Capistrano's Shape Up Center

Balance Sheet
As of January 31, 2020

Total
Assets
Current Assets
Accounts receivable
Accounts Receivable (A/R) 7,570.37
Total Accounts receivable PHP 7,570.37
Cash and cash equivalents 3,000.00
Cash in Bank - BDO 7,175.89
Undeposited Funds 0.00
Total Cash and cash equivalents PHP 10,175.89
Checking 83,768.68
Petty Cash 90.29
Inventory Asset 4,964.00
Office Supplies 900.00
Prepaid Insurance 1,000.00
Total Current Assets PHP 108,469.23
Long-term assets
Accumulated depreciation on property, plant and equipment -335.00
Exercise Equipment
Depreciation -235.00
Original cost 28,288.00
Total Exercise Equipment PHP 28,053.00
Office Equipment 3,000.00
Depreciation -100.00
Original cost 12,000.00
Total Office Equipment PHP 14,900.00
Total long-term assets PHP 42,618.00
Total Assets PHP 151,087.23
Liabilities and shareholder's equity
Current liabilities:
Accounts payable
Accounts Payable (A/P) 3,837.80
Total Accounts payable PHP 3,837.80
Visa 392.00
Input VAT Payable 0.00
Output VAT Payable 0.00
Sales Tax Payable 0.00
Total current liabilities PHP 4,229.80
Non-current liabilities:
Exercise Equipment Loan 15,000.00
Office Equipment Loan 15,000.00
 Total non-current liabilities PHP 30,000.00
Shareholders' equity:
Net Income 2,254.39
Capistrano, Capital 19,543.00
Capistrano, Investment 93,000.00
Capistrano, Withdrawals -1,200.00
Total Capistrano, Capital PHP 111,343.00
Opening Balance Equity 240.00
Retained Earnings 3,020.04
Total shareholders' equity PHP 116,857.43
Total liabilities and equity PHP 151,087.23

Tuesday, Oct 13, 2020 01:39:18 PM GMT+8 - Accrual Basis