Kasun Silva Enterprise

Statement of Financial Postion as at 31st December 2021

LKR LKR
Non Current Assests

Machinery LKR 800,000.00

Land & Buidling LKR 600,000.00
Furniture LKR 150,000.00
Total Non current Assets LKR 1,550,000.00

Current Assets
Short term Investment LKR 80,000.00
Stock as at 01.01.2021 LKR 400,000.00
Trade Receivables LKR 420,000.00
Cash in Hand LKR 20,000.00
Total Current Assets LKR 920,000.00
Total Assets LKR 2,470,000.00

Equity

Equity LKR 1,500,000.00

(Drawings) -LKR 130,000.00
Net Profit LKR 620,000.00
Total Equity LKR 1,990,000.00

Non Current Liability LKR 0.00

Current Liabilities

Bank O/D LKR 180,000.00

Trade Payables LKR 300,000.00
Total Liabilities LKR 480,000.00
LKR 2,470,000.00
 Assets = Capital +Liabilities
NCA
CA

Equity
NCL
CL

LKR 480,000.00
 Richard Perera Enterprises
Statement of Profit or Loss for the Year ended 31.12.2021
LKR LKR
Sales LKR 1,020,000.00
(-) Sales Returns LKR 0.00

Opening Stock LKR 200,000.00

Purchases LKR 750,000.00
Carriage Inwards LKR 75,000.00
(-) Purchase Return -LKR 30,000.00
(-) Cl. Stock -LKR 250,000.00
Cost of Sales LKR 745,000.00
Gross Profit LKR 275,000.00

Other incomes
Commision Received LKR 53,000.00
Administrative Expenses
Wages LKR 365,000.00
Salaries LKR 120,000.00
Electricity LKR 12,000.00
Rent LKR 280,000.00 -LKR 777,000.00
Selling & Distribution Expenses
LKR 0.00
LKR 0.00
Finance Expenses
LKR 0.00
LKR 0.00
Other expenses '
LKR 0.00
LKR 0.00
Net Loss (Transferred to Equity) -LKR 449,000.00
 Richard Perera Enterprises
Statement of Financial Position as at 31.12.2021
LKR LKR
NCA - Land

CA
Cl. Stock LKR 250,000.00
Bank LKR 200,000.00
Cash in Hand LKR 97,000.00

Total assets

Equity LKR 3,300,000.00

(-) Drawings -LKR 166,000.00
(-) Net Loss -LKR 449,000.00

NCL LKR 0.00

CL - Payables LKR 12,000.00

Equity + Liabilities
 LKR
LKR 2,150,000.00

LKR 547,000.00

LKR 2,697,000.00

LKR 2,685,000.00

LKR 12,000.00

LKR 2,697,000.00
 Umariya Vithanage Enterprises
Statement of Profit or Loss for the Year ended 31.12.2021
LKR LKR
Sales LKR 300,000.00
(-) Sales Returns

Opening Stock LKR 30,000.00

Purchases LKR 220,000.00
Carriage Inwards LKR 0.00
(-) Purchase Return LKR 0.00
(-) Cl. Stock -LKR 22,000.00
Cost of Sales LKR 228,000.00
Gross Profit LKR 72,000.00

Other incomes
Discount Received LKR 2,000.00
Administrative Expenses
Building Dep LKR 70,000.00
Electricity LKR 6,000.00
Telephone LKR 2,000.00 -LKR 78,000.00

Selling & Distribution Expenses

Discount Given LKR 2,500.00
Bad Debts LKR 1,500.00 -LKR 4,000.00
Finance Expenses
Bank Interest LKR 12,000.00 -LKR 12,000.00

Other expenses '

Net Loss (Transferred to Equity) -LKR 20,000.00

 Umariya Vithanage Enterprises
Statement of Financial Position as at 31.12.2021
LKR LKR
NCA - Building LKR 350,000.00 210000

CA
Cl. Stock LKR 22,000.00
Trade Receivables LKR 40,000.00
Cash in Hand LKR 35,000.00

Total assets

Equity LKR 124,000.00

(-) Drawings LKR 0.00
(-) Net Loss -LKR 20,000.00

NCL - 12% Bank Loan LKR 100,000.00

CL - Payables LKR 30,000.00
Accrued - Electricty LKR 1,000.00
Accrued - Bank Interest LKR 2,000.00
Equity + Liabilities
LKR
LKR 140,000.00

LKR 97,000.00

LKR 237,000.00

LKR 104,000.00

LKR 133,000.00
LKR 237,000.00
 Pamod Nanyakkara Enterprises
Statement of Profit or Loss for the Year ended 31.12.2021
LKR LKR
Sales LKR 480,000.00
(-) Sales Returns LKR 0.00

