International Notebook Store is a merchandising business that was established by Angela Mae Miranda on

January 1, 2016 to purchase and sell school and office supplies for retail. The main store is located at the Ground
Floor, Glorietta 3, Makati City. Miranda stands as the owner and the general manager of the store as well.
Miranda had an initial investment of ₱1,000,000 in starting up the business.

Miranda hired 3 employees with a monthly salary of ₱16,000 each, payable every 15th and 30th of the month
and they will be working for 8 hours a day. There is also an employee conduct policy that establishes the duties
and responsibilities of each employee that they must adhere to as a condition of employment.

In selling merchandise, International Notebook Store has a 30% markup based on cost to be able to gain more
profit.
 International Notebook Store

Account No. Account Titles

Assets

1001 Cash
1002 Accounts Receivable
1003 Merchandise Inventory
1004 Prepaid Rent
1005 Prepaid Insurance
1006 Furnitures and Fixtures
1007 Accumulated Depreciation- Furnitures and Fixtures
1008 Store Equipment
1009 Accumulated Depreciation- Store Equipment
1010 Office Equipment
1011 Accumulated Depreciation- Office Equipment
1012 Store Supplies
1013 Office Supplies

Liabilities

2001 Accounts Payable

2002 Notes Payable
2003 Wages Payable
2004 Utilities Payable
2005 Unearned Sales Revenue

Owner's Equity

3001 Miranda, Capital

3002 Miranda, Drawings
3003 Income Summary

Revenues

4001 Sales
4002 Sales Returns and Allowances
4003 Sales Discount

Cost of Goods Sold

5001 Purchases
5002 Purchase Returns and Allowances
5003 Purchase Discount

Expenses

6001 Rent Expense

6002 Insurance Expense
6003 Depreciation Expense- Furnitures and Fixtures
6004 Depreciation Expense- Store Equipment
6005 Depreciation Expense- Office Equipment
6006 Store Supplies Expense
6007 Office Supplies Expense
6008 Wages Expense
6009 Utilities Expense
6010 Advertising Expense
6011 Freight Out
Date
January
2020
1

2
3
4

5
6

8
9
10
11
12
13
14
15

16
17

18
19
20
21
22
23
24
25
26
27
28
29
30

31
Transactions

Miranda invested ₱1,000,000 in the business.

Purchased store supplies for cash, ₱50,000.
Paid ₱25,000 worth of insurance premium for one year.
Purchased merchandise from Santos Company on account, ₱110,000. Terms: 2/10, n/31
Purchased office supplies from Tingkao Enterprise on account, ₱30,000. Terms: 2/10, n/31
Purchased office equipment for cash, ₱12,000.
Paid ₱30,000 for advertising the business.
Sold merchandise for cash, ₱60,000.
Sold merchandise to Concepcion Enterprise for ₱150,000 on account. Terms: 2/10, 1/15, n/31
Transportation charges for merchandise sold to Concepcion Enterprise, ₱3,000.
Purchased store equipment for cash, ₱15,000.
Purchased merchandise for cash, ₱80,000.
Paid ₱90,000 prepaid rent for the whole year.
Full payment for the office supplies bought on account in Tingkao Enterprise.
Received defective merchandise worth ₱10,000 from Concepcion Enterprise.
Purchased merchandise from Uy Company for cash worth ₱150,000.
Paid Santos Company in full.
Sold merchandise worth ₱90,000 to Go Trading on credit. Terms: 2/10, 1/15, n/31
Purchased merchandise from De Vera Company worth ₱70,000 on account. Terms: 2/10, n/31
Paid wages of employees for the 15th of the month, ₱24,000.
Purchased merchandise for cash, ₱50,000.
Cash sales to Perez Trading, ₱50,000.
Received full payment from Concepcion Enterprise.
Purchased furnitures and fixtures for cash, ₱22,000.
Sold merchandise worth ₱45,000 to Alarcon Enterprise on credit. Terms: 2/10, 1/15, n/31
Withdrew cash for personal use, ₱40,000.
Received full payment from Go Trading.
Purchased merchandise from Leslie Company issuing a note, ₱40,000. Terms: 2/10, n/31
Returned defective merchandise to De Vera Company worth ₱5,000.
Sold merchandise for cash, ₱75,000.
Paid De Vera Company in full.
Purchased merchandise on account from Romero Company worth ₱60,000. Terms: 2/10, n/31
Paid Leslie Company in full.
Cash sales to Geronimo Trading, ₱100,000.
Returned defective merchandise to Romero Company worth ₱3,000.
Paid utilities for the month, ₱15,000.
Paid wages of employees for the 30th of the month, ₱24,000.
Received full payment from Alarcon Enterprise.
Paid Romero Company in full.
Tordecilla Enterprise paid ₱50,000 in advance for purchase of merchandise.
Additional information on January 31, 2020 follows:

a. Store supplies on hand, ₱27,000.

