THE SOCIETY JOQUIN MURALLES AND CO. In C. WORKSHEET No.

67
Balances

No. Accounts Must News

1 Box Q 3,560.00
2 Banks Q 153,805.80
3 Lots Q 162,000.00
4 Buildings Q 378,000.00
5 Computer Equipment Q 40,532.00
6 Organizational Expenses Q 15,490.00
7 Merchandise Q 83,158.00
8 Social Capital Q 300,000.00
9 Clients Q 48,650.00
10 Office Salaries Q 112,200.00
11 Sales Room Salaries Q 90,000.00
12 Employer Contributions for Office Q 14,215.74
13 Employer Installments of Sales Room Q 11,403.00
14 Purchases Q 114,780.00
15 Suppliers Q 51,600.00
16 VAT Credit Q 3,654.00
17 Stationery and Supplies Q 6,210.00
18 Goods In Transit Q 90,860.00
19 Depre. Now. Buildings Q 37,700.00
20 Depreciation. Current. Computer Equipment Q 26,685.33
21 Accumulated Amortization Organization Expenses Q 6,196.00
22 Rentals Collected Q 12,500.00
23 Long-Term Mortgages Q 250,800.00
24 Expenses on Purchases Q 10,658.00
25 Sales Q 725,863.07
26 Dev Y Reb. About Purchases Q 4,810.00
27 Single Tax on Real Estate Q 3,645.00
28 Expenses Interest Q 38,904.66
29 Goods Sent on Consignment Q 3,000.00
30 Sales to be Made Q 3,000.00
31 Dev and Reb. About Sales Q 4,675.00
32 Income Tax Q 33,398.20
33 Legal Reserve Q 28,945.00
34 VAT Debit Q 6,890.00
35 Office Labor Benefits Q 18,700.00
36 Labor Benefits of Sales Room Q 15,000.00
37 ISR to be Paid on Purchases Q 8,240.00
38 ISR Withheld For Crediting On Sales Q 6,730.00
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41
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45
46
47
48
49
50
69
70
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72
73

Q 1,463,229.40 Q 1,463,229.40
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Calculation of the Income Tax (ISR)

Income Tax Payable
Legal Reserve
Profit after ISR and Reserve
 Settings Adjusted Balances Cost of

Debtor Creditor Deudor Acreedor Must

Q 3,560.00
Q 153,805.80
Q 162,000.00
Q 378,000.00
Q 40,532.00
Q 15,490.00
Q 83,158.00 Q 83,158.00
Q 300,000.00
Q 48,650.00
Q 112,200.00
Q 90,000.00
Q 14,215.74
Q 11,403.00
Q 114,780.00 Q 114,780.00
Q 51,600.00
Q 3,654.00
Q 6,210.00
Q 90,860.00
Q 37,700.00
Q 26,685.33
Q 6,196.00
Q 12,500.00
Q 250,800.00
Q 10,658.00 Q 10,658.00
Q 725,863.07
Q 4,810.00
Q 3,645.00
Q 38,904.66
Q 3,000.00
Q 3,000.00
Q 4,675.00
Q 33,398.20
Q 28,945.00
Q 6,890.00
Q 18,700.00
Q 15,000.00
Q 8,240.00
Q 6,730.00
Q - Q - Q 1,463,229.40 Q 1,463,229.40 Q 208,596.00
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and Sale Results Balance Sheet

News Loss Profit Activo Pasivo

Q 3,560.00
Q 153,805.80
Q 162,000.00
Q 378,000.00
Q 40,532.00
Q 15,490.00
Q 78,645.00 Q 78,645.00
Q 300,000.00
Q 48,650.00
Q 112,200.00
Q 90,000.00
Q 14,215.74
Q 11,403.00

Q 51,600.00
Q 3,654.00
Q 6,210.00
Q 90,860.00
Q 37,700.00
Q 26,685.33
Q 6,196.00
Q 12,500.00
Q 250,800.00

Q 725,863.07
Q 4,810.00
Q 3,645.00
Q 38,904.66
Q 3,000.00
Q 3,000.00
Q 4,675.00
Q 33,398.20
Q 28,945.00
Q 6,890.00
Q 18,700.00
Q 15,000.00
Q 8,240.00
Q 6,730.00
Q 83,455.00 Q 342,141.60 Q 738,363.07 Q 991,136.80 Q 720,056.33
Q 125,141.00 Q (396,221.47) Q 271,080.47

Q 135,540.24

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ADJUSTMENTS OF EXERCISE No. 67

31/12/2019

CODE ACCOUNT MUST NEWS

P# 1 Depreciation of Vehicles
Depreciation of Furniture and Equipment in Sales Room
Depreciation of Furniture and Office Equipment
Depreciacion Inmuebles Sala de Venta
Depreciation of Office Buildings
Amortization of Organization Expenses
Depreciation. Now. Vehicles
Depreciation. Current. Furniture and Equipment
Deprec. Now. Real estate
Amort. Currently. Organization Expenses
Reg, Depreciations and Amortization of Law. Q - Q -
P# 2 12/31/2019
EQUAL SUMS Q - Q -
 Value Kilometers
CALCULATIONS Value Q. Routes
of waste

Vehicles
Furniture and Equipment
Sales Room
Offices

Real estate
Sales Room
Offices

Organization Expenses
Useful Life of
Routes Depreciation
 THE SOCIETY JOQUIN MURALLES AND CO. In C.
Income Statement for the period from May 1 to December 31, 20

