Professional Documents
Culture Documents
Kyle
Kyle
NP - 100,000.00 100,000.00
AP - 200,000.00 200,000.00
UII - - 10,000.00 - 10,000.00
Capital - 415,000.00 415,000.00
Total - 705,000.00 705,000.00
Capital statement
Beg -
+ 100,000.00
- - 200,000.00
+NI 315,000.00 (squeezed)
End 415,000.00
Cash Sales 500,000.00 BI -
Sales on Account 1,480,000.00 Net Purch 1,248,000.00
Less: SD 20,000.00 TGAS 1,248,000.00
Less: SRA 80,000.00 EI 320,000.00
Net Sales 1,880,000.00 COGS 928,000.00
Less: COGS 928,000.00
GP 952,000.00
Less: Ins Exp 50,000.00 30 + 20
Less: Dep
Less: Other Exp 690,000.00
Add: Int Inc 75,000.00 55+20
NI 287,000.00
750+320+270-22-70