b. Depreciation of Furnitures and Fixtures, ₱5,000.
c. Depreciation of Store Equipment amounting to ₱6,200 and that of Office Equipment is ₱7,500.
d. Unpaid wages for the month amounted to ₱12,000.
e. Inventory on hand, ₱35,000.
f. Office supplies used during the month amounted to ₱17,000.
g. Unpaid utilities for the month, ₱6,500.
h. Delivered merchandise amounting to ₱25,000 to Tordecilla Enterprise.
i. Expired rent, ₱7,500.
j. Expired insurance, ₱2,083.
 International Notebook Store
General Journal

Date Description PR
2020
Jan-01 Cash 1001
Miranda, Capital 3001
Initial investment

Store Supplies 1012

Cash 1001
Purchase of store supplies

Prepaid Insurance 1005

Cash 1001
Paid one year insurance

2 Purchases 5001
Accounts Payable 2001
Purchase of merchandise on account

3 Office Supplies 1013

Accounts Payable 2001
Purchase of office supplies on account

4 Office Equipment 1010

Cash 1001
Purchase of office equipment

Advertising Expense 6010

Cash 1001
Paid advertising expense

5 Cash 1001
Sales 4001
Sold merchandise

6 Accounts Receivable 1002

Sales 4001
Sold merchandise on account

Freight Out 6011

 Cash 1001
Transportation charges for merchandise sold

7 Store Equipment 1008

Cash 1001
Purchase of store equipment

Purchases 5001
Cash 1001
Purchase of merchandise

8 Prepaid Rent 1004

Cash 1001
Paid prepaid rent for the whole year

9 Accounts Payable 2001

Purchase Discount 5003
Cash 1001
Paid office supplies bought on account in full

10 Sales Returns and Allowances 4002

Accounts Receivable 1002
Received defective merchandise sold on account

11 Purchases 5001
Cash 1001
Purchase of merchandise

12 Accounts Payable 2001

Purchase Discount 5003
Cash 1001
Paid merchandise inventory bought on account in full

13 Accounts Receivable 1002

Sales 4001
Sold merchandise on account

14 Purchases 5001
Accounts Payable 2001
Purchase of merchandise on account

15 Wages Expense 6008

Cash 1001
 Paid wages expense

Purchases 5001
Cash 1001
Purchase of merchandise

16 Cash 1001
Sales 4001
Sold merchandise

17 Cash 1001
Sales Discount 4003
Accounts Receivable 1002
Received full payment for merchandise sold on account

Furnitures and Fixtures 1006

Cash 1001
Purchase of furnitures and fixtures

18 Accounts Receivable 1002

Sales 4001
Sold merchandise on account

19 Miranda, Drawings 3002

Cash 1001
Withdrew cash for personal use

20 Cash 1001
Sales Discount 4003
Accounts Receivable 1002
Received full payment for merchandise sold on account

21 Purchases 5001
Notes Payable 2002
Purchase of merchandise issuing a note

22 Accounts Payable 2001

Purchase Returns and Allowances 5002
Returned defective merchandise bought on account

23 Cash 1001
Sales 4001
Sold merchandise
24 Accounts Payable 2001
Purchase Discount 5003
Cash 1001
Paid merchandise inventory bought on account in full

25 Purchases 5001
Accounts Payable 2001
Purchase of merchandise on account

26 Notes Payable 2002

Purchase Discount 5003
Cash 1001
Paid merchandise inventory bought on account in full

27 Cash 1001
Sales 4001
Sold merchandise

28 Accounts Payable 2001

Purchase Returns and Allowances 5002
Returned defective merchandise bought on account

29 Utilities Expense 6009

Cash 1001
Paid utilities expense

30 Wages Expense 6008

Cash 1001
Paid wages expense

Cash 1001
Sales Discount 4003
Accounts Receivable 1002
Received full payment for merchandise sold on account

