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  • FA Sol

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    dungeon master
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    This document summarizes the balance sheet of a business as of a certain date. It lists assets, liabilities, capital and income. The major assets include land, buildings, furniture, debtors and inventory. Major liabilities include loans, creditors and outstanding expenses. Capital includes equity and retained earnings. Income includes commercial sales and retained earnings. The totals show assets of Rs. 2,180,250 and capital/equity of Rs. 554,000.

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    FA Sol (1)

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    This document summarizes the balance sheet of a business as of a certain date. It lists assets, liabilities, capital and income. The major assets include land, buildings, furniture, debtors and inventory. Major liabilities include loans, creditors and outstanding expenses. Capital includes equity and retained earnings. Income includes commercial sales and retained earnings. The totals show assets of Rs. 2,180,250 and capital/equity of Rs. 554,000.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    20 views6 pages

    FA Sol

    Uploaded by

    dungeon master
    This document summarizes the balance sheet of a business as of a certain date. It lists assets, liabilities, capital and income. The major assets include land, buildings, furniture, debtors and inventory. Major liabilities include loans, creditors and outstanding expenses. Capital includes equity and retained earnings. Income includes commercial sales and retained earnings. The totals show assets of Rs. 2,180,250 and capital/equity of Rs. 554,000.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 6

    Asset Liability Cap Income

    Sec Dep 50000 Equity 399400 Comm


    Sales
    Clos St
    Furniture 150000 Cred 65000 Ret Earn
    Acc dep -33750 Tailoring C 8500

    O/s Salary 8000


    Debtors 85000

    Pre Ins 2800

    Inv 100000

    Cash/Bank 126850
    Cash

    480900 81500 399400

    0
    Exp Asset Liability Cap
    Purch -560000 Sec Dep 50000 Equity
    1055000 Rent -119064 Draw
    112000 Tailoring -180200
    Salary -120000 Furniture 150000 Cred 75000
    Dep on fur -15000 Acc dep -48750 O/s Tail 6700 Profit
    Ins -2400
    Op stock -100000 O/s Salary 12000
    Oth Exp -16000 Debtors 157600

    54336
    Pre Ins 400

    Inv 112000

    Cash/Bank 78186
    126850
    -119064
    -116000
    -550000
    -182000
    982400
    -16000
    -48000

    499436 0 93700 0

    0
    78186
    399400
    -48000

    54336

    405736
    Asset Liability Cap Income
    Land 500000 Loan 525000 Equity 800000 Comm
    Sales
    Clos St
    Building 800000 Cred 125000 Ret Earn 520000
    Acc dep -120000

    O/s op exp 32000


    Debtors 220000

    Pre Ins 3000

    Inv 532000

    Cash/Bank 67000
    Cash

    2002000 682000 1320000

    0
    Exp Asset Liability Cap
    12000 Purch -719000 Land 500000 Loan 525000 Equity
    1132000 Op exp -112000 -125000 Draw
    630000 Int -32000
    Dep on co -3750 Building 800000 Cred 122000 Ret Earn
    Dep on bui -40000 Acc dep -160000 Profit
    Ins -9000
    Op stock -532000 O/s op exp 32000
    Debtors 280000

    326250
    Pre Ins 6000

    Inv 630000

    Cash/Bank 57000
    67000
    12000
    1072000 Computer 50000
    -722000 dep -3750
    -125000
    -32000 Prep Op Ex 21000
    -50000
    -12000
    -20000
    -21000 2180250 0 554000 0
    -112000
    0
    57000
    800000
    -20000

    520000
    326250

    1626250

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