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Income Statement

From:
To:
Total Income
Total Expenses
Net Profit / Loss

2009-03-01
2010-02-28
-20,990.00
19,005.00
1,985.00

Income
Category
current-interest
company-xyz-salary
allan-grey-growth

Amount
40.00
20,000.00
950.00
20,990.00

Expenses
Category
income-tax
house-bond-interest
house-maintenance
house-water-elec
insurance-medical
insurance-disability
insurance-vehicle
insurance-uif
medical
vehicle-loan-interest
vehicle-maintain
vehicle-misc
vehicle-fuel
vehicle-depreciation
mobile
bank-charges
groceries
entertainment
edgars-interest
clothes
gifts-spiritual
gifts-misc
sport
hobbies
holiday
sundry

Amount
4,900.00
5,000.00
70.00
450.00
1,500.00
180.00
380.00
100.00
925.00
130.00
825.00
1,000.00
350.00
115.00
1,650.00
350.00
20.00
180.00
500.00
150.00
30.00
200.00
19,005.00

Balance Sheet
Date:

2009-04-30
code

Current Assets
Long-term Assets
Total Assets

8,960.00
989,950.00
998,910.00

Total Liabilities
Total Equity
Total Equity & Liabilities

Current Liabilities
Long-term Liabilities
Total Liabilities

3,800.00
596,425.00
600,225.00

Current Assets
Current Liabilities
Working Capital

Total Assets
Total Liabilities
Net Worth

998,910.00
600,225.00
398,685.00

Issued Share Capital


Retained Earnings/Losses
Total Equity

396,700.00
1,985.00
398,685.00

Current Liabilities
Long-term Liabilities
Current Assets
Long-term Assets
Net Worth

-3,800
-596,425
8,960
989,950
398,685

Formulas
Currency Ratio
Leverage

2.358
1.496

600,225.00
398,685.00
998,910.00
8,960.00
3,800.00
5,160.00

Budget

Budget

Actual

Income
Expenses
Profit / Loss

From
2009-04-01
Budget
21,050.00
19,800.00
1,250.00

To
2009-04-30
Actual
20,990.00
19,005.00
1,985.00

Actual
40.00
20,000.00
950.00
20,990.00

Difference
(10.00)
(50.00)
(60.00)

Income
Category
current-interest
company-xyz-salary
allan-grey-growth

Budget
50.00
20,000.00
1,000.00

21,050.00

Expenses
Category
income-tax
house-bond-interest
house-maintenance
house-water-elec
insurance-medical
insurance-disability
insurance-vehicle
insurance-uif
medical
vehicle-loan-interest
vehicle-maintain
vehicle-misc
vehicle-fuel
vehicle-depreciation
mobile
bank-charges
groceries
entertainment
edgars-interest
clothes
gifts-spiritual
gifts-misc
sport
hobbies
holiday
sundry

Budget
5,000.00
5,000.00
200.00
500.00
1,500.00
200.00
400.00
100.00
100.00
1,000.00
100.00
1,000.00
1,000.00
300.00
100.00
1,500.00
500.00
200.00
500.00
200.00
100.00
300.00

19,800.00

Actual
4,900.00
5,000.00
70.00
450.00
1,500.00
180.00
380.00
100.00
925.00
130.00
825.00
1,000.00
350.00
115.00
1,650.00
350.00
20.00
180.00
500.00
150.00
30.00
200.00
19,005.00

Difference
100.00
130.00
50.00
20.00
20.00
100.00
75.00
(30.00)
175.00
(50.00)
(15.00)
(150.00)
150.00
(20.00)
20.00
50.00
(30.00)
100.00
100.00
795.00

Current Assets & Liabilities


Account
current
credit-card
cash
mtn-mobile
edgars
company-xyz

Budget

Actual
(1,310.00)
(400.00)
70.00
100.00
(1,540.00)

Difference
(1,310.00)
(400.00)
70.00
100.00
(1,540.00)

Long-term Assets & Liabilities


Account
allan-grey
house-bond
house
vehicle-loan
vehicle

Budget

Actual
950.00
2,000.00
1,575.00
(1,000.00)
3,525.00

Difference
950.00
2,000.00
1,575.00
(1,000.00)
3,525.00

Account Balances
Date:

2016-07-13

me

I'm the only owner of me

(396,700.00)

