Report Delivery 01/03/2021
INDIVIDUAL REPORT (BASIC ACCOUNTING THEORY I)
DEFINITION OF ACCOUNTING
Types of accounting.
Importance of accounting.
Usefulness of accounting.
SMEs IN VENEZUELA:
What are SMEs in accounting.
How to know if a company is a SME
How many SMEs are there in Venezuela.
DEFINITION OF ENTITY.
Definition
Classification
Elements
ACCOUNTING CYCLE
What is the accounting cycle?
Stages of the accounting cycle
Importance of the accounting cycle
BOOKS OF ACCOUNTS.
Definitions of accounting books
characteristics of accounting books
Most Used Accounting Books in Venezuela.
THEORY AND PRACTICE
REPORTINDIVIDUAL (BASIC ACCOUNTING THEORY I) PRACTICAL EXERCISE WHERE IT SHOULD BE
IDENTIFY IN EACH CASE THE ACCOUNTS OF ASSET, LIABILITY, AND EQUITY.
UNIT II: EQUATION OF EQUITY
Assets are resources owned by an entity that are expected to provide future economic benefits.
What are the Accounting Accounts.
Mandatory use of accounting accounts.
Classification of accounting accounts.
Definition of the Equity Equation.
Examples of the Patrimonial Equation.
Mathematics I: It aims to train students capable in the administrative area with logical knowledge.
for problem resolution, this subject will take into account the topics of:
1. Functions.
2. Limits of a function.
3. Resolution of logical situations in the workplace.
To achieve this, the virtual platform will be taken into account and complemented with YouTube videos, which will serve for the
practical phase of the student, in addition to complementing and solidifying prior knowledge.
PRACTICAL EXERCISE
In this exercise, we will determine the wealth mass (Asset, Liability
The heritage) includes the following assumptions:
A client owes a company the invoices from the last 3 months. The
The total amount of the debt is 5,490,000.00 BsS
2- The partners of the company 'A.T.V., S.A.' had to contribute
100,000,000 BsS of capital to found it.
3- The company "J.V. A, C.A." that is engaged in the transportation of goods,
has acquired 5 trucks valued in total for the exercise of its activity
75,000,000.00 BsS
4- The company START, C, A. is going through financial problems and
You have an outstanding payment of 12,150,500.00 BsS to your suppliers.
5- A company that is dedicated to the construction sector
currently 3 mortgages, of which the amount pending payment is still
5,000,000.00 BsS
6- The company 123, C, A. has had to allocate from the profit obtained.
5,000,000.00 BsS to legal reserve and has also decided to allocate it as well.
1,000,000.00 BsS of the benefit to voluntary reserves.
7- The company MILLA C.A. owes the payrolls for the month of December.
workers. This amount totals 11,500,000.00 BsS
8- A company buys computers worth 2,500,800.00 BsS.
use them in their offices.
9- Upon completion of the financial exercise, the company's accountant
it determines that the benefit obtained from it is 300,000,000.00 BsS