Professional Documents
Culture Documents
Transaction #
Accounts Accumulated Equipment &
Bank Consumables
Receivable Depreciation Machinery
Beg. Balance
1 € 18,000
2 -€ 6,000
3 -€ 7,000 € 35,000
4 € 21,890 € 30,000
5
6 -€ 1,000
7 -€ 15,000 € 15,000
8 -€ 1,200
9 -€ 6,500
10 € 5,700 -€ 6,000
11 -€ 7,500
12
13
14 -€ 200
-€ 292
15 -€ 13,500
€ 26,890 € 130,508
NON CURR.
URRENT ASSETS CURRENT LIABILITIES OWNER'S EQUITY
LIAB.
Social
Interest Salaries Accounts Mortgage Common
Building Security
Payable Payable Payable Loan Stock
Payable
€ 18,000
€ 96,000 € 90,000
€ 28,000
€ 10,000
€ 800
€ 5,850
€ 450
Retained Income
Earnings Statement
0
0
0
0
€ 52,000 0
-€ 110
-€ 10,000 0
-€ 1,000 0
0
-€ 2,000 0
-€ 6,500 0
-€ 300 0
-€ 7,500 0
-€ 5,850 0
-€ 450 0
-€ 200 0
-€ 292 0
-€ 13,500 0
€0 € 4,298 0
€ 4,298
€ 22,298 0
BALANCE SHEET
ASSETS LIABILITIES
INCOME STATEMENT
Services Revenues € 52,000
Operating Expenses:
Salaries -€ 19,500
Social Security -€ 5,850
Consumables -€ 13,500
Advertising -€ 1,000
Utilities -€ 6,500
Bank Comission -€ 110
Sales Discount -€ 300
Total Operating Expenses -€ 46,760
EBITDA € 5,240
Depreciation -€ 492
EBIT € 4,748
Interest -€ 450
£157,398