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1. The company Saneamientos Gutiérrez, S.A., has made a purchase of raw materials on the 18th of
November of 20_0 that will be paid on January 2, 20_1.

a) On what date should the purchase be recorded? On November 18, 20_0

b) Based on what principle? Principle of accrual.

2. Search in the account chart for the code that corresponds to the following elements:

a) Lands and natural assets. (210)

b) Bank accounts (572)
c) Purchases of other supplies. (602)
d) Indemnities. (641)
e) Insurance premiums. (625)
f) Constructions. (211)
g) Social capital. (100)
h) Creditors for service provisions. (410)
Short-term fixed asset suppliers. (523)
j) Provision of services. (705)

3. Draft inventory no. 10 of the company J. Ramírez, located at 56 Pelícano Street.

Algete. As of December 31, 2021, its assets consist of the following elements:
templates that I have uploaded to Moodle)

Cash: €3,000
Money deposited in checking account:
Mercantil Bank: €1,000
Industrial Bank: 500€
The bank owes 5,000€ from a 2-year loan.
For the sale of goods, they owe you:
1,000€
Wool Trading: €1,500
oMateo Martínez: €750
Genres in warehouse:
60 pieces class A of 50 meters each at 4.50 €/meter.
40 pieces class B of 60 meters each at 3 €/meter.
30 pieces of class C at 60 meters each at 2.75 €/meter.

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INVENTORY No. 10 corresponding to … J. RAMÍREZ. With address at … C/ Pelícano 56, Algete (Madrid)……
You. Concept Price/Unit Partial Total
ACTIVE
Box 3000
Banks 1500
Mercantile Bank 1000
Industrial Bank 500
Clients 3250
Sunday Hernández 1000
Wool Trading 1500
Mateo Martínez 750
Inventory 26145
3000 Class A, 60 pieces of 50 meters each 4.5 13500
2400 Class B, 40 pieces of 60 meters/unit 3 7200
1980 Class C, 30 pieces of 60 meters each 2.75 5445

TOTALASSET 33895
PASSIVE
Debt with Caixa Bank for 2 years 5000

TOTAL LIABILITIES 5000

SUMMARY
ACTIVE 33895
PASSIVE 5000
LIQUID CAPITAL 28895 EUROS

I certify that the liquid capital of the company amounts to twenty-eight thousand eight hundred ninety-five euros.
December 31, 2021

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 4. D. Federico Delgado has a furniture manufacturing workshop located at 3 Alondra Street.
Alcobendas. On January 1, 2021, the assets of your company are composed of the following
elements:

He has €1,000 in cash and €1,500 in a checking account at BBVA.

- A premises used as a workshop valued at €120,000, of which €40,000 corresponds to the land.
To purchase this property, he took out a loan from BBVA for 10 years, of which 50,000€ remains to be repaid.

It also has an office at C/ Cormorán No. 15 in Alcobendas, valued at €90,000, of which

20,000 corresponds to the land.

He has a cutting machine worth €8,000. He owes the supplier of the machine €3,000.
months
In the office, you have the following items:
2 computer desks at €40 each.
2 swivel chairs at 60 €/each.
1 meeting table worth 150 €.
6 upholstered chairs for a total of 50 €/each.
1 filing cabinet worth 200 €.
2 computers at 400 € each.
1 laser printer worth €130.
The warehouse has the following materials:
5 solid wood boards at €30 each.
10 particle boards at €25 each.
25 meters of metal tube at 2€/meter.
It also has the following products in stock for sale:
18 kitchen furniture at 35 €/unit.
5 dining tables at 80 €/each.
12 chairs at 30 € each.
2 bedroom wardrobes at €90 each.
He owes the warehouse that supplies him with wood €2,500 and the supplier of the iron pipes €800.
The payment of the last electricity bill for an amount of 460 euros and the one for the phone is pending.
300 euros.
They owe them for the sale of furniture:
Aurelio Romero, 250 €.
Pedro Alonso, 170 €.
He/She has accepted two bills of exchange in favor of:
Anastasio Zamora, €1,800
Aurelio López
- He has requested a loan from BSCH for an amount of €30,000, to be repaid in 5 years.

It is requested:

a) Draft inventory no. 7.

b) Prepare the classified balance sheet by asset categories.

