TECHNICAL UNIVERSITY OF MACHALA

ACADEMIC UNIT OF BUSINESS SCIENCES

FACULTY OF ACCOUNTING AND AUDIT
ENGLISH PROJECT

MEMBERS:

INGRID LISSETTE ESPINOZA CARPIO

CAROLINA ORDOEZ MUOZ
EDUARDO PALOMEQUE GARCES
LEIDY SISALIMA PINDO
KERLY VALLES QUEZADA

TEACHING: LCDO. GARY BAZURTO

LEVEL: 5TO NIGHT ACCOUNTING AND AUDIT

PARALLEL: A
DATE: 28 DE AUGUST 2015

SCHOOL YEAR
2015

TECHNICAL UNIVERSITY OF MACHALA

ACADEMIC UNIT OF BUSINESS SCIENCES

FACULTY OF ACCOUNTING AND AUDIT

ENGLISH PROJECT
MEMBERS:

INGRID LISSETTE ESPINOZA CARPIO

CAROLINA ORDOEZ MUOZ
EDUARDO PALOMEQUE GARCES
LEIDY SISALIMA PINDO
KERLY VALLES QUEZADA

LEVEL: 5TO NIGHT ACCOUNTING AND AUDIT

PARALLEL: A
DATE: 28 DE AUGUST 2015

BALANCE SHEET
ASSETS

LIABILITIES

BANK
12000.00
PREPAID TAXES
18000.00
EXPENSES OF CONSTITUTION
8000.00

SUPPLIERS
14000.00
ANTICIPATED CUSTOMER
8000.00
NOTES PAYABLE
12500.00
TOTAL LIABILITIES
34500.00
OWNERS EQUITY

TOTAL ASSETS
38000.00

TOTAL EQUITY
3500.00
TOTAL LIABILITIES AND EQUITY
38000.00

ASSETS
BOX
24000.00
ACCOUNTS RECEIVABLE
18000.00
PREPAYMENTS
11000.00
ORGANIZATION SPENDING
8400.00

LIABILITIES
NOTES PAYABLE
12000.00
EMPLOYER TO PAY OBLIGATIONS
8000.00
MORTGAGE PAYABLE
2000.00

TOTAL LIABILITIES
22000.00
OWNERS EQUITY

TOTAL ASSETS
61400.00

TOTAL EQUITY
39400.00
TOTAL LIABILITIES AND EQUITY
614000.00

ASSETS

LIABILITIES

CASH OR CASH EQUIVALENT

26000.00
ACCOUNTS RECEIVABLE
23250.00
BUILDING
7000.00

ACCOUNTS PAYABLE
12500.00
MORTGAGE PAYABLE
9500.00
ANTICIPATED CUSTOMER
14250.00
TOTAL LIABILITIES
36250.00
OWNERS EQUITY

TOTAL ASSETS
56250.00

TOTAL EQUITY
20000.00
TOTAL LIABILITIES AND EQUITY
56250.00

ASSETS

LIABILITIES

BANK
19250.00
COMPUTER EQUIPMENT
11250.00
EXPENSES OF CONSTITUTION
2500.00

ACCOUNTS PAYABLE
12520.00
TAX PAYABLE
9000.00
RESERVE FOR PAYING FUNDS
9250.00
TOTAL LIABILITIES
30770.00
OWNERS EQUITY

TOTAL ASSETS
33000.00

TOTAL EQUITY
2230.00
TOTAL LIABILITIES AND EQUITY
33000.00

ASSETS
BOX
28300.00
ACCOUNTS RECEIVABLE
12250.00
OFFICE EQUIPMENT
8000.00

LIABILITIES
SUPPLIERS
14000.00
ANTICIPATED CUSTOMER
8000.00
VAT PAYABLE
800.00
TOTAL LIABILITIES
22800.00
OWNERS EQUITY

TOTAL ASSETS
48550.00

TOTAL EQUITY
25750.00
TOTAL LIABILITIES AND EQUITY
48550.00