Читать книгу Management Accounting. Workbook 2 - Werner Seebacher - Страница 12
ОглавлениеAssignment of tasks
A new enterprise is to be founded. In the framework of the foundation the associates (shareholders) plan to make a capital contribution (cash deposit) amounting to 300,000 into the enterprise.
On the following page the so far completely empty elements, opening balance sheet, profit plan, finance plan and budgeted balance sheet of the enterprise to be founded, are presented.
Please, present in what way the foundation by capital contribution affects profit plan, finance plan and budgeted balance sheet of the enterprise.
Basic Data
Figure 13: Foundation of an Enterprise | Basic Data
Answer Form
Figure 14: Foundation of an Enterprise | Answer Form
Complete Answer Key Step 1-2/2
Figure 15: Foundation of an Enterprise | Complete Answer Key Step 1-2/2
The enterprise is founded with a capital contribution by the associates (shareholders). The associates (shareholders) invest equity capital to the amount of 300,000 into the enterprise. The investment of the equity capital is carried out through the item Capital Increase in the finance plan. (1)
Due to the payment of the equity capital of 300,000 a surplus of cash of 300,000 occurs in the finance plan. (2)
The two steps – step (1) (payment of equity capital) and step (2) (surplus of money resulting from the finance plan) – that are presented in the finance plan lead to the following effects in the budgeted balance sheet of the enterprise:
Due to the cash deposit of the shareholders the equity of the enterprise is increased from 0 to 300,000. (1)
Also, the bank account of the enterprise rises from 0 to 300,000 due to the surplus of cash in the finance plan. (2)
The cash contribution of equity has absolutely no effect on the profit plan.