Equity Accounts

Long-term Accounts

Current Accounts

Allan Gray investment fund


House bond with ABC Bank
My house
My car loan with ABC Bank
My car - a VW Polo

398,685.00

allan-grey
house-bond
house
vehicle-loan
vehicle

Balance
8,690.00
(3,400.00)
270.00
(400.00)
200,950.00
(498,000.00)
700,000.00
(98,425.00)
89,000.00
(396,700.00)
-

393,525.00

Description
Current account with ABC Bank
Credit card account with ABC Bank
Cash in my wallet
MTN mobile phone account
Edgars clothing store account
Money owed to me by Company XYZ - where I work

5,160.00

Account
current
credit-card
cash
mtn-mobile
edgars
company-xyz

Income
Description
Interest on current account
Salary
Growth in Allan Gray investment

Date
2009-04-26
2009-04-30
2009-04-30

Amount
40.00
20,000.00
950.00

2009 Francois Viljoen. All rights reserved.

come
Added To
current: current
current: company-xyz
long-term: allan-grey

Income
income: current-interest
income: company-xyz-salary
income: allan-grey-growth

Expenses
Description
Bank charges
Shirt at Edgars
Groceries
New tube for mountain bike
Petrol
Replaced broken kitchen faucet
Movies
Car wash
Groceries
New cellphone battery
Gift to mom for birthday
Petrol
Traffic fine
Eat out
Water and electricity bill
MTN mobile account invoice for April
Bank charges on cash withdrawals
Groceries
Braai
Disability insurance
Interest on edgars account
Gift to missionary
Vehicle insurance
Interest on bond
Income tax
UIF deducted from salary
Estimated depreciation on VW Polo
Interest on vehicle loan
Medical aid

Date
2009-04-01
2009-04-03
2009-04-05
2009-04-07
2009-04-10
2009-04-12
2009-04-12
2009-04-13
2009-04-15
2009-04-15
2009-04-18
2009-04-21
2009-04-22
2009-04-22
2009-04-23
2009-04-25
2009-04-25
2009-04-25
2009-04-25
2009-04-28
2009-04-28
2009-04-28
2009-04-29
2009-04-30
2009-04-30
2009-04-30
2009-04-30
2009-04-30
2009-04-30

Amount
85.00
180.00
450.00
30.00
375.00
70.00
100.00
30.00
650.00
200.00
150.00
450.00
100.00
200.00
450.00
350.00
30.00
550.00
50.00
180.00
20.00
500.00
380.00
5,000.00
4,900.00
100.00
1,000.00
925.00
1,500.00

2009 Francois Viljoen. All rights reserved.

penses
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:

Expense
Taken From
bank-charges
current: current
clothes
current: edgars
groceries
current: credit-card
sport
current: cash
vehicle-fuel
current: current
house-maintenanc current: credit-card
entertainment
current: cash
vehicle-misc
current: credit-card
groceries
current: credit-card
sundry
current: credit-card
gifts-misc
current: cash
vehicle-fuel
current: current
vehicle-misc
current: cash
entertainment
current: cash
house-water-elec current: credit-card
mobile
current: mtn-mobile
bank-charges
current: current
groceries
current: credit-card
entertainment
current: cash
insurance-disabilit current: current
edgars-interest
current: edgars
gifts-spiritual
current: current
insurance-vehicle current: current
house-bond-intereslong-term: house-bond
income-tax
current: company-xyz
insurance-uif
current: company-xyz
vehicle-depreciati long-term: vehicle
vehicle-loan-interelong-term: vehicle-loan
insurance-medical current: company-xyz

Transfers
Description
Cash withdrawal
Cash withdrawal
Cash withdrawal
Salary payment
Credit card payment
Car loan payment
Bond payment
MTN account payment
Edgars account payment

Date
2009-04-04
2009-04-15
2009-04-23
2009-04-24
2009-04-29
2009-04-29
2009-04-30
2009-04-30
2009-04-30

Amount
200.00
300.00
200.00
13,500.00
2,000.00
2,500.00
7,000.00
350.00
300.00

2009 Francois Viljoen. All rights reserved.

nsfers
Into
current: cash
current: cash
current: cash
current: current
current: credit-card
long-term: vehicle-loan
long-term: house-bond
current: mtn-mobile
current: edgars

current:
current:
current:
current:
current:
current:
current:
current:
current:

