So I need to do a trial balance sheet on these following things
Free wifi
Free parking
Breakfast buffet included
Meeting facilities
Lounge bar
Airport transfer
100 meters from public transportation
200 meters from Alte Holzbrueke
Daily Housekeeping
and,
also transactions
It's also a small hotel with 20 rooms, so make sure the assets and liabilities expenses/transactions are reasonable
ok the person who does it should be familiar how to balance the liabilities and assets and with the expenses
if we can add expenses like purchase returns discounts received sundry sales and miscellaneous receipts we will maximize our grades like see for ex: BS #5/chicos food operation. see BS #5
so basically I will have to explain my whole balance sheet so I need a presentaion speech as well. and my teacher also said to maximize the grade I can use and say the principles in my presentation, like for example I can explain in my transaction tab saying that these two expenses are the matchingg principle as they etc so that's why their the same price. etc staff food etc
can the person also tell me what to say? so pleae familiar witht the 12 general accounting principles
and also don't just do assets and liabilities and expenses/transactions just on the features of the hotel. as you can see in the examples, its way more. just make sure all my features are at least featured there.
and tell me what to say as like a presentation speech.
Company XX Company XX Base Accounts Section Group Account Description BClass Gr Opening USD Balance USD * BALANCE SHEET 1 ASSETS 1000 Cash 1 1 300.00 300.00 1010 Post office current account 1 1 1020 Bank 1 1 1 91,950.00 91,950.00 1100 Clients (accounts receivable) 1 1 10 Total Clients 1 1150 Prepaid taxes 1 1 1200 Inventory 1 1 9,300.00 9,900.00 1300 Transitory assets (prepaid expenses) 1 1 1310 China and Cutlery 1 1 18,300.00 18,300.00 1320 Furniture 1 1 37,500.00 37,500.00 1330 Kitchen Equipment 1 1 72,000.00 72,000.00 1340 Software 1 1 1350 Car 1 1 1360 Freehold Premise 1 1 330,000.00 330,000.00 1 TOTAL ASSETS 00 559,350.00 559,950.00 2 LIABILITIES 2000 Suppliers (accounts payable) 2 2 -17,850.00 -17,850.00 20 Total Suppliers 2 2100 Bank loan c/c 2 2 2110 Transitory liabilities 2 2 2120 Start-up capital (common stock) 2 2 -450,000.00 -450,000.00 2130 Private account 2 2 25,500.00 25,500.00 2200 Reserves 2 2 2300 Profit or loss brought forward (retained earnings) 2 2 -117,000.00 230 Profit or loss of the current year 2 -117,600.00 2 TOTAL LIABILITIES 00 -559,350.00 -559,950.00 * PROFIT & LOSS STATEMENT 4 REVENUE 4000 Income from services 4 4 4100 Income from sales 4 4 -648,300.00 4200 Sundry Receipts 4 4 -750.00 4 TOTAL REVENUE 02 -649,050.00 3 EXPENSES 3000 Purchase goods for resale 3 3 276,300.00 3001 Discounts Received 3 3 -2,400.00 3002 Purchase returns 3 3 -1,500.00 1/23/2020 -1- Company XX Base Accounts Section Group Account Description BClass Gr Opening USD Balance USD 3100 Salaries 3 3 150,600.00 3101 Staff Meals 3 3 18,000.00 3110 Social contributions 3 3 3120 Pension fund 3 3 3130 Accident insurance 3 3 3140 Health insurance 3 3 3200 Rent 3 3 28,500.00 3210 Upkeep machinery and appliances 3 3 3220 Car expenses 3 3 3230 Other insurances 3 3 3240 Professional charges 3 3 9,000.00 3250 Electricity 3 3 26,700.00 3260 Printing and Stationary 3 3 9,450.00 3270 Telephone, Fax 3 3 6,300.00 3280 Mailing fees 3 3 3290 Miscellaneous expenses 3 3 10,500.00 3300 Interest on bank loan 3 3 3310 Bank and current account fees 3 3 3320 Ammortize machinery and appliances 3 3 3330 Ammortize real estate 3 3 3340 Taxes 3 3 3 TOTAL EXPENSES 02 531,450.00 02 Profit(-) Loss(+) from Profit & Loss Statement 230 -117,600.00 00 Difference should be = 0 (blank cell) * CLIENTS/SUPPLIERS REGISTER 01 Clients CL.001 Company 1 1 10A CL.002 Company 2 1 10A CL.003 Company 3 1 10A 10A Total Clients 10 02 Suppliers SU.001 Company 1 2 20A SU.002 Company 2 2 20A SU.003 Company 3 2 20A 20A Total Suppliers 20 * COST AND PROFIT CENTERS 03 Division car expenses .PET Petrol CE 1/23/2020 -2- Company XX Base Accounts Section Group Account Description BClass Gr Opening USD Balance USD .INS Insurance, other fees CE .REP Repairs CE CE Total Division car expenses 1/23/2020 -3- Chico's Fast Food Accounting 1997 Chico's Fast Food Accounting 1997 Base Transactions Date Doc Description Debit A/C Credit