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Fsharumi Worksheet Yr.5
Fsharumi Worksheet Yr.5
Revenue Sales Less: Cost of Good Sold Inventory-Beg. Plus: Purchases Goods available for sale Less:Inventory-End Gross Profit Operating expenses Advertisement Gas and Lubricants Utilities Expense Supplies expense Repairs and Maintenance Salaries expense Employee's benefits Depreciation expense Bad debts expense Earnings before income tax Less: Income tax Net Income After Tax Less: 2,187,600.00 129,912.50 1,249,725.00 1,379,637.50 80,750.00
1,298,887.50 888,712.50
MKH Vinegar Manufacturing Enterprise Statement of Changes in Owner's Equity As of December 31, 2014
Hatori, Capital-Jan.1 Add: Net Income Additional Investment Total Less:Hatori, Withdrawals Hatori, Capital-Dec.31
MKH Vinegar Manufacturing Enterprise Statement of Financial Position For the Year Ended December 31, 2017
Current Assets Cash Accounts Recievable Allowance for uncollectible accounts Non-Current Assets Furniture and Fixtures Accumulated depreciation - F&F Tricycle Accumulated depreciation - tricycle Building Accumulated depreciation - BLDG. Land Inventory TOTAL ASSETS LIABILITIES AND OWNER'S EQUITY Liabilities Accounts Payable Accrued Income Tax Owner's Equity Hatori, Capital-Dec.31 TOTAL LIABILITIES AND OWNER'S EQUITY
187,458.75 62,144.43
249,603.18
411,861.20 661,464.37