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INVENTORY No. 7 corresponding to …Mr. Federico Delgado. Residing at …C/ Alondra No. 3, Alcobendas (Madrid)…
You (plural) Concept Price/Unit Partial Total
ACTIVE
Box 1000
Banks 1500
BBVA Bank 1500
Workshop 120000
Building 80000
Land 40000
Office on C/Cormorán No. 15 Alcobendas 90000
Building 70000
Land 20000
Cutting machine 8000
Furniture 850
2 computer desks 40 80
2 swivel chairs 60 120
1 meeting table 150 150
6 upholstered chairs 50 300
1 File cabinet 200 200
Computer equipment 930
2 Computers 400 800
1 Laser printer 130 130
Raw materials 450
5 solid wood boards 30 150
10 particle boards 25 250
25 metal tube in meters 2 50
Inventories (Finished products) 1570
18 Kitchen Furniture 35 630
5 dining tables 80 400
12 Chairs 30 360
2 Bedroom wardrobes 90 180
Clients 420
Aurelio Romero 250
Pedro Alonso 170
0

TOTALASSETS 224720
PASSIVE
Loans with credit institutions 80000
Debt with Banco BBVA for 10 years 50000
Debt with BSCH for 5 years 30,000
Supplier cutting machine c/p 3000
Suppliers 3300
Wood supplier 2500
Iron pipe supplier 800
Suppliers, accounts payable 4100
Anastasio Zamora 1800
Aurelio López 2300
Creditors 760
Electricity 460
Phone 300
TOTAL LIABILITIES 91160

SUMMARY
ACTIVE 224720
PASSIVE 91160
LIQUID CAPITAL 133560 EUROS

I certify that the liquid capital of the company amounts to one hundred thirty-three thousand five hundred sixty euros.
January 1, 2021

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5. Consult the fifth part of the PGC SMEs, definitions and accounting relationships, and complete it in your
notebook the following sentences:

a) The group that includes the net equity and long-term external financing of the company
generally intended to finance non-current assets and to cover a reasonable margin of current assets, and
which also includes transitional financing situations, is called Basic Financing.

b) Group 5 includeslthe financial instruments for non-commercial operations, that is, for
operations unrelated to the traffic whose expiration, disposal or realization is expected to occur
within a period not exceeding one year and available liquid assets.

c) The group that includes the assets intended to be used durably in the activities of the
company, including financial investments whose maturity, disposal or realization is expected
it will occur within a period of more than a year, is called non-current asset.

d) The group that collects the assets owned to be sold in the normal course of operations, in
production process or in the form of materials or supplies, to be consumed in the process of
production or in the provision of services, it is called Inventory.
e) The group 6 includes the supplies of goods and other items acquired by the
company for reselling them, either without altering their form and substance, or after subjecting them to
industrial processes of adaptation, transformation or construction. It also includes all
exercise expenses, including the acquisition of services and consumable materials, the variation
of acquired inventory and other expenses and losses of the period.

6. Make the accounting entries in the Journal of the company Talleres Garrido, S.A., dedicated
to the repair of transport elements. Transfer the entries to the General Ledger related to the
following operations carried out in the year 202_:
The company is established on January 3 with a contribution from the partners of €65,000 that they deposit.
in the company's checking account.
March 1, 202_
65,000 (572) Bank current accounts Social capital 65,000
a (100)

On January 10, they purchase machinery on long-term credit for €12,400 to carry out the
vehicle repairs.
10/01/202_

12,400 (213) Machinery

a (173) Long-term real estate suppliers 12,400

On January 12, they buy a computer for the office for €850 and two software programs for
amount of 560 € that they pay with a check.

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D 12/01/202_ H

850 (217) Equipment for processes

of information
560 (206) Software applications
a (572) Banks c/c 1 410

On January 17, they purchase spare parts on credit for €2700.

17/01/202_

2,700 (322) Spare parts

a (400) Suppliers 2,700

On January 23, they receive the invoice for the rent of the premises, amounting to €960, which they will pay on the 28th.
January by bank.
January 23, 202_

960 (621) Leases and fees

a (410) Creditors for service provision 960

On January 26, they repair a vehicle for €940, which they charge by bank transfer.
26/01/202_

940 (572) Banks c/c

a (705) Service provisions 940

On January 28, they pay the invoice of point e) via bank transfer. The bank charges them 3.
€ for making the transfer.
28/01/202_
960 (410) Creditors for benefits
of services
3 (626) Banking and similar services a (572) Banks current account 963

On February 4, they withdraw €1500 from the bank to have cash in the company.
04/02/202_

1500 (570) Box, euros Banks, checking account 1,500

a (572)

i) On February 6, they pay the annual insurance premium for the premises via bank, which amounts to €410.

