Contabilidad: Balance General y Estado de Resultados

Study Notes

Activo Corriente: Represents current assets, including cash (5,000),accountsreceivable(5,000), accounts receivable (5,000),accountsreceivable(3,000), inventory (4,000),andprepaidexpenses(4,000), and prepaid expenses (4,000),andprepaidexpenses(1,000). Totaling $13,000.
Pasivo Corriente: Represents current liabilities, including accounts payable (2,000),short−termloans(2,000), short-term loans (2,000),short−termloans(1,500), and accrued taxes (500).Totaling500). Totaling 500).Totaling4,000.
Activo no Corriente: Represents long-term assets, including property, plant, and equipment (8,000),lessaccumulateddepreciationonbuildings(8,000), less accumulated depreciation on buildings (8,000),lessaccumulateddepreciationonbuildings(1,000), and machinery (5,000)lessaccumulateddepreciation(5,000) less accumulated depreciation (5,000)lessaccumulateddepreciation(500). Totaling $11,500.
Pasivo no Corriente: Represents long-term liabilities, including long-term loans ($3,000).
Patrimonio: Represents equity, including capital stock (7,000)andretainedearnings(7,000) and retained earnings (7,000)andretainedearnings(4,500).
Total Activo: The sum of all assets ($24,500)
Total Pasivo y Patrimonio: The sum of all liabilities plus equity ($24,500)

Ingresos: Revenue generated from sales (15,000)andotherincome(15,000) and other income (15,000)andotherincome(500). Totaling $15,500.
Costo de Ventas: Expenses directly related to producing goods or services ($6,000).
Gastos Operativos: Operating costs such as administrative and sales expenses ($9,000).
Gastos Financieros: Interest expenses and other financial costs ($500).
Utilidad Operativa: The difference between revenue and operating costs ($3,000)
Utilidad Antes de Impuestos: Profit before tax ($2,500).
Impuesto sobre la Renta: Taxes paid (30% of the profit before tax, $750).
Utilidad Neta: Final profit after all expenses ($1,750)