1. Exercise Bookholding - Solution - Prof. Dr. Klaus-Peter Franz

2. Düsseldorf Business School Solution: Exercise bookholding Seite 2 Prof. Dr. Klaus-Peter Franz Accounting records 1.Bank / Accounts receivable 850 2.Goods for resale / Accounts payable 720 3.Salaries / Cash 4.000 4.Business equipmemnt / Bank 900 5.Renting costs / Bank 1.000 6.Accounts payable / Bank 1.100 7.Liabilities / Bank 2.500 8.Bank / Renting income 200 9.Cash 1.500,00 / Trucks 1.000 Extraordinary income 500

3. Düsseldorf Business School Solution: Exercise bookholding Seite 3 Prof. Dr. Klaus-Peter Franz S Business equipment H OI 4. 9.000,00 900,00 EI 9.900,00 9.900,00 S Trucks H OI 2.000,009.1.000,00 EI 1.000,00 2.000,00 S Goods for resale H OI 8.000,00 2. 720,00 EI 8.720,00 8.720,00 S Accounts receivable H OI 6.000,001. 850,00 EI 5.150,00 6.000,00

4. Düsseldorf Business School Solution: Exercise bookholding Seite 4 Prof. Dr. Klaus-Peter Franz S Bank H S Cash H OI 7.000 1. 850 4. 9 00 5. 1.000 6. 1.100 7. 2.500 EI 2.350 7.850 OI 4.500 8. 200 9. 1.500 4. 4.000 EI 2.200 6.200 S Equity H EI 23.900OI 23.900 S Liabilities H 7. 2.500 EI 5.100 OI 7.600 7.600

5. Düsseldorf Business School Solution: Exercise bookholding Seite 5 Prof. Dr. Klaus-Peter Franz S accounts payable HS salaries H 6. 1.100 EI 4.620 OI 5.000 2. 720 5.720 3. 4.000IS 4.000 S Renting costs H 5. 1000 GuV 1.000 S Renting income H IS 200 8. 200 S extraordinary income H IS 500 9. 500

6. Düsseldorf Business School Solution: Exercise bookholding Seite 6 Prof. Dr. Klaus-Peter Franz Costs Income statement Income salary 4.000 rental costs 1.000 rental income 200 extraord. income 500 loss 4.300 5.000 Assets Final balance sheet equity/liabilities business equipment 9.900 trucks 1.000 Goods for resale 8.720 Accounts receivable 5.150 Bank 2.350 Cash 2.200 Loss 4.300 33.620 Equity 23.900 Liabilities 5.100 Accounts payable 4.620 33.620