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    Advance Furniture Inventory Supplies Equipments Debtors Total Rent Transacti On Date Assets Cash

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    Sharad
    This document summarizes the financial transactions of a company from June 2004 to January 2010. It provides a breakdown of changes in the company's cash, advance, furniture, inventory, supplies, equipment, debtors, rent and total assets over time. It also shows the changes in the company's loan, creditors, operating expenses payable, stockholders' equity, retained earnings and total liabilities over the same period. The periodic inventory is noted, with the explanation that inventory would be recorded as a purchase and then transferred to an expense when items are sold.

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    Advance Furniture Inventory Supplies Equipments Debtors Total Rent Transacti On Date Assets Cash

    Uploaded by

    Sharad
    8 views5 pages
    This document summarizes the financial transactions of a company from June 2004 to January 2010. It provides a breakdown of changes in the company's cash, advance, furniture, inventory, supplies, equipment, debtors, rent and total assets over time. It also shows the changes in the company's loan, creditors, operating expenses payable, stockholders' equity, retained earnings and total liabilities over the same period. The periodic inventory is noted, with the explanation that inventory would be recorded as a purchase and then transferred to an expense when items are sold.

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    Original Title

    Balance Sheet.txt

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    © Attribution Non-Commercial (BY-NC)

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    This document summarizes the financial transactions of a company from June 2004 to January 2010. It provides a breakdown of changes in the company's cash, advance, furniture, inventory, supplies, equipment, debtors, rent and total assets over time. It also shows the changes in the company's loan, creditors, operating expenses payable, stockholders' equity, retained earnings and total liabilities over the same period. The periodic inventory is noted, with the explanation that inventory would be recorded as a purchase and then transferred to an expense when items are sold.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    8 views5 pages

    Advance Furniture Inventory Supplies Equipments Debtors Total Rent Transacti On Date Assets Cash

    Uploaded by

    Sharad
    This document summarizes the financial transactions of a company from June 2004 to January 2010. It provides a breakdown of changes in the company's cash, advance, furniture, inventory, supplies, equipment, debtors, rent and total assets over time. It also shows the changes in the company's loan, creditors, operating expenses payable, stockholders' equity, retained earnings and total liabilities over the same period. The periodic inventory is noted, with the explanation that inventory would be recorded as a purchase and then transferred to an expense when items are sold.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    of 5

    Rs 'lakhs

    ASSETS =
    Transacti
    on Date

    CASH

    06/20/04

    30000

    06/22/04
    03/01/10
    05/01/10
    07/01/10
    10/01/10
    31/1/10

    20000
    -6000
    -5000
    -27000
    40000

    31/1/10
    Totals

    ADVANCE FURNITURE

    INVENTORY

    SUPPLIES

    EQUIPMENTS DEBTORS

    RENT

    30000
    6000
    5000
    27000
    7000

    -900
    1700
    -5500
    -200
    -6000
    41100

    TOTAL

    20000
    0
    0
    0
    40000
    7000

    900
    -1700
    11000
    6000
    12000

    4200

    38000

    0
    7000 102300

    LIABILITIES
    LOAN

    STOCKHOLDERS' EQUITY

    CREDITORSCompleted wrkOPERATING EXPENSES


    EXPENSES

    PAYABLE

    EQUITY

    RETAINED

    CAPITAL +

    EARNINGS

    30000
    20000

    TOTAL

    30000
    20000
    0
    0
    0
    40000
    7000

    40000
    7000

    33000

    5500

    38500

    5500

    0
    0 135500

    200
    20000

    7200

    30000

    ASSETS =
    Transactio
    n Date

    CASH

    ADVANCE FURNITUREINVENTORY SUPPLIESEQUIPMENTSDEBTORS

    TOTAL

    RENT

    06/20/04

    50000

    50000

    06/22/04
    03/01/10
    05/01/10
    07/01/10
    10/01/10
    31/1/10

    0
    -6000
    -5000
    -27000
    40000

    0
    0
    0
    0
    40000
    7000

    6000
    5000
    27000
    7000

    -900
    -33000
    -5500

    31/1/10
    Totals

    12600

    900
    -1700

    -6000
    0

    op e
    supp
    interest
    rent
    depre
    RE

    4200

    11000

    -34700
    5500

    -1500

    -1500

    36500

    -6000
    60300

    Revenues
    47000
    Expenses
    33000
    1700
    200
    6000
    1500
    42400

    7000

    periodic inventory - create a sepa

    at the end of period they cunt hw


    stock will decrease from 5900 to

    4600

    LIABILITIES
    LOAN

    CREDITORS

    OE

    STOCKHOLDERS' EQUITYTOTAL
    OPERATINGEXPENSES

    EQUITY

    RETAINED

    EXPENSES PAYABLE CAPITAL + EARNINGS

    30000

    30000

    20000

    5500

    5500

    -200
    -1500

    -1700
    -27500
    0
    -1500

    -6000
    39300

    -6000
    60300

    -1700
    -33000
    200

    20000

    40000
    7000

    20000
    0
    0
    0
    40000
    7000

    -34700

    200

    30000

    periodic inventory - create a separate purchase account. I would not increase stock, I would increase purxhaseAfter sale 40. I transfer th
    at the end of period they cunt hw much stock left . So blance is used. So it gets converted from asset to expense
    stock will decrease from 5900 to 4200 so 1700 is expense

    urxhaseAfter sale 40. I transfer the sae 20 book inv 40

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