Opening Stock LKR 28,000.00

Purchases LKR 350,000.00
Carriage Inwards LKR 1,500.00
(-) Purchase Return LKR 0.00
(-) Cl. Stock -LKR 32,000.00
Cost of Sales LKR 347,500.00
Gross Profit LKR 132,500.00

Other incomes
Investment Income LKR 5,000.00
Discount Received LKR 2,700.00
Administrative Expenses

Electricity LKR 25,000.00 -LKR 25,000.00

Selling & Distribution Expenses

Bad Debts LKR 2,000.00
Discount Given LKR 1,200.00
Advertising LKR 20,000.00 -LKR 23,200.00
Finance Expenses
Bank Interest LKR 8,000.00 -LKR 8,000.00

Other expenses '

Net Loss (Transferred to Equity) LKR 84,000.00

 Pamod Nanyakkara Enterprises
Statement of Financial Position as at 31.12.2021
LKR LKR
NCA - Building LKR 400,000.00 -
Investment
CA
Cl. Stock LKR 32,000.00
Trade Receivables LKR 35,000.00
Investment Income to be received LKR 5,000.00
Cash in Hand LKR 40,000.00

Total assets

Equity LKR 308,000.00

(-) Drawings LKR 0.00
Net Profit LKR 84,000.00

NCL - 8% Bank Loan LKR 100,000.00

CL - Payables LKR 50,000.00
Bank O/D LKR 12,000.00
Accrued - Bank Interest LKR 8,000.00
Equity + Liabilities
LKR
LKR 400,000.00
LKR 50,000.00

LKR 112,000.00

LKR 562,000.00

LKR 392,000.00

LKR 170,000.00
LKR 562,000.00
 Anura Premadasa Enterprises
Statement of Profit or Loss for the Year ended 31.12.2021
LKR LKR
Sales LKR 100,000.00
(-) Sales Returns LKR 0.00

Opening Stock LKR 10,000.00

Purchases LKR 55,000.00
Carriage Inwards LKR 0.00
(-) Purchase Return LKR 0.00
(-) Cl. Stock A1 -LKR 15,000.00
Cost of Sales LKR 50,000.00
Gross Profit LKR 50,000.00

Other incomes LKR 0.00

Administrative Expenses
Insurance A2 -LKR 1,500.00
Depreciation - Office Furniture A3 -LKR 500.00
Salary A6 -LKR 26,000.00
Office Expense -LKR 15,000.00 -LKR 43,000.00
Selling & Distribution Expenses
Bad Debt A4 -LKR 1,000.00
Provision for Debtful debt A5 -LKR 450.00 -LKR 1,450.00
Finance Expenses
LKR 0.00
LKR 0.00
Other expenses '
LKR 0.00
LKR 0.00
Net Profit (Transferred to Equity) LKR 5,550.00

Workings

A2
Insurance 2000
Prepayment -500
Insurance Exp 2021 1500

A3
Cost - Furnitire 5000
Dep -10% 500

Accumumlated 01.01.2021 2000

Dep 500
Accumumlated 31.12.2021 2500

A4 & A5
Receivables 20000
Bad debt -1000
19000
Provision for doubtful 5% 950 31.12.2021

Receivables 31.12.2021 18050

Provision for doubtful 5% 950 31.12.2021

500 01.01.2021
Provision increased 450

A6
Salary 25000
Accrued 1000
Exp 26000
 Anura Premadasa Enterprises
Statement of Financial Postion as at 31st December 2021
LKR LKR
Non Current Assests
Cost Acc Dp
Furniture LKR 5,000.00 LKR 2,500.00
Total Non current Assets

Current Assets

Stock as at 31.01.2021 A1 LKR 15,000.00

Trade Receivables A4 & A5 LKR 18,050.00
Prepayment - Insurance A2 LKR 500.00
Bank Deposit LKR 1,200.00
Cash in Hand LKR 300.00
Total Current Assets
Total Assets

Equity

Equity LKR 33,000.00

(Drawings) -LKR 6,000.00
Net Profit LKR 5,550.00
Total Equity

Non Current Liability

Current Liabilities
Accrued Salary A6 LKR 1,000.00
Payables LKR 4,000.00

Total Liabilities
r 2021
LKR

NBV
LKR 2,500.00 Asset Cost minus Accumulated dep equal to nbv

LKR 35,050.00

LKR 37,550.00

LKR 32,550.00

LKR 5,000.00
LKR 37,550.00