ZUYING XUE PLASTICES SHOES FACTORY

Income Statement
For the Twelve Months Ending 07 July 2022

Current Month
Revenues
Sales Income 90,833,869.60 116.70
Interest Income - -
Other Income - -
Sales Discounts - -

Total Revenues 90,833,869.60 116.70

Cost of Sales
Raw Materials Costs 59,290,641.74 76.18
Beginning Inventory 353,201.53 0.45
Direct Labor 1,165,200.00 1.50
Indirect Labor - -
Cost of Sales-Freight 2,251,626.27 2.89
Cost of Sales-Customs Tax 27,163,409.60 34.90
Ending Inventory - 540,890.00 - 0.69

Total Cost of Sales 89,683,189.14 115.22

Gross Profit 1,150,680.46 1.48

Expenses
STORE RENT Expense 1,565,217.36 2.01
Employee Benefit Programs Exp 21,340.00 0.03
Payroll Tax Expense - -
Income Tax Expense - -
Fuel & Oil for Machinay rExp. 1,900,000.00 2.44
Telephone Expense 42,478.25 0.05
Office Supplies Expense - -
Insurance Expense 45,565.00 0.06
Depreciation Expense 64,166.46 0.08
Gain/Loss - Sale of Assets Exp - -

Total Expenses 3,638,767.07 4.68

Net Income - 2,488,086.61 - 3.20

Current Month
1,561,169.69
 ZUYING XUE PLASTICES SHOES FACTORY
Balance Sheet
july 07, 2022

ASSETS

Current Assets
Checking Account 17,554,903.10
Raw Materials Inventory 540,890.00
Other Current Assets 426,909.48

Total Current Assets 18,522,702.58

Property and Equipment
Machinery and Tools 553,334.25
Machinery and Tools Dep. - 303,555.39
Computer and related 11,478.26
Computer and related - 4,591.31
Office Furinture and Equipment - 3,227.36

Total Property and Equipment 253,438.45

Other Assets

Total Other Assets -

Total Assets 18,776,141.03

LIABILITIES AND CAPITAL

Current Liabilities
VAT Payable 383,206.53

Total Current Liabilities 383,206.53

Long-Term Liabilities

Total Long-Term Liabilities -

Total Liabilities 383,206.53

Capital
Retained Earnings 9,392,934.50
Owner's Contribution 9,000,000.00
Net Income -

Total Capital 18,392,934.50

Total Liabilities & Capital 18,776,141.03

9,392,934.50
 ZUYING XUE PLASTICES SHOES FACTORY
General Ledger Trial Balance
As of 07 July 2022

Account ID Account Description Debit Amt Credit Amt

1020 Cash on Hand & at Bank 17,554,903.10
1200 Raw Materials Inventory 540,890.00
1400 Other Current Assets 426,909.48
1500 Machinery and Tools 553,334.25
1501 Machinery and Tools Dep. 303,555.39
1600 Computer and related 11,478.26
1700 Computer and related 4,591.31
1900 Office Furinture and Equipment 3,227.36
2310 VAT Payable 383,206.53
3910 Retained Earnings 5,970,573.25
3920 Owner's Contribution 9,000,000.00
4000 Sales Income 90,432,866.80
5000 Raw Materials Costs 39,329,892.94
5000. Beginning Inventory 353,201.53
5100 Direct Labor 1,165,200.00
5300 Cost of Sales-Freight 2,251,626.27
5400 Cost of Sales-Customs Tax 27,163,409.60
5900 Ending Inventory 540,890.00
6000 STORE RENT Expense 1,865,217.36
6050 Employee Benefit Programs Exp 1,186,540.00
6100 Payroll Tax Expense 128,172.00
6250 Fuel & Oil for Machinay rExp. 1,900,000.00
6450 Telephone Expense 46,739.11
6750 Insurance Expense 45,565.00
6800 Depreciation Expense 174,685.24

