Transaction Assets

description

Motor Interior Flex Wall Prepaid

Cash Furniture Premise AC 1 Inverter Pump Work Board Color Advertising

Umesh equity 200000

Sachin equity 200000
Debt from
Chetan 50000
Restaurant
Space Rent -100000 100000
Furniture -75000 75000
Interior Work -42000 42000
AC 1 -20000 20000
Inverter -15000 15000
Motor Pump -5000 5000
Flex Board -5000 5000
Wall Color -20000 20000
RM Inventory
AC 2
Prepaid
Advertising -10000 10000
Equipments -60000

Balances as on
31 July 2014 98000 75000 100000 20000 15000 5000 42000 5000 20000 10000

Bike -40000
Sachin
Drawings -50000
Loan 2 80000
Sales 2516000
Expenses -1652000
Interest -3000
o/s interest
o/s rent
accrued sales
repayment of
loan -30000

write off preop

expenses -5000 -20000 -10000
infusion of
capital 149400
Inventory-
Purchase -1065400
Inventory-
consume
Closing
balances 3000 75000 100000 20000 15000 5000 42000 0 0 0

Foot Notes

Sales Expenses Raw Material

Aug 186000 Rent 50000 500000
Sep-Apr 1520000 Staff Salar 35000 420000
Received f 310000 Gas 9000 108000
Received f 310000 Telephone 8000 96000
Accrued (fo 310000 Stationary 3000 36000
Received fo 190000 Transport 6000 72000
2826000 Electricity 35000 420000
RM 40% of g1065400
Rent outst 50000 100000

2817400
 Liabilities

RM Accrued Debt w/o Loan with o/s

Equipments Inventory AC2 Sales Bike Interest interest interest o/s rent

50000

30000
15000

60000

60000 30000 15000 0 50000 0 0 0

40000

80000

1800
100000
310000
 1145400 80000

-1130400

60000 45000 15000 310000 40000 50000 80000 1800 100000 80000

aw Material
Opening Balanc 30000
Purchases 1145400 Credit 80000
Closing Balance 45000 Cash 1065400
Consumption 1130400
 Equity Check

Notes
Payable Capital

200000 0
200000 0

borrowed Rs 80,000 from a local moneylender @18% p.a. the same day.
0
0 After completion of one year both friends wanted to know the performance and health o
0
0
0
0
0
0
30000 0
15000 0

0
0

30000 415000 0
0
0

-50000 0
0
2516000 0
-2782400 1130400
-3000 0
-1800 0
-100000 0
310000 0

-30000 0

-35000 0
 149400 0

-1130400 0

0 418200 0
a. the same day.

the performance and health of the business. On 31 July 2015 they found cash balance Rs 3000, raw materials in the store Rs
st
raw materials in the store Rs 45,000, creditors for raw materials Rs. 80,000 and interest paid to the money lender until then to
he money lender until then to be Rs 3000.
Balance Sheet Income
as on Statement for
Equity 31-Jul-14 31-Jul-15 1st Aug'14 - 31st Jul'15
Equity and
Reserves Sales 2826000
Cost of goods
Umesh 200000 sold 1130400
Sachin 215000 Gross profit 1695600
Operating
Net Loss -96200 expenses 1752000

Profit before
depn and
Total Equity interest
Capital 415000 -96200 (EBITDA) -56400
Non Current D&A & write-
Liabilities offs 35000

Profit before
Loan - interest and tax
Chetan 50000 50000 (EBIT/PBIT) -91400

Loan - Interest
Moneylender 80000 expenses 4800

Total long term Profit/ Loss

loans 465000 33800 before tax (PBT) -96200
Current
Liabilities

Loan - Notes
payable 30000 0
o/s rent 100000
o/s interest 1800

Creditor-RM 80000

Total short-term
liabilities 30000 181800

Total liabilities +
equity 495000 215600
Assets
Non-current
Assets
Furniture 75000 75000
 Security
Deposit 100000 100000
AC 35000 35000
Inverter 15000 15000

Motor Pump 5000 5000

Interior Work 42000 42000

Equipments 60000 60000
Bike 0 40000

Current Assets
Cash 98000 3000
Flex Board 5000 0
Wall Color 20000 0

RM Inventory 30000 45000

Accrued
Sales 0 310000
Prepaid
Advertising 10000 0
Total Assets 495000 730000

1800
3000
4800
-4800
Gross Margin Percentage 0.6

EBITDA/Operating Margin Percentage -0.01996

EBIT Margin Percentage -0.03234

EBT/Net Income Margin Percentage -0.03404