Balance Sheet

In November, 2021
Assets
Non-current assets
Equipment 160,000,000
Less: Accumulated depreciation - equipment 3,550,000
Total non-current assets 156,450,000
Current assets
Prepaid insurance 10,000,000
Supplies 19,000,000
Account receivable 101,000,000
Cash 482,000,000
Inventory 625,000,000
Total current assets 1,237,000,000
Total assets 1,393,450,000
Equity and Liabilities
Equity
Share capital-Ordinary 2,000,000,000
Retained earnings 176,200,000
Total equity 2,176,200,000
Liabilities
Current liabilities
Notes payable 100,000,000
Interest payable 750,000
Total liabilities 100,750,000
Total equity and liabilities 2,276,950,000
 November, 2021
Monetary unit: Dong
Revenue
Service Revenue 283,000,000
Less: Expense
Salaries and wages expense 52,000,000
Rent expense 20,000,000
Depreciation expense 3,550,000
Insurance expense 10,000,000
Supplies expense 19,000,000
Interest expense 750,000
Miscellaneous expense 1,500,000
Total expense 106,800,000
Net income 176,200,000

r 0.75%