Accounts Payable 2001

Purchase Discount 5003
Cash 1001
Paid merchandise inventory bought on account in full

31 Sales 4001
Unearned Sales Revenue 2005
 Advance payment for purchase of merchandise

Adjusting Journal Entries:

31 Store Supplies Expense 6006

Store Supplies 1012

31 Depreciation Expense- Furnitures and Fixtures 6003

Accumulated Depreciation- Furnitures and Fixtures 1007

31 Depreciation Expense- Store Equipment 6004

Accumulated Depreciation- Store Equipment 1009

31 Depreciation Expense- Office Equipment 6005

Accumulated Depreciation- Office Equipment 1011

31 Wages Expense 6008

Wages Payable 2003

31 Merchandise Inventory 1003

Income Summary 3003

31 Office Supplies Expense 6007

Office Supplies 1013

31 Utilities Expense 6009

Utilities Payable 2004

31 Unearned Sales Revenue 2005

Sales 4001

31 Rent Expense 6001

Prepaid Rent 1004

31 Insurance Expense 6002

Prepaid Insurance 1005
Debit Credit

1,000,000
1,000,000

50,000
50,000

25,000
25,000

110,000
110,000

30,000
30,000

12,000
12,000

30,000
30,000

60,000
60,000

150,000
150,000

3,000
 3,000

15,000
15,000

80,000
80,000

90,000
90,000

30,000
600
29,400

10,000
10,000

150,000
150,000

110,000
2,200
107,800

90,000
90,000

70,000
70,000

24,000
24,000
 50,000
50,000

50,000
50,000

138,600
1,400
140,000

22,000
22,000

45,000
45,000

40,000
40,000

88,200
1,800
90,000

40,000
40,000

5,000
5,000

75,000
75,000
 65,000
1,300
63,700

60,000
60,000

40,000
800
39,200

100,000
100,000

3,000
3,000

15,000
15,000

24,000
24,000

44,550
450
45,000

57,000
1,140
55,860

50,000
50,000
23,000
23,000

5,000
5,000

6,200
6,200

7,500
7,500

12,000
12,000

35,000
35,000

13,000
13,000

6,500
6,500

25,000
25,000

7,500
7,500

2,083
2,083
 ASSETS

Cash Accounts Receivable

Account No. 1001 Account No. 1002
Date Description Post Ref. Debit Credit Date
2020 2020
January January
1 1000000 6
50000 10
25000 13
4 12000 17
30000 18
5 60000 20
6 3000 30
7 15000
80000
8 90000
9 29400 Merchandise Inventory
11 150000 Account No. 1003
12 107800 Date
15 24000 2020
50000 January
16 50000 31
17 138600
22000
19 40000
20 88200 Prepaid Rent
23 75000 Account No. 1004
24 63700 Date
26 39200 2020
27 100000 January
29 15000 8
30 24000 31
44550
55860
1556350 925960
630,390 Prepaid Insurance
Account No. 1005
Date
2020
January
1
31
 LIABILITIES

Accounts Payable Notes Payable

Account No. 2001 Account No. 2002
Date Description Post Ref. Debit Credit Date
2020 2020
January January
2 110000 21
3 30000 26
9 30000
12 110000
14 70000
22 5000 Wages Payable
24 65000 Account No. 2003
25 60000 Date
28 3000 2020
30 57000 January
270000 270000 31

OWNER'S EQUITY

Miranda, Capital Miranda, Drawings

Account No. 3001 Account No. 3002
Date Description Post Ref. Debit Credit Date
2020 2020
January January
1 1000000 19
 1000000

REVENUES

Sales Sales Returns and Allowan

Account No. 4001 Account No. 4002
Date Description Post Ref. Debit Credit Date
2020 2020
January January
5 60000 10
6 150000
13 90000
16 50000
18 45000
23 75000
27 100000
31 50000
50000 570000
520,000
31 Adjusting 25000
545000

COST OF GOODS SOLD

Purchases Purchase Returns and Allow

Account No. 5001 Account No. 5002
Date Description Post Ref. Debit Credit Date
2020 2020
January January
2 110000 22
7 80000 28
11 150000
14 70000
15 50000
21 40000
25 60000
560000