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 26/01/202_

410 (625) Insurance premiums

a (572) Banks c/c 410

On February 14, they acquire a crane to remove broken down vehicles for the amount of €31,000;
1000 € in cash, half by bank transfer and the rest to be paid within 24 hours.
months.
14/02/202_
31,000 (218) Transport elements
a (570) Box 1,000
a (572) Banks c/c 15,000
a (173) Long-term real estate providers 15,000

On February 15, they invite a client to eat and pay the restaurant bill in cash, which amounts to
a 125 €.
15/02/202_
125 (627) Advertising, propaganda, and public relations
a (570) Box 125

On February 20, they receive the electricity bill for an amount of 205 €. The payment of these bills
is domiciled at the bank and is paid on the 25th of each month.
20/02/202_

205 (628) Supplies

a (410) Creditors for service loans 205
25/02/202_
205 (410) Creditors for loans
services a (572)) Checking accounts 205

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7. Rosana Gómez starts on April 1, 202_ a business dedicated to buying and selling
office furniture and performs the following operations:

(Record the transactions in the Journal and transfer the information to the Ledger).

On April 4th, it contributes €65,500 for the creation of the S.A., which is deposited in the bank.
04/04/202_
65,500 (572) Banks c/c Share capital 65 500
a (100)

On April 4, he buys study tables for €22,000. He pays €10,000 with a check and the rest in cash.
two months credit.
04/04/202_
22,000 (300) Merchandise
a (572) Bank accounts 10,000
a (400) Suppliers 12,000

On April 11, he acquires a computer, a printer, and a scanner for a total of €3,800.
€2000 in a check and the rest of the payment is deferred for 14 months.
11/04/202_
3,800 (217) Equipment for processes Bank current accounts 2,000
of information
a (572)
long-term real estate providers 1 800
16/04/202_

On April 16, withdraw €3000 from the bank and deposit it into the company's cash register.
16/04/202_
3,000 (570) Box Banks current account 3,000
a (572)

On April 29, he buys chairs for an amount of €1300, shelves for €2400, and cabinets.
file cabinets for 1500 €. The operation is carried out on credit for six months documented in
a bill of exchange.

29/04/202
5,200 (300) Merchandise a (401) Suppliers effects to be paid 5200

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 On May 3, he pays 850 € in cash for the publication of an advertisement in a newspaper.
03/05/202_
850 (627) Advertising, propaganda...
a (570) Box, euros 850

On May 10, sells merchandise for an amount of €19,000; collects half by

bank transfer and the rest on credit.
10/05/202_
9500 (572) Banks c/c
9500 (430) Clients a (700) Sale of goods 19000

On May 14, receives an invoice for the repair of the printer for the amount of €60; pays the
half in cash and the rest will be paid in two months.
14/05/202_
60 (623) Repairs and maintenance.
a (572) Box, euros 30
(410) Creditors for service provision 30

On May 26, you receive the phone bill amounting to 90 €. The payment of this receipt.
is domiciled at the bank and will be credited on May 31.
26/05/202_
90 (629) Other services
a (410) Creditors for service provision 90

31/05/202_
90 (410) Creditors for services rendered a (572) Banks c/c

On June 7, pay via bank transfer the amount you owe to the supplier of
apartadob)

07/06/202_
12000 (400) Suppliers
a (572) Banks c/c 12000

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 On June 18, she pays a worker's salary in cash for a total of €1560.
18/06/202_
1560 (640) Salaries and wages
a (570) Box, euros 1560

On June 21, the bank charges you €25 for the credit card fee you have requested.
06/21/202
25 (626) Banking services and....
a (572) Banks current account 25

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 On June 2, 202_ the company Simancas y Asociados, S.A. is established.
dedicated to the buying and selling of stationery items. The partners provide a premises.
valued at €125,000, of which they owe a financial institution €100,000 that
they will pay in 10 years; a transportation element valued at €18,000, and they enter in the
bank 18,000 €. Throughout the month of July, the following have been carried out
operations: (Register the operations in the Journal and transfer the information to the
general ledger.
On July 8, they purchase merchandise for €11,400, paying half with a check and
half on credit.
08/07/202_
11400 (600) Purchase of merchandise
a (570) Bank, checking account 5700
(400) Suppliers 5700

On July 12, they buy a computer valued at €1400 and a software.

management valued at €900, short-term credit operation.
12/07/202
1400 (217) EPI
900 (206) Computer applications a (523) Providers of the property c/p 1560

c) On July 16, they sell goods to another customer for €10,000, collecting €2,000.
in cash, €5000 through bank deposit and the rest on credit.
16/07/202_
2000
5000 (572) Banks c/c a (700) Sale of merchandise 10000

On July 17, €1500 is deposited into the checking account.

17/07/202_
1560 (640) Wages and salaries
a (570) Box, euros 1560

On July 22, they provide an occasional transportation service for which they charge 90.
€ on credit.
22/07/202_
1560 (640) Wages and salaries
a (570) Cash, euros 1560

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