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Ong Carpentry Services

Statement of Financial Position


August 31, 2021

ASSETS
Current Assets
Cash ₱ 39,900
Accounts Receivable 28,200
Office Supplies 2,680
Prepaid Insurance 3,800 ₱ 74,580

Property, Plant and Equipment


Equipment 33,400 33,400

Total Assets ₱ 107,980

LIABILITIES AND CAPITAL


Current Liabilities
Accounts Payable ₱ 16,900

Capital
Capital - OCS, Aug 31, 2021 91,080

Total Liabilities and Capital ₱ 107,980

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