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  • Peter Trading Statement of Financial Condition As of December 31

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    Kristel Anne Roquero Balisi
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    Peter Trading's statement of financial condition for the year ending December 31, 2015 shows total assets of $320,686, with current assets including $106,633 in cash, $9,503 in accounts receivable, and $69,550 in merchandise inventory. Non-current assets include $10,550 in store equipment less $195 in accumulated depreciation. Total liabilities are $11,245 consisting of accounts payable, percentage tax, and expanded withholding tax.

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    Peter Trading's statement of financial condition for the year ending December 31, 2015 shows total assets of $320,686, with current assets including $106,633 in cash, $9,503 in accounts receivable, and $69,550 in merchandise inventory. Non-current assets include $10,550 in store equipment less $195 in accumulated depreciation. Total liabilities are $11,245 consisting of accounts payable, percentage tax, and expanded withholding tax.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    11 views1 page

    Peter Trading Statement of Financial Condition As of December 31

    Uploaded by

    Kristel Anne Roquero Balisi
    Peter Trading's statement of financial condition for the year ending December 31, 2015 shows total assets of $320,686, with current assets including $106,633 in cash, $9,503 in accounts receivable, and $69,550 in merchandise inventory. Non-current assets include $10,550 in store equipment less $195 in accumulated depreciation. Total liabilities are $11,245 consisting of accounts payable, percentage tax, and expanded withholding tax.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 1

    Peter Trading

    STATEMENT OF FINANCIAL CONDITION


    As of December 31
    2015
    ASSETS
    CURRENT ASSETS
    Cash on hand and in banks
    Accounts Receivable
    Merchandise Inventory

    NON CURRENT ASSETS


    Store equipments
    less: Accumulated Depreciation
    TOTAL ASSETS
    LIABILITIES AND OWNER'S EQUITY
    CURRENT LIABILITIES
    Accounts payable-trade
    Other payables-percentage tax
    Other payables-expanded withholding tax

    2014

    106,633
    9503
    69550
    185,686

    150000
    15000
    135000
    320,686

    10550
    195
    500
    11245

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