From
current
current
current
company-xyz
current
current
current
current
current

Admin
Opening
Opening
Opening
Opening
Opening
Opening
Opening
Opening
Opening
Opening
Opening

Description
account
account
account
account
account
account
account
account
account
account
account

Date
2009-04-01
2009-04-01
2009-04-01
2009-04-01
2009-04-01
2009-04-01
2009-04-01
2009-04-01
2009-04-01
2009-04-01
2009-04-01

Amount
10,000.00
3,000.00
200.00
500.00
200,000.00
500,000.00
700,000.00
100,000.00
90,000.00

2009 Francois Viljoen. All rights reserved.

dmin
Debit
current: current
equity: me
current: cash
current: mtn-mobile
equity: me
current: company-xyz
long-term: allan-grey
equity: me
long-term: house
equity: me
long-term: vehicle

Credit
equity: me
current: credit-card
equity: me
equity: me
current: edgars
equity: me
equity: me
long-term: house-bond
equity: me
long-term: vehicle-loan
equity: me

Long-term Accounts

Current Accounts

Equity Accounts

Setup
Code
equity: me
equity:
equity:
equity:
equity:
equity:
equity:
equity:
equity:
equity:
current: current
current: credit-card
current: cash
current: mtn-mobile
current: edgars
current: company-xyz
current:
current:
current:
current:
current:
current:
current:
current:
current:
current:
current:
current:
current:
current:
long-term: allan-grey
long-term: house-bond
long-term: house
long-term: vehicle-loan
long-term: vehicle
long-term:
long-term:
long-term:
long-term:
long-term:
long-term:
long-term:
long-term:
long-term:
long-term:
long-term:

Name
me

current
credit-card
cash
mtn-mobile
edgars
company-xyz

allan-grey
house-bond
house
vehicle-loan
vehicle

Long-ter
Income Accounts
ense Accounts

long-term:
long-term:
long-term:
long-term:
income: current-interest
income: company-xyz-salary
income: allan-grey-growth
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
income:
expense: income-tax
expense: house-bond-interest
expense: house-maintenance
expense: house-water-elec
expense: insurance-medical
expense: insurance-disability
expense: insurance-vehicle
expense: insurance-uif
expense: medical
expense: vehicle-loan-interest
expense: vehicle-maintain
expense: vehicle-misc
expense: vehicle-fuel
expense: vehicle-depreciation
expense: mobile
expense: bank-charges

current-interest
company-xyz-salary
allan-grey-growth

income-tax
house-bond-interest
house-maintenance
house-water-elec
insurance-medical
insurance-disability
insurance-vehicle
insurance-uif
medical
vehicle-loan-interest
vehicle-maintain
vehicle-misc
vehicle-fuel
vehicle-depreciation
mobile
bank-charges

Expense Accounts

expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:
expense:

groceries
entertainment
edgars-interest
clothes
gifts-spiritual
gifts-misc
sport
hobbies
holiday
sundry

2009 Francois Viljoen. All rights reserved.

groceries
entertainment
edgars-interest
clothes
gifts-spiritual
gifts-misc
sport
hobbies
holiday
sundry

Setup
Description
I'm the only owner of me

Current account with ABC Bank


Credit card account with ABC Bank
Cash in my wallet
MTN mobile phone account
Edgars clothing store account
Money owed to me by Company XYZ - where I work

Allan Gray investment fund


House bond with ABC Bank
My house
My car loan with ABC Bank
My car - a VW Polo

Interest earned on money in my current account


My salary from company XYZ
Growth on my investment with Allan Gray

Income Tax
Interest on my house bond with ABC Bank
House maintenance
Water and electricity
Medical insurance (e.g. hospital plan)
Disability insurance
Vehicle insurance
Unimployment Fund
Medical expenses (excluding medical-aid)
Interest on my vehicle loan
Vehicle maintenance
Registration, RWC, speedfines, parking, carwash, etc.
Fuel for vehicles
Depreciation on vehicles
Mobile phone expenses
Bank charges

Food and general groceries


Movies, eating out, partying, etc.
Interest on my Edgars clothing account
Clothes
Tithing
Birthday, Christmas and other gifts
Sport expenses (club fees, bicycle tubes, etc.)
Hobbies
Holiday related expenses
Sundry expenses