acco Beginning balance Business transactions Ending balance

unt POSITION Debit Credit Debit Credit Debit Credit

010 Land 50,000.00 0.00 0.00 0.00 50,000.00
020 Buldings 400,000.00 0.00 0.00 0.00 400,000.00
021 Machines 901,000.00 0.00 90,000.00 0.00 991,000.00
0290 Accumulated depreciation of buildings 0.00 80,000.00 0.00 20,000.00 100,000.00
0291 Accumulated depreciation of machines 0.00 101,000.00 0.00 9,000.00 110,000.00
100 Cash at bank 81,000.00 0.00 1,718,500.00 1,749,000.00 50,500.00
103 Foreign currency account 108,000.00 0.00 48,500.00 97,000.00 59,500.00
121 Accounts receivable 205,000.00 0.00 1,348,000.00 1,431,000.00 122,000.00
167 Interest receivables 0.00 0.00 8,000.00 0.00 8,000.00
221 Accounts payable 0.00 280,000.00 727,000.00 724,500.00 277,500.00
261 Income tax payables 0.00 0.00 0.00 0.00
269 Interest payable 0.00 0.00 0.00 14,000.00 14,000.00
270 Liabilities towards employees 0.00 70,000.00 840,000.00 830,000.00 60,000.00
310 Row material on stock 115,500.00 0.00 640,500.00 555,000.00 201,000.00
400 Raw material and material costs 0.00 0.00 546,000.00 546,000.00 0.00 0.00
411 Postal and telecomunication costs 0.00 0.00 9,000.00 9,000.00 0.00 0.00
430 Depreciation of property, plant and equipment 0.00 0.00 29,000.00 29,000.00 0.00 0.00
470 Wages and salaries 0.00 0.00 830,000.00 830,000.00 0.00 0.00
490 Allocation of costs to cost of conversion (cost of 0.00 0.00 1,315,000.00 1,315,000.00 0.00 0.00
production)
491 Allocation of management and administrative 0,00 0.00 99,000.00 99,000.00 0.00 0.00
overheads to expenses for the year
630 Finished goods 380,000.00 0.00 1,315,000.00 1,270,000.00 425,000.00
700 Costs of goods sold 0.00 0.00 1,270,000.00 1,270,000.00 0.00 0.00
704 Cost of management, selling costs and 0.00 0.00 99,000.00 99,000.00 0.00 0.00
administrative overheads
724 Interest expenses 0.00 0.00 14,000.00 14,000.00 0.00 0.00
733 Shortages 0.00 0.00 9,000.00 9,000.00 0.00 0.00
751 Sales revenues 0.00 0.00 1,348,000.00 1,348,000.00 0.00 0.00
773 Interest income 0.00 0.00 8,000.00 8,000.00 0.00 0.00
785 Revenues from charged rewards 0.00 0.00 2,000.00 2,000.00 0.00 0.00
790 Difference between income and expenses 0.00 0.00 - - 0.00 0.00
820/1 Profit or loss for the year before taxes 0.00 0.00 - - 0.00 0.00
910 Subscribed capital 0.00 1,150,000.00 0.00 110,000.00 1,260,000.00
920 Reserves prescribed by law 0.00 205,000.00 0.00 0.00 205,000.00
940 Retained earnings 0.00 234,500.00 0.00 0.00 234,500.00
943 loss for the current year 0.00 0.00 34,000.00 34,000.00
952 Liabilities for loans provided by banks 0.00 120,000.00 40,000.00 0.00 80,000.00

TOTAL 2,240,500.00 2,240,500.00 12,387,500.00 12,387,500.00 2,341,000.00 2,341,000.00

loss of the year should be put on debit side of account 943, and its ending balance should be placed also at debit side
Income statement of company "X" for year 2019

Sales revenues 1,348,000.00

Other operating revenues 2,000.00
Total operating revenues
Changes in the value of work in progess and
finished goods
Beginning inventories 380,000.00
Ending inventories 425,000.00
Change in inventories -45,000.00

Costs by nature: 1,414,000.00

Raw material and material costs 546,000.00
Postal and telecomunication costs 9,000.00
Depreciation of property, plant and equipment 29,000.00
Wages and salaries 830,000.00

Value adjustment/Impairment 0.00

Other business expenses 9,000.00
Total operating expenses

Financial revenues
Financial expenses

TOTAL REVENUES
TOTAL EXPENSES

Loss before taxation

Profit tax
Loss for the period
 account 751
other acccunts that start with 75 (that are not sales revenues) and accounts that start with 78
1,350,000.00 Sales revenues + Other operating revenues

account 630
Begining balance at account 630
Ending balance at account 630
increase of 45.000

accounts from group 40 - 48 (do not transfer accounts 490 i 491)

accounts of group 74
accounts of group 73
1,378,000.00 (Cost by nature + value adjusment/Impairment)+Other business expenses) - increase of invent

8,000.00 accounts of group 77

14,000.00 accounts of group 72

1,358,000.00 total operating revenues + financial revenues

1,392,000.00 total operating expenses + financial expenses

-34,000.00 Total revenues - total expenses

0.00 no profit tax because we have negative business result
-34,000.00 Loss for the period is equal to Loss before taxation since there is no profita tax.
nd accounts that start with 78

expenses) - increase of inventories (apsolute value) or + decrese of inventories (apsolite value)

no profita tax.
 ASSETS 0.1.3.6
position GROSS BOOK VALUE
mark POSITION VALUE ADJUSTMENT
A RECEIVABLES FOR SUBSCRIBED AND NON- 0.00 0.00
PAID CAPITAL

B LONG - TERM ASSETS

Land 50,000.00
Buldings 400,000.00 100,000.00
Machines 991,000.00 110,000.00
C SHORT - TERM ASSETS
Row material on stock 201,000.00 0.00
Finished goods 425,000.00 0.00
Accounts receivable 122,000.00 0.00
Interest receivables 8,000.00 0.00
Foreign currency account 59,500.00 0.00
Cash at bank 50,500.00 0.00

D PREPAID EXPENSES AND ACCRUED INCOME 0.00 0.00

F TOTAL ASSETS

LIABILITIES AND CAPITAL 2, 9

position GROSS BOOK VALUE
mark POSITION VALUE ADJUSTMENT
A CAPITAL AND RESERVES
Subscribed capital
Reserves prescribed by law
Retained earnings
loss for the current year

B PROVISIONS

C LONG - TERM LIABILITIES

Liabilities for loans provided by banks

D SHORT - TERM LIABILITIES

Accounts payable
Income tax payables
Interest payable
Liabilities towards employees

E DEFFERED SETTLEMENTS OF CHARGES AND

INCOME OF FUTURE PERIOD

F TOTAL CAPITAL AND LIABILITIES

NET BOOK
VALUE
0.00
account 070

1,231,000.00 class 0
50,000.00
300,000.00
881,000.00
866,000.00 class 3,6,1
201,000.00
425,000.00
122,000.00
8,000.00
59,500.00
50,500.00

0.00 accounts 19

2,097,000.00

NET BOOK
VALUE
1,665,500.00 accounts of group 90-94
1,260,000.00
205,000.00
234,500.00
-34,000.00 negative number because it is loss

0.00 accounts of group 96

80,000.00 accounts of group 95

80,000.00

351,500.00 class 2
277,500.00
0.00
14,000.00
60,000.00

0.00
accounts 29

2,097,000.00