Mansoor and Co.

We have visited Mansoor and Co. he is a dealer of Fertilizer (Urea,

Super Nitrate and Dap etc) which is situated near Par Hoti Mardan. We
told him that we are the students of MBA (AWKUM), come here for the
purpose of to know about your business and what is your current position
of your business.

After brief discussion with him he said that he had started his
business three years ago. He had purchased a land with a cost of Rs.
400,000 on cash, then he made a building with a cost of Rs. 300,000.
Then he purchased office equipments with a cost of Rs.50,000, and
purchased inventries with a cost of Rs. 200,000 paid Rs, 50,000 on cash
and issued a account payable. Then he had sold some inventries with a
cost of Rs. 15,000 which the customers had not get paid to him yet.
Salaraies expenses had occurred which he would have to pay Rs. 20,000.

His financail postion is as under

Mansoor and co.

Balance sheet

For the month of Dec 31, 2008

Assets Liabilites and owner

equity

Cash Rs. 30,000 A/P Rs.150,000

A/R Rs. 15,000 Salaries payable Rs. 20,000

Land Rs. 400,000 Total Liabilites

Rs. 170,000

Building Rs. 300,000 Owner Equity

Office EquipmentRs. 50,000 Capital Rs.

825,000

Invertries Rs. 200,000

 Total assest Rs. 99,5000 Total
Liabilites+O.E Rs. 99,5000