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  • Equipment 4600 Equity 15450 Lease Value 5700: Balance Sheet As On 1 Sep 2002 Assets Equities and Liabilities NCA SHF

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    Amit Kumar Arora
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    The balance sheet shows the company's assets, equities, and liabilities as of September 1, 2002 and December 31, 2002. As of September 1, assets totaled 15,450 and consisted of equipment, lease value, and cash in the bank. Equities and liabilities also totaled 15,450. As of December 31, assets totaled 25,325 and consisted of increased equipment, reduced lease value, and increased cash in the bank. Equities remained the same while liabilities increased to include outstanding rent and a meat bill.

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    The balance sheet shows the company's assets, equities, and liabilities as of September 1, 2002 and December 31, 2002. As of September 1, assets totaled 15,450 and consisted of equipment, lease value, and cash in the bank. Equities and liabilities also totaled 15,450. As of December 31, assets totaled 25,325 and consisted of increased equipment, reduced lease value, and increased cash in the bank. Equities remained the same while liabilities increased to include outstanding rent and a meat bill.

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    5 views3 pages

    Equipment 4600 Equity 15450 Lease Value 5700: Balance Sheet As On 1 Sep 2002 Assets Equities and Liabilities NCA SHF

    Uploaded by

    Amit Kumar Arora
    The balance sheet shows the company's assets, equities, and liabilities as of September 1, 2002 and December 31, 2002. As of September 1, assets totaled 15,450 and consisted of equipment, lease value, and cash in the bank. Equities and liabilities also totaled 15,450. As of December 31, assets totaled 25,325 and consisted of increased equipment, reduced lease value, and increased cash in the bank. Equities remained the same while liabilities increased to include outstanding rent and a meat bill.

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    © All Rights Reserved
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    Balance Sheet as on 1 sep 2002

    Assets Equities and Liabilities


    NCA SHF
    Equipment 4600 Equity 15450
    Lease Value 5700
    NCL

    CA CL
    Bank 5150

    15450 15450
    Balance Sheet as on 31 Dec 2002
    Assets Equities and Liabilities
    NCA SHF
    Equipment 8360 Equity
    Lease Value 3800 RE

    NCL

    CA CL
    Bank 12265 Outstanding rent and meat bill
    Food supplies 750 Coupon payables
    License fee 150

    25325
    2002 Income statement for the period Sep -Dec 2002
    Sales (Cash Sales + Coupon Sales) 31665
    Food supplies Consumed (COGS) -13525
    15450 Lincense fee expense -75
    5970 Rent -3460
    Operating Ex -90
    Amortisation pf Lease value -1900
    Depreciation on Equipment -440
    Outstanding rent and meat bill -2405
    2405
    1500

    25325 Net Profit (PAT) 9770

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