ASSETS

Transaction Details
Patent Bank Org. Costs Machinery
Peter Fuller gives patent 32000
Issued to Retired Person 36000
Organizational Costs -1650 1650
Machinery -26000 26000
Raw Material -1000

Total 32000 7350 1650 26000

ASSETS
Transaction Details
Patent Bank Org. Costs Machinery
Opening Balances 32000 7350 1650 26000
Sales 56000
Raw Material -18000
Bank Loan Taken 3900
Manufacturing Expenses -22000
Selling & Dist. Expenses -6000
Raw Material Consumed
Org. Costs W.Off -1650
Raw Mat. - E W.off.
Depreciation -2600
Machinery Maintenance -150
New Machinery Purchased -2000 2000
Bank Loan Repaid -4000
Amortization of Patent -2000
Transfer of Profits
Dividends Paid -6000
Total 30000 9100 0 25400

Income Statement

Revenue from Operations 56000

Other Incomes
Total Incomes 56000
Less: Expenses
Material Consumed 15400
Employee Benefit Expenses 22000
Finance Costs 100
Depreciation & Amortization 4600
Other Expenses 7800
Total Expenses 49900
Profit Before Taxes 6100
Balance Sheet

Assets

Non-Current Assets
Property, Plant & Equipment 25400
Intangible Assets 30000
Capital Work In Progress
Financial Assets
Tax Assets
Other Non-Current Assets
Total Non-Current Assets 55400
Current Assets
Inventory 3600
Financial Assets:
Trade Receivables
Cash & Cash Equivalents 9100
Investments
Other Current Assets
Total Current Assets 12700
Total Assets 68100

Equity & Liabilities

Equity
Share Capital 60000
Retained Earnings 8100
Total Equity 68100

Non-Current Liabilities
Financial Liabilities
Employee Benefits
Provisions
Tax Liabilities
Other Non-Current Liabilities
Total Non-Current Liabilities 0

Current Liabilities
Financial Liabilities:
Trade Payables
Borrowings
Provisions
Other Current Liabilities
Total Current Liabilities 0
Total Equity and Liabilities 68100
ASSETS LIABILITIES
Raw Mat Raw Mat - E

400 600

400 600 0 0 0 0

ASSETS LIABILITIES
Raw Mat Raw Mat - E 0 0 Bank Loan
400 600 0 0 0 0

18000
3900

-14800

-600

-3900

3600 0 0 0 ### 0 0
BILITIES EQUITY CHECKSUM
Capital Retained Earnings Income/Expense
32000 0
28000 8000 0
0
0
0
0
0 60000 8000 0 0

BILITIES EQUITY CHECKSUM

0 Capital Retained Earnings Income/Expense
0 60000 8000 0 0
56000 0
0
0
-22000 0
-6000 0
-14800 0
-1650 0
-600 0
-2600 0
-150 0
0
-100 0
-2000 0
6100 -6100 0
-6000 0
0 60000 8100 0 0