NO ASSETS LIABILITIES MONJURUL HAQUE’S

CASH ACCOUNTS SUPPLIE EQUIPMEN NOTES ACCOUNT CAPITAL

RECEIVABLE S T PAYABLE S
PAYABLE
Previou 4,00,000 1,50,000 50,000 5,00,000 4,20,000 6,80,000
s
Balance
1 1,40,000 -1,40,000
2 -2,70,000 -
2,70,000
3 3,00,000 3,40,000 6,40,000
4 -40,000 1,00,000 60,000
5 -2,75,000 -1,50,000 (Salary
Exp.)
-90,000 (Rent Exp.)
-35,000 (Ad. Exp)
6 -55,000 -55,000 (Drawing)
7 2,00,000 2,00,00
0
8 25,000 -25,000 (Utility Exp.)
Balance 4,00,000 3,50,000 50,000 6,00,000 2,00,00 2,35,000 9,65,000
0

TABULAR ANALYSIS OF TRANSACTIONS OF THE MONTH AUGUST, 2023

INCOME STATEMENT FOR THE MONTH OF AUGUST, 2023

REVENUE INCOME 6,40,000

LESS EXPENSE
SALARY EXP. 1,50,000
RENT EXP. 90,000
UTILITY EXP. 25,000
AD. EXP. 35,000
TOTAL EXP. 3,00,000
NET. INCOME 3,40,000

EQUITY STATEMENT FOR THE MONTH OF AUGUST, 2023

CAPITAL AT BEGINNNING 6,80,000

ADD. NET INCOME 3,40,000
TOTAL 10,20,000
DRAWING 55000
CAPITAL AT HAND 9,70,,000
 MOJURUL HAQUE
ATTORNEY AT LAW
BALANCE SHEET AS ON AUGUST, 2023

ASSETS
FIXED ASSETS:
EQUIPMENTS 6,00,000
CURRENT ASSETS:
CASH 4,00,000
ACCOUNTS RECEIVABLE 3,50,000
SUPPLIES 50,000
TOTAL CURRENT ASSETS: 8,00,000
TOTAL ASSETS: 1,40,0000
LIABILITIES & OE (OWNER’S EQUITY)
CURRENT LIABILITIES NIL
NOTES PAYABLE 2,00,000
ACCOUNTS PAYABLE 2,35,000
TOTAL LIABILITIES 4,35,000
CAPITAL AT HAND 9,65,000
TOTAL LIABILITIES & OWNER’S EQUITY 14,00,000

ALL AMOUNT ARE CALCULATED IN TAKA.