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  • Apsrick Hardware and Electronics: Balance Sheet

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    Heide
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    This balance sheet shows Apsrick Hardware and Electronics' assets and liabilities as of October 10, 2019. Their total current assets are PHP168,445 which includes accounts receivable of PHP815, cash of PHP-630, inventory of PHP9,500 and PHP125,435. Their total assets and liabilities are also PHP168,445, with shareholders' equity making up the bulk at PHP168,445 including an opening balance equity of PHP168,450 and retained earnings of PHP-5.

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    Balance Sheet

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    This balance sheet shows Apsrick Hardware and Electronics' assets and liabilities as of October 10, 2019. Their total current assets are PHP168,445 which includes accounts receivable of PHP815, cash of PHP-630, inventory of PHP9,500 and PHP125,435. Their total assets and liabilities are also PHP168,445, with shareholders' equity making up the bulk at PHP168,445 including an opening balance equity of PHP168,450 and retained earnings of PHP-5.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    4 views1 page

    Apsrick Hardware and Electronics: Balance Sheet

    Uploaded by

    Heide
    This balance sheet shows Apsrick Hardware and Electronics' assets and liabilities as of October 10, 2019. Their total current assets are PHP168,445 which includes accounts receivable of PHP815, cash of PHP-630, inventory of PHP9,500 and PHP125,435. Their total assets and liabilities are also PHP168,445, with shareholders' equity making up the bulk at PHP168,445 including an opening balance equity of PHP168,450 and retained earnings of PHP-5.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    APSRICK HARDWARE AND ELECTRONICS

    BALANCE SHEET
    As of October 10, 2019

    TOTAL
    Assets
    Current Assets
    Accounts receivable
    Accounts Receivable 815.00
    Total Accounts receivable PHP815.00
    Cash and cash equivalents -630.00
    Inventory
    Merchandise Inventory or Supplies 9,500.00
    Total Inventory 9,500.00
    Inventory Asset 125,435.00
    Merchandise Inventory or Supplies 33,325.00
    Total Current Assets PHP168,445.00
    Total Assets PHP168,445.00

    Liabilities and shareholder's equity


    Shareholders' equity:
    Net Income -5.00
    Opening Balance Equity 168,450.00
    Retained Earnings
    Total shareholders' equity PHP168,445.00
    Total liabilities and equity PHP168,445.00

    Accrual Basis Thursday, October 10, 2019 09:40 AM GMT+8 1/1

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