Training Program: Subject:: Final Project
Training Program: Subject:: Final Project
Training program:
(To be fulfilled by the student)
Subject:
(To be fulfilled by the student)
Send to: [email protected]
Last Name/Surname:
Name:
ID/Passport:
Address:
Region:
Country:
Telephone:
E-mail:
Date:
Please use this format to submit your final work. The paper must follow all the
guidelines as instructed in order to obtain full credit.
Remember that our team of tutors is available for any questions regarding your
final work. You must present the final version of your work as no previous
corrections will be carried out. To submit the final project, students must use
the template below, with their answers written after each statement.
Arial 12 Font.
Margin: 2,5.
Your final project must be authentic and individual. Any work that has been
plagiarized or papers written by others or with the help of others are likely to be
failed. If this occurs for the second time, you will not be permitted to obtain your
degree.
Be aware that you are permitted a maximum of two submissions per subject. If
both projects do not meet the standards and fail, the student must pay the
corresponding fee to be evaluated again.
When writing your final project please use Microsoft Office, Adobe or Apache's
Open Office Writer tools (DOC, DOCX, ODT, PDF, etc.). Please consult your
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tutor when using a different format. Additional information about the software
will be needed.
ddmmyyyy_Subject_LastNameandName.pdf
Example:
11052019_StrategicManagement_ElsaMoore.pdf
The project should not exceed more than 18 pages, excluding the cover page,
bibliography and the appendix.
Evaluation Guidelines
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evaluated and taken into consideration as a bonus. This consist of:
bibliography, visual graphics, charts, independent studies carried out
by the student, external academic sources, articles of opinion, etc. All
sources, both printed and online, must be referenced according
to the APA regulations.
BACKGROUND
Once all the accounts have been coded, create the closing entry for the
company.
ASSETS LIABILITIES
Non-current assets Net equity
Intangible fixed assets: Equity capital:
Industrial Propriety 40.500 € Capital Social 3.000.000 €
Cumulative depreciation II -5.000 € Legal reserve 348.180 €
Tangible fixed assets: Profit and Loss 158.810 €
Constructions 3.900.000 €
ICT Equipment. 9.000 € Non-current liability
Long-term
Furniture 70.000 € debts
Transport 35.000 € Long-term debt to institutions. 710.000 €
Cumulative depreciation IM -122.000 €
Current liability
Short-term
Current Asset debts
Stock: Short-term debts to institutions. 38.000 €
Goods 62.000 € Suppliers 200.000 €
Impairment loses -1.150 € Creditors 3.560 €
Debtors:
Clients 236.200 €
Short-Term investments
Short-term investments (shares) 9.000 €
Liquidity:
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Banks 225.000 €
4.458.55
TOTAL ASSETS 0 € TOTAL LIABILITIES 4.458.550 €
IAS 16. Fixed Assets. We are a graphic arts company, and at the beginning of
2016, we acquired a new printer. The price of this printer was 25,000 euros.
The additional expenses of the purchase were as follows:
All operations have a 21% VAT (not included), and the payment of the amounts
is made by bank check.
During January, the assembly and installation of the new printer takes place,
which is in perfect working condition from February the 1st.
The useful life expectancy of the printer is estimated at 10 years, and its
amortisation will be carried out following the linear method. Additionally, at the
end of its useful life, the company will have to face the costs of dismantling and
rehabilitation of the place. Estimating said costs in 5,000 euros. Besides, said
machinery requires specialised weekly maintenance, amounting to 250 euros
per month.
Calculate:
IAS 36. Impairment of assets. We are a photo studio, and due to the increase
in work and staff, we have had to acquire three new cameras and accessories.
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The acquisition occurred in January 2018. The prices of the cameras are as
follows:
Calculate:
- The impairment loss of the asset at the end of 2020, taking into account
that the recoverable amount of the acquisitions is:
o Camera 1: 575 euros
o Camera 2: 1.500 euros
o Camera 3: 750 euros
o Accessories: 2.200 euros
IAS 38. Intangible Assets. On March 1, 2016, we obtained a patent for 7,500
euros.
At the close of the fiscal year, on December 31, 2016, the fair value of the
patent was 9,000 euros.
As of December 31, 2017, the fair value of the patent stands at 8,000 euros.
The criterion we use for valuation after the initial recognition of the asset is the
revaluation model.
Formulate:
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