Financial Accounting Assignment - A035

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Smoky Valley Caf

Balance Sheet
As on December 16, 1946
Liabilities
Capital
Mortgage
Creditors
Net Income

Total
Assets
Cash
Total Assets
Land
Building
Development
Equipment
Additional Equipment
Accumulated Depreciation
Supplies
Deposits

Total

6400
10800
92.01
-988.02

16303.99
75.13
16000
2500
10500
2000
1000
415.95
-322.09
100
35

16303.99

Smoky Valley Caf


Income Statement
As on December 16, 1946
Income
Cash
Balance
Additional Equipment
Total Assets
Land
Building
Development
Equipment
Accumulated Depreciation

Total Income
Expenditure
Capital
Mortgage
Creditors

Total Expenditure

75.13
100
415.95
16000
2500
10500
2000
1000
-322.09

16303.09
6400
10800
92.01

17292.01

Contribution to capital
Mrs. Bevan
Mr. Maywood
Mrs. Maywood

2400
2000
2000

Total Loss
988.92

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