EXPENSES
 Rent Expense Insurance Expense
Account No. 6001 Account No. 6002
Date Description Post Ref. Debit Credit Date
2020 2020
January January
31 Adjusting 7500 31
7500

Depreciation Expense- Store Equipment Depreciation Expense- Office Eq

Account No. 6004 Account No. 6005
Date Description Post Ref. Debit Credit Date
2020 2020
January January
31 Adjusting 6200 31
6200

Office Supplies Expense Wages Expense

Account No. 6007 Account No. 6008
Date Description Post Ref. Debit Credit Date
2020 2020
January January
31 Adjusting 13000 15
13000 30

31

Advertising Expense Freight Out

Account No. 6010 Account No. 6011
Date Description Post Ref. Debit Credit Date
2020 2020
January January
4 30000 6
30000
 ASSETS

Accounts Receivable Furnitures and Fixtures

Account No. 1002 Account No. 1006
Description Post Ref. Debit Credit Date Description
2020
January
150000 17
10000
90000
140000
45000 Accumulated Depreciation- Furnitures and Fixtu
90000 Account No. 1007
45000 Date Description
285,000 285,000 2020
January
31 Adjusting
Merchandise Inventory
Account No. 1003
Description Post Ref. Debit Credit
Store Equipment
Account No. 1008
Adjusting 35000 Date Description
35000 2020
January
7
Prepaid Rent
Account No. 1004
Description Post Ref. Debit Credit
Accumulated Depreciation- Store Equipment
Account No. 1009
90000 Date Description
Adjusting 7500 2020
82,500 January
31 Adjusting

Prepaid Insurance
Account No. 1005
Description Post Ref. Debit Credit Office Equipment
Account No. 1010
Date Description
25000 2020
Adjusting 2083 January
 22,917 4

Accumulated Depreciation- Office Equipment

Account No. 1011
Date Description
2020
January
31 Adjusting

LIABILITIES

Notes Payable Utilities Payable

Account No. 2002 Account No. 2004
Description Post Ref. Debit Credit Date Description
2020
January
40000 31 Adjusting
40000
40000 40000

Wages Payable Unearned Sales Revenue

Account No. 2003 Account No. 2005
Description Post Ref. Debit Credit Date Description
2020
January
Adjusting 12000 31
12000 31 Adjusting

OWNER'S EQUITY

Miranda, Drawings Income Summary

Account No. 3002 Account No. 3003
Description Post Ref. Debit Credit Date Description
2020
January
40000 31 Adjusting
 40000

REVENUES

Sales Returns and Allowances Sales Discount

Account No. 4002 Account No. 4003
Description Post Ref. Debit Credit Date Description
2020
January
10000 17
10000 20
30

COST OF GOODS SOLD

Purchase Returns and Allowances Purchase Discount

Account No. 5002 Account No. 5003
Description Post Ref. Debit Credit Date Description
2020
January
5000 9
3000 12
8000 24
26
30

EXPENSES
 Insurance Expense Depreciation Expense- Furnitures and Fixture
Account No. 6002 Account No. 6003
Description Post Ref. Debit Credit Date Description
2020
January
Adjusting 2083 31 Adjusting
2083

Depreciation Expense- Office Equipment Store Supplies Expense

Account No. 6005 Account No. 6006
Description Post Ref. Debit Credit Date Description
2020
January
Adjusting 7500 31 Adjusting
7500

Wages Expense Utilities Expense

Account No. 6008 Account No. 6009
Description Post Ref. Debit Credit Date Description
2020
January
24000 29
24000
48000 31 Adjusting
Adjusting 12000
60000

Freight Out
Account No. 6011
Description Post Ref. Debit Credit

3000
3000
Furnitures and Fixtures Store Supplies
Account No. 1006 Account No. 1012
Post Ref. Debit Credit Date Description Post Ref. Debit
2020
January
22000 1 50000
22000 31 Adjusting
27,000

Depreciation- Furnitures and Fixtures

Account No. 1007 Office Supplies
Post Ref. Debit Credit Account No. 1013
Date Description Post Ref. Debit
2020
5000 January
5000 3 30000
31 Adjusting
17,000
Store Equipment
Account No. 1008
Post Ref. Debit Credit

