GENERAL ACCOUNTING TUTORIALS ESMATA 2023/2024
MASTERY OF CONCEPTS
1- Define the following terms:
Financial accounting, account, balance sheet, patrimony, Economic flow
1- What are the mandatory financial statements of the revised SYSCOHADA
2- State the double entry principle
3- What are the mandatory accounting books?
EXERCISE 1 : CASE OF COMPANY COGENI SA
Consider the elements of the balance sheet of COGENI SA as at 31/12/2022. Capital 15,000,000 Fcfa;
Softwares 750,000 Fcfa; equipment 350,000 Fcfa; goods 250,000 Fcfa; clients 150,000 Fcfa; furniture
600,000 Fcfa; loans 1,000 000 Fcfa; bank 900,000 Fcfa; cash 200,000 Fcfa; Giro bank 750,000 Fcfa; suppliers
500 000 Fcfa; State VAT due 100,000 Fcfa; reserves 50,000 Fcfa and retained earnings
Work Required:
1) Present the balance sheet and calculate the result
2) Calculate net patrimony by two different ways
EXERCISE 2: CASE OF COMPANY DONFACK
The different positions of the DONFACK Company are as follows as of 12/31/2020
- Goodwill 100 000 - transport equipment 150 000
- Capital 600 000 - stock of goods 100 000
- Loan 300 000 - Cutomer receivable 80 000
- Construction 400 000 - Cash deposited in the bank 50 000
- Computer equipment 120 000 - Cash in hand 5 000
- Office equipment 30 000 - Supplier Payable 135 000
Work Required:
1 Present the balance sheet of the company DONFACK as of 12/31/2020
2 Calculate its result by two different ways
EXERCISE 3: CASE OF BITOMO COMPANY
The balance sheet of the BITOMO company as of 12/31/2021 is as follows :
- Capital 5,000,000 - customers 575,000
- Office supplies 1,675,000 - furnitures 3,100,000
- Supplier 2,500,000 - bank 2,500,000
- Goodwill 200,000 - Cash 1,450,000
- Stock of goods 1,145,000 - Giro bank 875,000
- Loan - reserve
3,000,000 270,000
- State 360,000
Work Required :
1 Present the balance sheet of the company BITOMO as of 31/12/2021 and calculate its result.
M. MIOCNOU DIDIER Page 1 sur 3
GENERAL ACCOUNTING TUTORIALS ESMATA 2023/2024
EXERCISE 4: CASE OF THE EMMA COMPANY
During the month of June 2017, company EMMA carried out the following transactions:
June 6: transfer of cash to the bank account 300,000 F cfa
June 10: withdrawal of funds from the bank to supply the cash account 150,000F
June 14: supplier payment by bank cheque 200,000Fcfa
June 20: purchase of goods by bank cheque 700,000 F cfa
June 25: customer payment by bank cheque 250,000 f cfa
June 26: sales of goods, payment ½ on credit ½ in cash (350,000)
June 28: payment of the rent in cash 300,000 fcfa.
Work required
1 Draw the flow diagram
2 Draw an analysis in sources and applications
Exercise 5: Case of SIMS company
The account balances of the Bois du Sud company on 31/12/2016 are as follows:
- Industrial buildings 8,050,000 - Customers 743 00
- Capital 6,000,000 - Suppliers 1,086 00
- Rents 1,1750,000 - Cash 162,000
- Office supplies 580,000 - Taxes and rates 610,000
- Borrowings 4,200,000 - Transport 540,000
- Goods 2,230,000 - Office equipment 1,300,000
- reserves 300,000
Work required:
1 which accounts are not included in the balance sheet
2 Use the accounts to present the balance sheet of SIMS on 31/12/2016.
3 Calculate the net situation of this business in 2 ways.
EXERCISE 6: CASE OF THE COMPANY LE CANARD LIBERATED
LE CANARD libre is a commercial enterprise located in the suburbs of Yaoundé. During the month of June
2016, it carried out the following transactions:
June 5: sale of goods to Diallo for 1,500,000 FCFA, payment 700,000 FCFA in cash and the rest on credit.
June 7: purchase by bank cheque of industrial equipment 980,000 FCFA
June 10: paid by cheque to the carrier AMIGO Voyages 100,000 FCFA for freight costs.
June 14: paid in cash the electricity bill to ENEO 256,000 FCFA
June 20: received a loan from SGBC in the amount of 4,000,000 FCFA
June 23: cash payment in the bank 200,000 FCFA
June 25: Payment to the supplier Gaby 156 000Fcfa bank cheque.
June 27: settlement of the debt of the DIALLO customer in cash
June 30: purchase of goods from the supplier TENE 4,000,000 FCFA of which ¼ on credit, the rest half in
cash and half by cheque.
Work required :
1 Make the flow diagram
2 Make an analysis in Employment and resources
M. MIOCNOU DIDIER Page 2 sur 3
GENERAL ACCOUNTING TUTORIALS ESMATA 2023/2024
EXERCISE 7: CASE OF NATOU AND SONS
The 1st January 2017, Mr TOUNA creates a company called “TOUNA et Fils establishment”. He brings the
following elements:
- Land 2,400,000 FCFA - Office equipment 600,000 FCFA
- Buildings 1,200,000 FCFA - Bank borrowing half of the buildings
- Amount deposited in the bank 650,000 FCFA - Suppliers 550,000 FCFA
- Goods represent the sum of customers and - Customers 1,500,000 FCFA
investment securities
- Capital 9,500,000 FCFA
- Travel documents 1,000,000 FCFA - Transport equipment is worth 1/3 land
Work required
1 Find the missing values of the elements of the balance sheet
2 Present the balance sheet of the TOUNA et Fils establishment on 1st January 2017
3 Calculate your net situation by two ways
EXERCISE 8: CASE OF COMPANY LYNNE
During the month of January 2017, the company carried out the following transactions:
- Customer payments in cash 1,500,000 FCFA
- Payment of cash in the bank 100,000 FCFA
- Purchase of raw materials 500,000F: Payment ½ by bank cheque and ½ on credit.
- Payment to the supplier in cash 150,000 FCFA
- Sale of goods in cash 800AZ,000 FCFA
Work required:
1 Analyze the transactions carried out during the month of January in the journal.
2 Present the general ledger in T. accounts
3 Present the balance with 6 columns
EXERCISE 9: CASE OF COMPANY SAM
Balance sheet
Assets Liabilities
Headings Amounts Headings Amounts
Land X Capital Z
Buildings 3 000 000 Loans 4 000 000
Fourniure 1 000 000 Suppliers 2 000 000
Goods 6 000 000 States VAT 500 000
Cash in bank 1 000 000
Cash at hand Y
Total 16 500 000 Total M
Work Required :
1 Complete the balance sheet of this company knowing that Cash represents 10% of Land.
2 Calculate the result.
M. MIOCNOU DIDIER Page 3 sur 3
