ARGIE'S FOOD HUB

Trial Balance
End of July 2021
Debit Credit
Income
Pizza & Beverages 241,060.00

Expenses
Gas and Fuel 60.00
Office Space 8,000.00

Assets
Kitchen Supplies 1,308.06

Liabilities
Accounts Payable 10,400.00

Equity
Fund Balance 241,060.00
Income and Expense Summary

9,368.06 251,460.00
 ARGIE'S FOOD HUB
Balance Sheet
End of July 2021

Assets
Cash 241,060.00
Kitchen Supplies 1,308.06
Total Assets 1,308.06

Liabilities
Accounts Payable 8,000.00
Salaries 10400
Total liabilities 18,400.00

Equity
Fund Balance 241,060.00
Income and Expense Summary

Total Equity 241,060.00

 ARGIE'S FOOD HUB
Income Statement
End of June

Revenue: 241,060.00

241,060.00

Less: Operating Expenses 19,768.06

19,768.06

NET INCOME 221,291.94

 ARGIE'S FOOD HUB
Statement of Cashflow
End of June 2021

Cash Flows From Operating Activities

CASH RECEIVED FROM:
Sales 241,060.00
PAYMENT FOR:
Purchases 1,308.06
Salaries Expenses 10,400.00
Office Space 8,000.00

19,708.06

NET CASH FLOW FROM OPERATING ACTIVITIES 221,351.94

NET CASH FLOW 221,351.94