15000
15000

ted Depreciation- Store Equipment

Account No. 1009
Post Ref. Debit Credit

6200
6200

Office Equipment
Account No. 1010
Post Ref. Debit Credit
 12000
12000

ed Depreciation- Office Equipment

Account No. 1011
Post Ref. Debit Credit

7500
7500

Utilities Payable
Account No. 2004
Post Ref. Debit Credit

6500
6500

Unearned Sales Revenue

Account No. 2005
Post Ref. Debit Credit

50000
25000
25,000

Income Summary
Account No. 3003
Post Ref. Debit Credit

35000
 35000

Sales Discount
Account No. 4003
Post Ref. Debit Credit

1400
1800
450
3650

Purchase Discount
Account No. 5003
Post Ref. Debit Credit

600
2200
1300
800
1140
6040
on Expense- Furnitures and Fixtures
Account No. 6003
Post Ref. Debit Credit

5000
5000

Store Supplies Expense

Account No. 6006
Post Ref. Debit Credit

23000
23000

Utilities Expense
Account No. 6009
Post Ref. Debit Credit

15000
15000
6500
21500
Credit

23000

Credit

13000
 International Notebook Store
Trial Balance
January 31, 2020

Account Titles Debit Credit

Cash 630390
Accounts Receivable
Merchandise Inventory
Prepaid Rent 90000
Prepaid Insurance 25000
Furnitures and Fixtures 22000
Accumulated Depreciation- Furnitures and Fixtures
Store Equipment 15000
Accumulated Depreciation- Store Equipment
Office Equipment 12000
Accumulated Depreciation- Office Equipment
Store Supplies 50000
Office Supplies 30000
Accounts Payable
Notes Payable
Wages Payable
Utilities Payable
Unearned Sales Revenue 50000
Miranda, Capital 1000000
Miranda, Drawings 40000
Income Summary
Sales 520000
Sales Returns and Allowances 10000
Sales Discount 3650
Purchases 560000
Purchase Returns and Allowances 8000
Purchase Discount 6040
Rent Expense
Insurance Expense
Depreciation Expense- Furnitures and Fixtures
Depreciation Expense- Store Equipment
Depreciation Expense- Office Equipment
Store Supplies Expense
Office Supplies Expense
Wages Expense 48000
Utilities Expense 15000
Advertising Expense 30000
Freight Out 3000
1584040 1584040
 TRIAL BALANCE ADJUSTMENTS
Debit Credit Debit
Cash 630390
Accounts Receivable
Merchandise Inventory 35000
Prepaid Rent 90000
Prepaid Insurance 25000
Furnitures and Fixtures 22000
Accumulated Depreciation- Furnitures and Fixtures
Store Equipment 15000
Accumulated Depreciation- Store Equipment
Office Equipment 12000
Accumulated Depreciation- Office Equipment
Store Supplies 50000
Office Supplies 30000
Accounts Payable
Notes Payable
Wages Payable
Utilities Payable
Unearned Sales Revenue 50000 25000
Miranda, Capital 1000000
Miranda, Drawings 40000
Income Summary
Sales 520000
Sales Returns and Allowances 10000
Sales Discount 3650
Purchases 560000
Purchase Returns and Allowances 8000
Purchase Discount 6040
Rent Expense 7500
Insurance Expense 2083
Depreciation Expense- Furnitures and Fixtures 5000
Depreciation Expense- Store Equipment 6200
Depreciation Expense- Office Equipment 7500
Store Supplies Expense 23000
Office Supplies Expense 13000
Wages Expense 48000 12000
Utilities Expense 15000 6500
Advertising Expense 30000
Freight Out 3000
 1584040 1584040 142783
Net Loss
 International Notebook Store
Worksheet

ADJUSTMENTS ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET

Credit Debit Credit Debit Credit Debit
630390 630390

35000 35000
7500 82500 82500
2083 22917 22917
22000 22000
5000 5000
15000 15000
6200 6200
12000 12000
7500 7500
23000 27000 27000
13000 17000 17000

12000 12000
6500 6500
25000
1000000
40000 40000
35000 35000 35000
25000 545000 545000
10000 10000
3650 3650
560000 560000
8000 8000
6040 6040
7500 7500
2083 2083
5000 5000
6200 6200
7500 7500
23000 23000
13000 13000
60000 60000
21500 21500
30000 30000
3000 3000
142783 1656240 1656240 752433 594040 903807
158393 158393
752433 752433 1062200
BALANCE SHEET
Credit

