Journal Report

Carpet Laundry Services

From 2020-12-01 To 2020-12-31

Account

110201 - Bank Current Account - Bank Name

3101 - Registered capital

Account
110201 - Bank Current Account - Bank Name
110403 - Prepaid Fire Insurance

Account
110201 - Bank Current Account - Bank Name
110402 - Prepaid rent

Account
110201 - Bank Current Account - Bank Name

5105 - Legal Services Fees

Account
110201 - Bank Current Account - Bank Name

120105 - Industrial Carpet-Cleaning Equipment

2101 - Accounts payable

Account
2101 - Accounts payable

5203 -
Marketing and advertising
Account
1103 - Accounts receivable

4101 - Revenue of Products and services

Sales

Account
110201 - Bank Current Account - Bank Name

3103 - Owner's Drawings

Account
110201 - Bank Current Account - Bank Name

1103 - Accounts receivable

Account
110201 - Bank Current Account - Bank Name

2107 - Unearned revenues

Account
2101 - Accounts payable

5210 - Utilities expenses

Manual Journal Entry 1 Entry number 1 1/12/2020
Detail Debit Credit comments
20,000.00 $

20,000.00 $

20,000.00 $ 20,000.00 $
Manual Journal Entry 2 Entry number 2 1/12/2020
Detail Debit Credit comments
1,200.00 $
1,200.00 $

1,200.00 $ 1,200.00 $
Manual Journal Entry 3 Entry number 3 1/12/2020
Detail Debit Credit comments
12,000.00 $

12,000.00 $
12,000.00 $ 12,000.00 $
Manual Journal Entry 4 Entry number 4 1/12/2020
Detail Debit Credit comments
500.00 $

500.00 $
500.00 $ 500.00 $
Manual Journal Entry 5 Entry number 5 1/12/2020
Detail Debit Credit comments
2,000.00 $ 4,000.00 $

6,000.00 $

6,000.00 $ 6,000.00 $
Manual Journal Entry 6 Entry number 6 14/12/2020
Detail Debit Credit comments
200.00 $

200.00 $
200.00 $ 200.00 $
Manual Journal Entry 7 Entry number 7 18/12/2020
Detail Debit Credit comments
6,200.00 $

6,200.00 $

6,200.00 $ 6,200.00 $
Manual Journal Entry 8 Entry number 8 19/12/2020
Detail Debit Credit comments
700.00 $

700.00 $
700.00 $ 700.00 $
Manual Journal Entry 9 Entry number 9 20/12/2020
Detail Debit Credit comments
5,000.00 $

5,000.00 $

5,000.00 $ 5,000.00 $
Manual Journal Entry 10 Entry number 10 30/12/2020
Detail Debit Credit comments
2,000.00 $

2,000.00 $

2,000.00 $ 2,000.00 $
Manual Journal Entry 11 Entry number 11 30/12/2020
Detail Debit Credit comments
500.00 $

500.00 $

500.00 $ 500.00 $
1.Current ratio

2.Debt to equity ratio

3. receivable's turnover

4.collection period

5.Interest Coverage Ratio

6.Days in Inventoty

7.Return on Assets

8.Net Profit margin

9.Gross Profit margin

10.Return on Equity

i recommend to invist in pepsi due to :

1.highr return on equity (efficiency)
2.low inventory days (low inventory recession)
 Coca-cola Pepsico
current assets /current liabilities current assets /current liabilities
17551/13721 = 1.28 12571/8756 =1.44

Equity =24799 Equity = 16804

Debt to equity ratio = 23872/24799= 96% Debt to equity ratio = 23044/16804 = 137%

net sales / net receivable net sales / net receivable

9.05 9.29

365/acc recievable turnover 365/acc recievable turnover

40.33 day 39.29 day

6824+2040+355/355= 26 time 5946+2100+397/397= 21 time

365days/4.9= 74.5 days 365days/7.8= 46.8 days

6824/48671 =14% 5946/39848 = 15%

6824/30990 = 22% 5946/43232 = 14%

30990-11088/30990 = 64% 43232-20099/43232 = 54%

6824/24799 =28% 5946/16804 = 35%

psi due to :
fficiency)
ventory recession)
 Actual forcast
sales 2300 2400
cogs 1840 1752
gross profit 460 648
SG&A 180 168
EBITDA 280 480
DEPRECIATION AND AMORTIZA 202 202
EBIT 78 278
INTEREST 50 50
EBT 28 228
TAX 11.2 91.2
NET EARNING 16.8 136.8
variance variance %
-100 -4%
88 5%
-188 -29%
12 7%
-200 -42%
- -
-200 -72%
- -
-200 -88%
-80 -88%
-120 -88%