CASE STUDY 67

Analysis d Financial Asset 1364 6000 61

1200000
1500000 4,9000004
my 1st 2nd zag 8
1500000 90000 72000 54000 36000 1800
would 300000 0300000 300000 300000 300000

Present rate 390000 372000 354000 336000 318000

1354894 many rates 104

Initial Journal Entry Omar

Loan to
EmpÉÉÉÉ Ér 41100387
payggy 145106 9 116085

operant Prepaid Employee or insiogy

TO Bank 1500000

Of 1st 2nd 3rd I 5m

Opening loans 1354894 1100383 838421 568263 289090

Interest 107 135489 110038 83842 56826 28909

E Payments 390000 372000 3540001 9360007 3 8000

838421 568263 289090 NIL

1100383
w
 w Principal 261962
Interest 110038

Journal Entry at 1st yr End Alternatively Ican

Loan to Employee 4453789 Bank All
1 D 290000
To FinanceIncome P
4 135489 To FinanceIncome 135489
Y Banu Alc Dr 390000 To loan to Emp 254511
To loan to Employee fin.AM goooo
3 Employee Benefit Cost Dr 29021 Employee Benefit cost Dr 29021
prepaid employee
To asset
29021 To prepaid employee nor
4145106 sun 14510654ns

Extracts
1St
yr End balance sheet main palace sheet for Exam 1st yea Era
Non Current asset
Fingliffronee 1100383 Financial Asset
1354894 135489 390000 won to Employee 838421
Other Asset other Noncunned at
Prepaid Eap lost 85 Prepaid Employee
gyogy
1145106
eggnog Current asset
1195106 7047 Financial Asset
Wan to Employee 261962
195106
other Noncunned at
you
you
Prepaid Employee
you

Is
you
 10000042000 12000g
Investnet

I 12870
5100980

minded
17288 15000 20000 6000
poorer
Hypo 1920
245W
1000 200
AofInv7000050
25000 1000 show
6000 300
720,146000 TBgasuZorro
out You
145000
15000770918 DTL 2000730
Huey y
Ychanedrthlictflogotigray song
CAoflicf 3001
X
TRA Cia
30000 20000 50000 CA of tin GT1 flint

Ty
 CAofAsset 100000
Th YAH Joon
CA TD

X pyeloonrot
6
my
Prepaid
Y

Incenelm
BongJoon
I statutoryobligatory
FIE Peeper130
408

FO
W FA
A DTA 2400pct
ME
HE
45000
1500
30000

TE
Pne incorporation Epp

At The
l Aoffset 0 TayBaseofAsset 24000

DTA 24000 307 7200

pya
Tooting
 Bystreet

Assets

Noncurrent Assets
100000
Property MentIEgp 9100000
Financial asset

hog team loans Indu 440000 40000

Open MonCunney asset 950000

Capital Advance 50000 soooo
Comment Asset
Inventories 480000 80000
FinancialAsset
Investment 130000420000 50000
Trade Receivables 55000 55000
Cash 4115000 115000
26h4
open FA 951000 slow
Total Asset

Equity Iliabilites
Shayecapital 4100000 100000

Other Equity 9227500 7200 15000

420000 1000 6000 300 19201 245200

Noncurrent tick
Provision 425000 1000 24000

DTL 6000 720046000 3007 5100

Current liabilities
 Financial liabilities
a
Trade Payables 411000 11000

Other Financial liabilities 44500 15000 15000

150007
women bondent liabilities

foot statutory Dues 4150007 15000

Carpentry lid 9106500419207 125700