These are the items in your accounting books, alphabetically ordered. Provide the Balance sheet and Income Statement formally organized and understand the meaning of every account. At the end of the year (31st Dec) 

SUBJECT: Economic And Financial Management

AIMS

Financial Statements: understanding and organization

DESCRIPTION OF THE ACTIVITY

These are the items in your accounting books, alphabetically ordered. Provide the Balance sheet and Income Statement formally organized and understand the meaning of every account. At the end of the year (31^st Dec)

	Account	Balance	This item belongs to…
1	Amortization of intangible assets	300	P&L
2	Banks (Money in the bank account)	33.563	Assets
3	Changes in inventory of raw materials (negative, expense)	200	P&L
4	Computer software (*)	1.900	Intangible assets
5	Current debt with financial institutions	12.000	liability
6	Depreciation of PPE	7.900	P&L
7	Furniture (*)	7.100	PPE
8	Independent professional services	1.700	P&L
9	Interest on loans	2.800	P&L
10	IT equipment (*)	3.000	PPE
11	Leases and royalties	9.000	P&L
12	Legal reserve	2.200	Net Equity
13	Motor vehicles	30.000	Assets
14	NC payables to suppliers of Fixed Assets	10.000	Liability
15	Other finance incomes	600	P&L
16	Other installations (*)	19.000	Assets
17	Payables for the rendering of services	14.300	Liability
18	Raw materials	1.800	Assets
19	Raw materials purchased	41.000	P&L
20	Repairs and maintenance	800	P&L
21	Revenues	100.000	P&L
22	Salaries and wages	50.000	P&L
23	Share capital	45.000	Net Equity
24	Social Security contributions paid for by the company	15.000	P&L
25	Social Security, payables	18.000	Liability
26	Suppliers (accounts payable)	45.100	Liability
27	Tax Authorities, payables	10.323	Liability
28	Trade receivables	29.560	Assets
29	Utilities	2.500	P&L
30	Volume discounts given to customers	400	P&L

(*) This is the net amount once accumulated amortization or depreciation have been subtracted.