(Figures in Quetzals)

Income
Gross Sales
Returns and Discounts on Sales
Ventas Netas
Cost of Sales
Initial Inventory of Merchandise -
Purchases -
(+) Expenses on purchases -
(+) Freight on purchases -
Gross Purchases -
Returns and Discounts on Purchases -
Net Purchases -
Available Merchandise -
Final Inventory of Merchandise -
Cost of Sales
Gross Margin
Operating Expenses
Distribution Expenses
Sales Floor Salaries -
Sales Room Incentive Bonus -
Sales Room Bonus -
Employer Contributions Sales Room -
Expired Insurance Sales Room -
Discounts on Sales
Commissions on Sales -
Expired Rentals -
Expired Insurance -
Depreciation of Delivery Vehicles -
Depreciation of Furniture and Equipment in Sales Room -
Depreciation Real Estate Sales Room -
Depreciation of Machinery -
IUSI Sales Room - -
Administrative Expenses
Salaries of Administration -
Incentive Bonus Administration -
Administration Bonus -
Office Employer Contributions -
Bad Debts -
Expired Insurance Offices -
Oil Tax -
Various Expenses -
Various Administrative Expenses -
Consumed Packaging Material -
Stationery and Consumables -
Depreciation of Furniture and Office Equipment -
Depreciation of Computer Equipment -
Office Property Depreciation -
Amortization of organization expenses -
IUSI of Offices - -
Positive Operating Result
Financial Expenses
Interest Expense -
Loss in Currency Trading -
Positive Difference
Other Income
Rents Collected -
Collected Commissions -
Discounts on purchases -
Perceived Interests -
Profit from Currency Trading -
Profit Before Tax and Reserve
(-) Income Tax
Legal Reserve
Profit after Tax and Reserve
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 THE SOCIETY JOQUIN MURALLES AND CO. In C.
Balance Sheet as of December 31, 2019

(Figures in Quetzals)

ACTIVE
Current
Available
Cash and Banks
Exigible
Clients
Accounts Receivable
Discounted Documents
Realizable
Goods
Packing Material
No Current
Real estate
Accumulated Depreciation
Delivery Vehicles
Accumulated Depreciation
Furniture and Equipment
Accumulated Depreciation
Computer Equipment
Accumulated Depreciation
Machinery
Accumulated Depreciation
Organization Expenses
Accumulated Amortization
Sum of Assets
Passive
Current
Providers
No Current
Long-Term Payable Documents

NET WORTH
Authorized Capital
Sum of Net Worth and Liabilities
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 THE SOCIETY JOQUIN MURALLES Y CIA. In C.
Closing Entries

Pda. 1 -------------------- 31 - Dec - 2019 -------------------- MUST

Cost of Sales Q -
Purchases
Merchandise
Expenses on Purchases
Settlement of the sales cost accounts with a debit balance
Q -

Pda. 2 -------------------- Dec 31 - 2019 -------------------- MUST

Of. And Reb. S/ Purchases Q -

Merchandise Q -
Cost of Sales
Settlement of the sales cost accounts with a credit balance and recording of the
Final inventory of merchandise Q -

Pda. 3 -------------------- 31 - Dic - 2019 -------------------- MUST

Losses and Gains Q -

Administration Salaries
Sales Room Salaries
Incentive Bonus Administration
Sales Room Incentive Bonus
Employer Contributions Sales Room
Employer Contribution Administration
Discounts on Sales
Of. Y Rev. S/ Sales
Intereses Gasto
Miscellaneous Expenses

Cost of Sales
Settlement of accounts with a debit balance
Q -

Pda. 4 -------------------- Dec 31 - 2019 -------------------- MUST

Sales Q -
Interest Received Q -
Losses and Gains
Settlement of the credit balance income statement accounts
Q -

Pda. 5 -------------------- 31 - Dic - 2019 -------------------- MUST

Losses and Gains Q -

Income Tax
Legal Reserve
Profit After Tax and Reserve
 Accounting for the accounts that are credited Q -

Pda. 6 -------------------- 31 - Dic - 2019 -------------------- MUST

Suppliers
Creditors
Long-Term Mortgages
Documents Payable
Reserve for Bad Debts
Withheld ISR Payable according to Special Invoice
Withheld VAT Payable according to Special Invoice.
Depreciate. Now. Vehicles
Depreciation. Current. Real estate
Depreciation. Currently. Furniture and Equipment
Depreciation. Currently. Machinery

Depreciation. Now. Computer Equipment

Amort. Accum. Organization Expenses
Katherine Account Capital
VAT Payable
IGSS to be paid
ISR to be Paid
Legal Reserve
Profit after ISR and Reserve
Organization Expenses
Clients
Vehicles
Machinery
Real estate
Furniture and Equipment
Accounts Receivable
Merchandise
Computer Team
Rent Paid in Advance
Prepaid Insurance
Stationery and Supplies
Fuels and Lubricants
Foreign Currency Box
VAT Receivable
Cash and Banks
ISO for Accreditation
Quarterly ISR to be Credited
Closure of the General Balance Sheet accounts or equity accounts
the. Q -
 NEWS

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NEWS

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NEWS

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NEWS

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NEWS

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 THE JOQUIN MURALLES Y CIA. IN C.
Opening Moves

Pda. 1 -------------------- 01 - Ene - 2014 -------------------- MUST

Reopening of the Accounting La Estrella Valiente, S.A.

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 NEWS

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