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Chapter 9 Assignment
Chapter 9 Assignment
Chapter 9
Assignment
Exercise 1
Required:
- Record all journal entries that result from the following information in the journal of MONCHAN for the
accounting years 20X1, 20X3 and 20X4 (including end-of-period entries, if needed). The closing date of
the accounting year is December 31st .
- For this building complete the extracts of the financial statements 20X4 of MONCHAN.
Acquisition value at the end of the period ................................................. 8191P Xxxxxxxxxxxxxxxxx .................................
Revaluation surpluses at the end of the period ......................................... 8251P Xxxxxxxxxxxxxxxxx .................................
Depreciation and amounts written down at the end of the period ..........
8321P Xxxxxxxxxxxxxxxxx .................................
Depreciation and amounts written down at the end of the period ..........
8321 ..................................
NET BOOK VALUE AT THE END OF THE PERIOD ............................................. (22) ..................................
Acquisition value at the end of the period ................................................. 8195P Xxxxxxxxxxxxxxxxx .................................
Revaluation surpluses at the end of the period ......................................... 8255P Xxxxxxxxxxxxxxxxx .................................
Depreciation and amounts written down at the end of the period ..........
8325P Xxxxxxxxxxxxxxxxx .................................
Depreciation and amounts written down at the end of the period ..........
8325 ..................................
NET BOOK VALUE AT THE END OF THE PERIOD ............................................. (26) ..................................
Nr. C-cap 4
INCOME STATEMENT
Exercise 2
Required:
- Record all journal entries that result from the following information in the journal of MONCHAN for the
accounting years 20X1, 20X3 and 20X6 (including end-of-period entries, if needed). The closing date of the
accounting year is December 31st.
- What balances related to this machine are to be found in the financial statements 20X5 and 20X6 of
MONCHAN?
INCOME STATEMENT
C-cap
Nr. FINANCIAL STATEMENTS 20x5 6.3.2
Acquisition value at the end of the period .................................... 8192P xxxxxxxxxxxxxxxxx ..............................
INCOME STATEMENT
C-cap
Nr. FINANCIAL STATEMENTS 20X6 6.3.2
Acquisition value at the end of the period .................................... 8192P xxxxxxxxxxxxxxxxx ..............................