MAYNARD COMPANY

Balance Sheets as of June 1 and June 30

Assets
As of June 1 As of June 30
Current Assets:
Cash 34,983 66,660
Account Receivable 21,798 26,505
Note Receivable 11,700 0
Merchandise inventory 29,835 26,520
Supplies on hand 5,559 6,630
Prepaid insurance 3,150 2,826
Total Current Assets 107,205 129,141
Noncurrent Assets:
Land 89,700 89,700
Building 585,000 585,000
Less: Accumulated depreciation 156,000 429,000 157,950 427,050
Equipment 13,260 36,660
Less: Accumulated depreciation 5,304 7,956 5,928 30,732
Other Noncurrent Assets 4,857 5,265
Total Noncurrent Assets 531.13 552,747
Total Assets 638,538 681,888

Liabilities and Shareholder's Equity

Current Liabilities:
Account payable 8,517 21,315
Bank notes payable 8,385 29,250
Taxes payable 5,700 7,224
Accrued wages payables 1,974 2,202
Total Current Liabilities 24,576 59,991
Other Noncurrent Liabilities 2,451 2,451
Total Liabilities 27,027 62,442
Shareholder's Equity:
Capital stock 390,000 390,000
Retained earnings 221,511 229,446
Total Shareholder's Equity 611,511 619,446
Total Liabilities and Shareholder's Equity 633,538 681,888
sales
buy the inventory
amortitation of insurace, become insurance expences

depreciation of buliding in moth

monthly

mainly for hutang dagang ke suplier

= bank loan

gaji karyawan

from profit 19,635 dan dikurangi deviden 11,700 diterima oleh dyan,,, selanjutnya di bayar untuk bankloan
yes, because in book value written 619. 446