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  • Demo Company Global - Balance Sheet

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    Nurul Yusmawani
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    The balance sheet shows Demo Company's assets of $15,653.33 consisting of bank accounts, accounts receivable, and fixed assets like computer and office equipment. Liabilities include $12,623.65 in current liabilities such as accounts payable, adjustments, sales tax, and unpaid expenses. The net assets are $3,029.68 which is equal to the current year earnings and total equity.

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    The balance sheet shows Demo Company's assets of $15,653.33 consisting of bank accounts, accounts receivable, and fixed assets like computer and office equipment. Liabilities include $12,623.65 in current liabilities such as accounts payable, adjustments, sales tax, and unpaid expenses. The net assets are $3,029.68 which is equal to the current year earnings and total equity.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views1 page

    Demo Company Global - Balance Sheet

    Uploaded by

    Nurul Yusmawani
    The balance sheet shows Demo Company's assets of $15,653.33 consisting of bank accounts, accounts receivable, and fixed assets like computer and office equipment. Liabilities include $12,623.65 in current liabilities such as accounts payable, adjustments, sales tax, and unpaid expenses. The net assets are $3,029.68 which is equal to the current year earnings and total equity.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Balance Sheet

    Demo Company (Global)


    As at 24 April 2022
    24 APR 2022

    Assets
    Bank
    Business Bank Account 1,760.54
    Total Bank 1,760.54

    Current Assets
    Accounts Receivable 9,194.51
    Total Current Assets 9,194.51

    Fixed Assets
    Computer Equipment 3,774.49
    Office Equipment 923.79
    Total Fixed Assets 4,698.28

    Total Assets 15,653.33

    Liabilities
    Current Liabilities
    Accounts Payable 8,386.76
    Historical Adjustment 4,130.98
    Sales Tax (10.04)
    Unpaid Expense Claims 115.95
    Total Current Liabilities 12,623.65

    Total Liabilities 12,623.65

    Net Assets 3,029.68

    Equity
    Current Year Earnings 3,029.68
    Total Equity 3,029.68

    Balance Sheet Demo Company (Global)

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