Meta AG is a pharmaceutical company specializing in veterinary products. For the following business transactions, decide from Meta AG's point of view whether period t1  is an in/outflow, income/expenditure and/or income/expense and also specify the respective amount.

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Chapter2: The Accounting Information System
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Meta AG is a pharmaceutical company specializing in veterinary products. For the following business transactions, decide from Meta AG's point of view whether period t1  is an in/outflow, income/expenditure and/or income/expense and also specify the respective amount.

If an entry is to be made in a cell in the tableau below, then only one (netted) amount must always be specified, e.g. income +60 and expense -40, then it must be specified: income +20). Enter the values with the appropriate signs in the table.

Sales tax is not relevant for task processing. The balance sheet date of Meta AG is 31.12.t1.

  • Meta AG takes out a  loan of € 12,000 from a bank.  
  • Meta AG acquires goods worth   € 11,900 gross in cash.  If a turnover threshold is exceeded,  the supplier then grants a bonus of 5,950 € by bank transfer.  
  • Meta AG sells goods with a book value of € 50,000 at a sales price of € 142,800 gross on target, whereby the buyer is granted a discount of 20%.  

 

 

Business transaction

Deposit (+) Withdrawal (-)

Revenue (+) Expenditure (-)

Income (+) Expenses (-)

1)

 

 

 

2)

 

 

 

3)

 

 

 

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