FLYNT OF FIRE TECHNICAL UNIVERSITY

Balance Sheet
As at 3/31/2020
Accrual basis
3/31/2020

Assets
NON CURRENT ASSETS
COOKING UTENSILS 2,000.00
COOKING UTENSILS ACCUM DEPRN (520.00)
FURNITURE & FITTINGS 3,000.00
FURNITURE & FITTINGS ACCUM DEPRN (1,050.00)
KITCHEN EQUIPMENT 5,000.00
KITCHEN EQUIPMENT ACCUM DEPRN (1,600.00)
MOTOR VEHICLE 20,000.00
MOTOR VEHICLE ACCUM DEPRN (2,200.00)
Total — NON CURRENT ASSETS 24,630.00
CURRENT ASSETS
ABSA ACCOUNT 28,850.00
CASH IN HAND 4,208.00
INVENTORY RAW MATERIALS 585.00
Total — CURRENT ASSETS 33,643.00
Total — Assets 58,273.00

Total assets 58,273.00

Liabilities
Accounts payable 520.00
VAT PAYABLE 2,000.00
Total — Liabilities 2,520.00
Equity
Retained earnings 55,753.00

Total liabilities & equity 58,273.00

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