Ejercicio de CONTABILIDAD Completo | Sin IVA | ✅ Fácil | Curso Contabilidad Básica #7

🔴 Private Online Accounting Classes. Class price: €20/hour (or purchase the 5-class package for €85, the class would be €17/hour); Includes: recording of each class. For more details, contact me via WhatsApp at +34 694 21 23 00. In this video, I show you an accounting exercise so you can practice different entries without VAT and with: General Ledger, Opening Balance Sheet, Opening Entry, Adjustment of Expenses and Income, Trial Balance Sheet, Closing Entry, and Closing Balance Sheet. To learn accounting with practical examples and complete exercises, I recommend only one book: PRACTICAL ASSUMPTIONS IN FINANCIAL AND CORPORATE ACCOUNTING, by Jesús Omeñaca García. You'll find it on Amazon: https://amzn.to/3H7LFww I bought it in physical form because I prefer to handle books more than on a tablet, but you can save a few euros on the Kindle version. #accounting #accountingentries #financialaccounting Table of Contents: 00:00 Accounting Exercise Statement 01:06 How to Prepare the Opening Balance Sheet 09:56 How to Prepare the Opening Entry 11:06 1. Purchase of Merchandise 15:59 2. Sale of Merchandise 19:31 3. Payment to a Supplier by Check 21:41 4. Reclassification of the Receivable 23:44 5. Purchase of Merchandise on Credit 24:56 6. Record a Bank-to-Cash Transfer 25:53 7. Record an Electricity Bill 27:26 8. Record the Purchase of Computers 30:50 9. Fixed Asset Bill of Exchange 32:47 10. Record Payment for Rent of Premises 33:50 11. Record Payment of Insurance 34:44 12. Accounting for consulting expenses 35:50 13. Accounting for customer collections 37:20 14. Accounting for revenue from premises rental 38:24 15. Accounting for revenue from transportation services 39:38 16. Inventory adjustment 41:14 General Ledger 42:30 How to prepare the Trial Balance of Sums and Balances 45:00 How to perform the Adjustment of expenses and income 48:07 How to make the Closing Entry in accounting 51:35 How to prepare the Final Balance Sheet