A/C Amount GBP 12/31/97 From Trial Balance Electricity 3250 2300 26,700.00 12/31/97 From Trial Balance 3200 2300 28,500.00 12/31/97 From Trial Balance 2300 3001 2,400.00 12/31/97 From Trial Balance 2300 4200 750.00 12/31/97 From Trial Balance 3000 2300 276,900.00 12/31/97 From Trial Balance 2300 3002 1,500.00 12/31/97 From Trial Balance 3260 2300 9,450.00 12/31/97 From Trial Balance 3100 2300 150,600.00 12/31/97 From Trial Balance 3101 2300 18,000.00 12/31/97 From Trial Balance 3270 2300 6,300.00 12/31/97 From Trial Balance 2300 4100 648,300.00 12/31/97 From Trial Balance 3290 2300 10,500.00 12/31/97 From Trial Balance 3240 2300 9,000.00 12/31/97 Closing Stock Adjustment 1200 3000 600.00 1/20/2020 -1- Chico's Fast Food Accounting 1997 Chico's Fast Food Accounting 1997 Base Transactions Date Doc Description Debit A/C Credit A/C Amount GBP 12/31/97 From Trial Balance Electricity 3250 2300 26,700.00 12/31/97 From Trial Balance 3200 2300 28,500.00 12/31/97 From Trial Balance 2300 3001 2,400.00 12/31/97 From Trial Balance 2300 4200 750.00 12/31/97 From Trial Balance 3000 2300 276,900.00 12/31/97 From Trial Balance 2300 3002 1,500.00 12/31/97 From Trial Balance 3260 2300 9,450.00 12/31/97 From Trial Balance 3100 2300 150,600.00 12/31/97 From Trial Balance 3101 2300 18,000.00 12/31/97 From Trial Balance 3270 2300 6,300.00 12/31/97 From Trial Balance 2300 4100 648,300.00 12/31/97 From Trial Balance 3290 2300 10,500.00 12/31/97 From Trial Balance 3240 2300 9,000.00 12/31/97 Closing Stock Adjustment 1200 3000 600.00 1/20/2020 -1- Red Fox Hotel Accounting 2015 / 2016 Red Fox Hotel Accounting 2015 / 2016 Base Accounts Section Group Account Description BClass Gr Opening GBP Balance GBP * BALANCE SHEET 1 ASSETS 1000 Cash 1 1 38,000.00 38,000.00 1010 Post office current account 1 1 1020 Bank 1 1 1 -12,600.00 -12,600.00 1100 Clients 1 1 37,000.00 37,000.00 10 Total Clients 1 1150 Prepaid taxes 1 1 1200 Inventory 1 1 28,000.00 19,000.00 1300 Transitory assets 1 1 400.00 1310 Machinery and applicances 1 1 1320 Furniture and Fittings 1 1 30,000.00 30,000.00 1330 Computer 1 1 1340 Software 1 1 1350 Kitchen equipment 1 1 50,000.00 50,000.00 1360 Real Estate 1 1 300,000.00 300,000.00 1 TOTAL ASSETS 00 470,400.00 461,800.00 2 LIABILITIES 2000 Suppliers 2 2 -35,400.00 -35,400.00 20 Total Suppliers 2 2100 Bank loan c/c 2 2 2105 Advance Deposits 2 2 -5,000.00 -5,000.00 2110 Transitory liabilities 2 2 -2,600.00 2116 Customs & Excise 2 2 -22,000.00 -22,000.00 2120 Start.up capital 2 2 -200,000.00 -200,000.00 2130 Private account 2 2 3,000.00 2200 Reserves 2 2 2300 Profit or loss brought forward 2 2 -208,000.00 230 Profit or loss of the current year 2 -199,800.00 2 TOTAL LIABILITIES 00 -470,400.00 -461,800.00 * PROFIT & LOSS STATEMENT 3 EXPENSES 3000 Purchase goods for resale 3 3 248,000.00 3001 Purchase Returns 3 3 -5,000.00 3100 Salaries 3 3 124,000.00 3101 Staff Meals 3 3 10,000.00 3110 Social contributions 3 3 3120 Pension fund 3 3 3130 Accident insurance 3 3 1/20/2020 -1- Red Fox Hotel Accounting 2015 / 2016 Base Accounts Section Group Account Description BClass Gr Opening GBP Balance GBP 3140 Health insurance 3 3 3200 Rent 3 3 23,600.00 3210 Upkeep machinery and appliances 3 3 3220 Car expenses 3 3 3230 Other insurances 3 3 3240 Fees 3 3 3250 Electricity 3 3 19,600.00 3260 Office supplies 3 3 3270 Telephone, Fax 3 3 3280 Mailing fees 3 3 3290 Publicity 3 3 3300 Interest on bank loan 3 3 3310 Bank and current account fees 3 3 3320 Ammortize machinery and appliances 3 3 3330 Ammortize real estate 3 3 3340 Taxes 3 3 3 TOTAL EXPENSES 02 420,200.00 4 REVENUE 4000 Income from services 4 4 4100 Income from sales 4 4 -620,000.00 4200 Other income 4 4 4 TOTAL INCOME 02 -620,000.00 02 Profit(.) Loss(+) from Profit & Loss Statement 230 -199,800.00 00 Difference should be = 0 (blank cell) * CLIENTS/SUPPLIERS REGISTER 01 Clients CL.001 Company 1 1 10A CL.002 Company 2 1 10A CL.003 Company 3 1 10A 10A Total Clients 10 02 Suppliers SU.001 Company 1 2 20A SU.002 Company 2 2 20A SU.003 Company 3 2 20A 20A Total Suppliers 20 * COST AND PROFIT CENTERS 03 Division car expenses 1/20/2020 -2- Red Fox Hotel Accounting 2015 / 2016 Base Accounts Section Group Account Description BClass Gr Opening GBP Balance GBP .PET Petrol CE .INS Insurance, other fees CE .REP Repairs CE CE Total Division car expenses 1/20/2020 -3-