BSAB 3AB Agri Store

Report Form Balance Sheet

December 31, 2020

Assets 2020
Cash Php. 29, 300
Account Receivable 420
Prepared Insurance 2, 108
Merchandize Inventory 215, 300
Store Supplies 980
Total Current Assets Php. 248, 108
Property and Equipment
Delivery Equipment Php. 5, 760
Store Equipment 3, 472
TOTAL ASSETS Php. 257, 340

Liabilities

Current Liabilities
Account Payable Php. 600
Total Long-term Liabilities
Loan Php. 4, 300

OWNERS EQUITY
BSAB 3AB Capital Php. 244, 000
BSAB 3AB Drawing 3, 200
Php. 252, 100
Net Income 11, 640
TOTAL LIABILITIES AND OWNERS EQUITY Php. 263, 740