5000

6200

7500

12000
6500
25000
1000000
1062200

1062200
 International Notebook Store
Adjusted Trial Balance
January 31, 2020

Account Titles Debit Credit

Cash 630390
Accounts Receivable
Merchandise Inventory 35000
Prepaid Rent 82500
Prepaid Insurance 22917
Furnitures and Fixtures 22000
Accumulated Depreciation- Furnitures and Fixtures 5000
Store Equipment 15000
Accumulated Depreciation- Store Equipment 6200
Office Equipment 12000
Accumulated Depreciation- Office Equipment 7500
Store Supplies 27000
Office Supplies 17000
Accounts Payable
Notes Payable
Wages Payable 12000
Utilities Payable 6500
Unearned Sales Revenue 25000
Miranda, Capital 1000000
Miranda, Drawings 40000
Income Summary 35000
Sales 545000
Sales Returns and Allowances 10000
Sales Discount 3650
Purchases 560000
Purchase Returns and Allowances 8000
Purchase Discount 6040
Rent Expense 7500
Insurance Expense 2083
Depreciation Expense- Furnitures and Fixtures 5000
Depreciation Expense- Store Equipment 6200
Depreciation Expense- Office Equipment 7500
Store Supplies Expense 23000
Office Supplies Expense 13000
Wages Expense 60000
Utilities Expense 21500
Advertising Expense 30000
Freight Out 3000
1656240 1656240
 International Notebook Store
Income Statement
31-Jan-20

Sales
Less: Sales Returns and Allowances
Sales Discount
Net Sales

Cost of Goods Sold

Merchandise Inventory, January 1
Add: Purchases
Total
Less: Purchase Returns and Allowances 8000
Purchase Discount 6040
Net Purchases
Less: Merchandise Inventory, January 31
Cost of Goods Sold
Gross Profit
Less:
Rent Expense
Insurance Expense
Depreciation Expense- Furnitures and Fixtures
Depreciation Expense- Store Equipment
Depreciation Expense- Office Equipment
Store Supplies Expense
Office Supplies Expense
Wages Expense
Utilities Expense
Advertising Expense
Freight Out
Net Loss

International Notebook Store

Statement of Changes in Owner's Equity
Jan-20

Miranda, Capital 01/01/20 1000000

Net Loss -158393
Total 841607
Less: Miranda, Drawings 40000
Miranda, Capital 01/31/20 801607

International Notebook Store

Statement of Cash Flows
Jan-20

Net Loss -158393

Cash Flows from Operating Activities

Add: Depreciation Expense- Furnitures and Fixtures 5000
Depreciation Expense- Store Equipment 6200
Depreciation Expense- Office Equipment 7500
Accounts Payable 0
Salaries 60000
q
Less: Accounts Receivable =
Merchandise Inventory -35000
Other Assets -115000
-150000

Cash Flows from Investing Activities

Purchase of Furnitures and Fixtures 22000
Purchase of Store Equipment 15000
Purchase of Office Equipment 12000
49000

Cash Flows from Financing Activities

Drawings 1000000
Capital Investment 40000
1040000
841000
Notebook Store
tatement
n-20

545000
10000
3650 13650
531350

-
560000
560000

14040
545960
35000 510960
20390

7500
2083
5000
6200
7500
23000
13000
60000
21500
30000
3000 178783
-158393

International Notebook Store

Statement of Financial Position
Jan-20

ASSETS

CURRENT ASSETS:
Cash
Accounts Receivable
Inventory
Prepaid Rent
Prepaid Insurance
Store Supplies
Office Supplies
Total Current Assets

NON-CURRENT ASSETS:
Furnitures and Fixtures 22000
Accumulated Depreciation 5000
Store Equipment 15000
Accumulated Depreciation 6200
Office Equipment 12000
Accumulated Depreciation 7500

Total Non-current Assets

TOTAL ASSETS

LIABILITIES AND EQUITY

Accounts Payable
Notes Payable
Wages Payable
Utilities Payable
Unearned Sales Revenue
TOTAL LIABILITIES

Miranda, Capital
TOTAL EQUITY

TOTAL LIABILITIES AND EQUITY

l Notebook Store
Financial Position
an-20

630390
 0
35000
82500
22917
27000
17000
105417

17000

8800

4500

30300

135,717

0
0
12000
6500
25000
43500

801607
801607

845107