1.

1 Transactions related to treasury accounts

1/51. NUMERARUL SA has the following opening balances for treasury accounts, extracted from the trial balance in
December, N (lei): 501 Shares in affiliated entities 30.000, 5311 Cash in hand in lei 15.000, 5121 Cash at bank in lei
150.000. Transaction in December:
Analyze the transactions above and prepare the T-accounts for the treasury items.
02.12.N A transfer of lei 10.000 din from the cashiers desk into the bank account;
Withdrawal of cash from the cashiers desk
Decrease in cash, A Credit, 5311 Cash in hand in lei (petty cash in lei)
Increase in cash in transit, A + debit, 581 Internal transfers
581 = 5311 10.000
Deposit of cash into the bank account
Decrease in cash in transit, A Credit, 581 Internal transfers
Increase in cash, A + debit, 5121 Cash at bank in lei
5121 = 581 10.000

05.12.N A payment to a supplier of non-current assets in the amount of lei 50.000, from the bank account;
Payment of suppliers
Decrease in trade liabilities, L Debit, 404 Suppliers of non-current assets
Decrease in cash, A Credit, 5121 Cash at bank in lei
404 = 5121 50.000

07.12.N Collection of a lei 63.000 receivable from a customer, of which lei 3.000 based on a cash receipt, and
the rest into the bank account;
Collection of receivables
Decrease in trade receivables, A Credit, 4111 Customers, 63.000
Increase in cash, A + debit, 5311 Cash in hand in lei (petty cash in lei), 3.000
5121 Cash at bank in lei, 60.000
% = 4111 63.000
5311 3.000
5121 60.000

15.12.N Payment of lei 25.000 salaries in cash (the amount is transferred from the bank account into the
cashiers desk before the payment);
Withdrawal of cash from the bank account
Decrease in cash, A Credit, 5121 Cash at bank in lei
Increase in cash in transit, A + debit, 581 Internal transfers
581 = 5121 25.000
Deposit of cash into the cashiers desk
Decrease in cash in transit, A Credit, 581 Internal transfers
Increase in cash, A + debit, 5311 Cash in hand in lei (petty cash in lei)
5311 = 581 25.000
Payment of salaries
Decrease in employee liabilities, L Debit, 421 Employees salaries payable
Decrease in cash, A Credit, 5121 Cash at bank in lei
421 = 5311 25.000

2/51. CASH SRL has the following opening balances on March 1, as stated in the trial balance (lei) for the treasury
accounts: 5121 Cash at bank in lei 20.000, 5191 Short-term bank loans 6.000, 5311 Cash in hand in lei 600, 5124
Cash at bank in foreign currencies 4.200 (1.000 EURO x 4,20 lei/EURO). Transactions in March:
Analyze the transactions above and prepare the T-accounts for treasury items at the end of March.

01.03.N The entity receives a lei 15.000 short-term bank loan;

Increase in financial liabilities, L + Credit, 5191 Short-term bank loans
Increase in cash, A + Debit, 5121 Cash at bank in lei
5121 = 5191 15.000

05.03.N The entity records and pays a lei 1.000 interest related to the short-term bank loans;
Recognition of interest expenses
Increase in financial expenses, E + Debit, 666 Interest expenses
Increase in financial liabilities, L + Credit, 5198 Interest related to short-term bank loans
666 = 5198 1.000
Payment of interest due
Decrease in financial liabilities, L Debit, 5198 Interest related to short-term bank loans
Decrease in cash, A Credit, 5121 Cash at bank in lei
5198 = 5121 1.000

07.03.N The entity pays the bank lei 6.000, which is the value of an installment from a short-term bank loan
Repayment of a short-term bank loan
Decrease in financial liabilities, L Debit, 5191 Short-term bank loans
Decrease in cash, A Credit, 5121 Cash at bank in lei
5191 = 5121 6.000
12.03.N The entity collects Euro 6.000 from a customer; the exchange rate is lei 4.25/Euro, while at the time the
receivable was first recorded, the exchange rate was lei 3.80/Euro
Collection of receivables in foreign currencies
Decrease in trade receivables, A Credit, 4111 Customers (6.000 euro x 3.80 = 22.800 lei)
Increase in cash, A + Debit, 5124 Cash at bank in foreign currencies (6.000 euro x 4.25 = 25.500 lei)
Increase in financial revenues, R + Credit, 765 Foreign exchange gains (Revenues from foreign exchange rates) (25.500
22.800 = 2.700 lei)
5124 = % 25.500 lei
4111 22.800 lei
765 2.700 lei

30.03.N The entity withdraws lei 1.000 from the bank and deposits it into the cashiers desk, to be used for payments
to suppliers and salaries
Withdrawal of cash from the bank account
Decrease in cash, A Credit, 5121 Cash at bank in lei
Increase in cash in transit, A + debit, 581 Internal transfers
581 = 5121 1.000
Deposit of cash into the cashiers desk
Decrease in cash in transit, A Credit, 581 Internal transfers
Increase in cash, A + debit, 5311 Cash in hand in lei (petty cash in lei)
5311 = 581 1.000