ASSETS

Transaction Details
Bank Adv. Rent Stationary Equipment
Capital Invested 30000
Loan taken from father 20000
Advance Rent and Deposit -6000 6000
Purchase of Stationary -5000 5000
Equipment and Stationary -27000 27000

Total 12000 6000 5000 27000

JULY to AUGUST
ASSETS
Transaction Details
Bank Security Dep Adv Rent Stationary
Opening Balances 12000 3000 3000 5000
Revenue from Customers 40000
Stationary Purchased -900 900
Stationary Consumed -1700
Used office space for Jul -3000
Advance paid for Aug -3000 3000
Used Office Space in Aug -3000
Paid advance for Sept -3000 3000
Misc. Expenses -33000
Equip. Purchases -5500
Outstanding Interest
Depreciation on Equipment

Total 6600 3000 3000 4200

 LIABILITIES EQUITY
Loan Capital
30000
20000

0 0 20000 0 0 30000

JULY to AUGUST
LIABILITIES EQUITY
Equipment Trade Rec Loan Vendor O/s Interest Capital
27000 20000 30000
7000

11000 5500
200
-1500

36500 7000 20000 5500 200 30000

EQUITY CHECKSUM
Income/Expense
0
0
0
0
0
0
0 0

EQUITY CHECKSUM
Income/ Expense
0
47000 0
0
-1700 0
-3000 0
0
-3000 0
0
-33000 0
0
-200 0
-1500 0
0
4600 0
BALANCE SHEET FOR MARIA HERNANDEZ
ASSETS
Non-Current Assets
Property, Plant and Equipment 36500
Capital Work-in-Progress 0
Intangible Assets 0
Intangible Asset under Development 0
Financial Assets 0
Tax Assets 0
Other Non-Current Assets 0
Total Non-Current Assets 36500

Current Assets
Inventory 4200
Financial Assets
Cash and Cash Equivalents 6600
Trade Receivables 7000
Current Investments 0
Other Financial Assets 6000
Other Current Assets
Total Current Assets 23800
TOTAL ASSETS 60300

EQUITY AND LIABILITIES

Equity
Share Capital 30000
Retained Earnings 4600
Total Equity 34600

Non-Current Liabilities
Financial - Borrowings 20000
Financial - Others
Provisions
Tax Liabilities
Other Non-Current Liabilities
Total Non-Current Liabilities 20000

Current Liabilities
Financial Liabilities
Trade Payables 0
Current Borrowings 200
Others 5500
Current Provisions
Current Tax Liabilities
Other Current Liabilities
Total Current Liabilities 5700
TOTAL EQUITY AND LIABILITIES 60300
INCOME STATEMENT FOR MARIA HERNANDEZ
INCOMES
Revenue from Operations 47000
Other Incomes 0
Total Incomes 47000

EXPENSES
Cost of Material Consumed 1700
Employee Benefit Expenses 0
Depreciation 1500
Finance Costs 200
Other Expenses 39000 (33000 + 6000)
Total Expenses 42400
Profits Before Taxes 4600
Less: Tax Expenses 0
PROFITS AFTER TAXES 4600