CAFÉ MAGNIFICO

Balance Sheet
Monthly

Assets Liabilities
Current:
Cash P35,000 Accounts Payable P2,700
Prepaid Rent 9,500

Total Current Assets P44,500 Total Liabilities P2,700

Non-Current: Capital
Equipment P20,000 ABC, capital P50,000
Less: Accumulated Add: Net income 10,300
Depreciation 1,500
Net Capital P60,300

Total Non-Current Assets P18,500

Total Assets P63,000 Total Liabilities & Capital P63,000