Scribd Logo
Upload

Welcome to Scribd!

  • MNGT Balance Sheet

    Uploaded by

    jatinmakwana09
    5 views2 pages
    The balance sheet of Kim Fuller & Associates as of April 1, 2010 shows total assets of $277,000 including fixed assets such as a warehouse, old and new machines, computers, and trucks and trailers worth $162,000 and current assets including $50,000 cash in hand. Total liabilities are $277,000 with capital contributions from Fuller, Sister1, and Brother totaling $105,000, $30,000, and $30,000 respectively and a $112,000 bank loan. The profit and loss statement for 2010-11 shows total expenses of $197,770 including purchases, wages, utilities, and depreciation and net profit of $24,000 on total sales of $

    Original Description:

    Original Title

    Mngt Balance Sheet

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The balance sheet of Kim Fuller & Associates as of April 1, 2010 shows total assets of $277,000 including fixed assets such as a warehouse, old and new machines, computers, and trucks and trailers worth $162,000 and current assets including $50,000 cash in hand. Total liabilities are $277,000 with capital contributions from Fuller, Sister1, and Brother totaling $105,000, $30,000, and $30,000 respectively and a $112,000 bank loan. The profit and loss statement for 2010-11 shows total expenses of $197,770 including purchases, wages, utilities, and depreciation and net profit of $24,000 on total sales of $

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views2 pages

    MNGT Balance Sheet

    Uploaded by

    jatinmakwana09
    The balance sheet of Kim Fuller & Associates as of April 1, 2010 shows total assets of $277,000 including fixed assets such as a warehouse, old and new machines, computers, and trucks and trailers worth $162,000 and current assets including $50,000 cash in hand. Total liabilities are $277,000 with capital contributions from Fuller, Sister1, and Brother totaling $105,000, $30,000, and $30,000 respectively and a $112,000 bank loan. The profit and loss statement for 2010-11 shows total expenses of $197,770 including purchases, wages, utilities, and depreciation and net profit of $24,000 on total sales of $

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    BALANCE SHEET OF KIM FULLER & ASSOCIATES as on 1st APRIL 2010 Amount Amount in $ in $ LIABILITIES ASSETS CAPITAL: FULLER

    SISTER1 BROTHER BANK LOAN: FIXED ASSETS: WARE HOUSE OLD MACHINE NEW MACHINE COMPUTER TRUCK & TRAILERS CURRENT ASSETS: CASH IN HAND 277000

    105000 30000 30000 112000

    162000 13000 26000 1000 25000

    50000 277000

    PROFIT AND LOSS STATEMENT FOR THE PERIOD 2010-11 PARTICULARS To Purchase To wages & salaries To Electricity Bill To Petty Expences To Fuel Expences To Licencing Expences To Depreciation To Insurance Premium To Maintenance Cost To Interest On Loan By Net Profit $ (Dr.) 100000 By Sales 43800 12000 1200 4200 50 22700 9080 1200 6000 39770 240000 PARTICULARS $ (Cr.) 240000

    240000

    You might also like