insurance institutions
Sole proprietor's account

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