Total: 100,668,337.39 100,668,337.39

Account ID Account Description Debit Amt Credit Amt
 ZUYING XUE PLASTICES SHOES FACTORY
General Ledger
For the Period From 1 Aug 2021 to 30 Jun 2022
Account ID Account Description Date Reference Trans Description Debit Amt Credit Amt Balance
1020 Cash on Hand & at Bank 1/8/21 Beginning Balance 15,920,363.87
1020 Cash on Hand & at Bank 10/8/21 029470 VENDORS 2,182,875.56
1020 Cash on Hand & at Bank 10/8/21 025741 VENDORS 16,552,195.28
1020 Cash on Hand & at Bank 10/8/21 025743 VENDORS 4,627,591.35
1020 Cash on Hand & at Bank 10/8/21 025740 VENDORS 2,056,967.78
1020 Cash on Hand & at Bank 10/8/21 025739 VENDORS 4,436,681.16
1020 Cash on Hand & at Bank 14/8/21 026158 VENDORS 1,605,199.83
1020 Cash on Hand & at Bank 29/8/21 027996 VENDORS 2,479,756.45
1020 Cash on Hand & at Bank 31/8/21 1318 VENDORS 4,900.00
1020 Cash on Hand & at Bank 13/9/21 033744 VENDORS 397,120.43
1020 Cash on Hand & at Bank 13/9/21 33745 VENDORS 2,707,559.21
1020 Cash on Hand & at Bank 4/10/21 1149 VENDORS 4,899.99
1020 Cash on Hand & at Bank 7/10/21 036847 VENDORS 2,185,651.09
1020 Cash on Hand & at Bank 8/10/21 037040 VENDORS 1,824,067.81
1020 Cash on Hand & at Bank 8/10/21 37039/13527 VENDORS 351,311.42
1020 Cash on Hand & at Bank 13/10/21 037750 VENDORS 777,036.02
1020 Cash on Hand & at Bank 13/10/21 037749 VENDORS 2,764,088.51
1020 Cash on Hand & at Bank 12/11/21 037711 VENDORS 3,363,852.14
1020 Cash on Hand & at Bank 22/11/21 043271 VENDORS 2,435,228.79
1020 Cash on Hand & at Bank 27/11/21 043890 VENDORS 2,207,652.55
1020 Cash on Hand & at Bank 9/12/21 7621 VENDORS 4,900.00
1020 Cash on Hand & at Bank 4/1/22 1594 VENDORS 107,770.00
1020 Cash on Hand & at Bank 4/1/22 1595 VENDORS 1,077,700.00
1020 Cash on Hand & at Bank 8/1/22 1374 VENDORS 4,900.00
1020 Cash on Hand & at Bank 20/1/22 001949 VENDORS 1,776,288.74
1020 Cash on Hand & at Bank 8/2/22 1154 VENDORS 4,900.00
1020 Cash on Hand & at Bank 24/2/22 1593 VENDORS 107,770.00
1020 Cash on Hand & at Bank 26/2/22 006705 VENDORS 5,780,595.62
1020 Cash on Hand & at Bank 3/3/22 7102/11345 VENDORS 9,795,090.39
1020 Cash on Hand & at Bank 5/3/22 007366 VENDORS 1,789,422.26
1020 Cash on Hand & at Bank 16/3/22 3550 VENDORS 4,900.00
1020 Cash on Hand & at Bank 12/4/22 012382 VENDORS 2,920,802.89
1020 Cash on Hand & at Bank 12/4/22 3156 VENDORS 4,900.00
1020 Cash on Hand & at Bank 19/4/22 013433 VENDORS 9,535,285.54
1020 Cash on Hand & at Bank 3/5/22 1526-1825 CUSTOMERS 79,542,742.74
1020 Cash on Hand & at Bank 4/6/22 0001-0034 CUSTOMERS 4,787,898.50
1020 Cash on Hand & at Bank 10/6/22 8854 VENDORS 14,550.00
1020 Cash on Hand & at Bank 18/6/22 0101-0149 CUSTOMERS 5,098,308.80
1020 Cash on Hand & at Bank 30/6/22 73574 VENDORS 1,900,000.00
Account ID Account Description Date Reference Trans Description Debit Amt Credit Amt Balance
1020 Cash on Hand & at Bank Change 89,428,950.04 87,794,410.81 1,634,539.23
30/6/22 Ending Balance 17,554,903.10
1200 Raw Materials Inventory 1/8/21 Beginning Balance 353,201.53
1200 Raw Materials Inventory 30/6/22 .002 VENDORS 353,201.53
1200 Raw Materials Inventory 30/6/22 .0005 VENDORS 540,890.00
1200 Raw Materials Inventory Change 540,890.00 353,201.53 187,688.47
30/6/22 Ending Balance 540,890.00
1400 Other Current Assets 1/8/21 Beginning Balance 426,909.48
30/6/22 Ending Balance 426,909.48
1500 Machinery and Tools 1/8/21 Beginning Balance 553,334.25
30/6/22 Ending Balance 553,334.25
1501 Machinery and Tools Dep. 1/8/21 Beginning Balance -241,110.67
1501 Machinery and Tools Dep. 30/6/22 .001 VENDORS 62,444.72
1501 Machinery and Tools Dep. Change 62,444.72 -62,444.72
30/6/22 Ending Balance -303,555.39
1600 Computer and related 1/8/21 Beginning Balance 11,478.26
30/6/22 Ending Balance 11,478.26
1700 Computer and related 1/8/21 Beginning Balance -2,869.57
1700 Computer and related 30/6/22 .001 VENDORS 1,721.74
1700 Computer and related Change 1,721.74 -1,721.74
30/6/22 Ending Balance -4,591.31
1900 Office Furinture and Equipment 1/8/21 Beginning Balance -3,227.36
30/6/22 Ending Balance -3,227.36
2310 VAT Payable 1/8/21 Beginning Balance -3,137,058.68
2310 VAT Payable 10/8/21 029470 VENDORS 286,969.50
2310 VAT Payable 10/8/21 025741 VENDORS 1,916,012.25
2310 VAT Payable 10/8/21 025743 VENDORS 573,690.80
2310 VAT Payable 10/8/21 025740 VENDORS 279,210.90
2310 VAT Payable 10/8/21 025739 VENDORS 535,354.05
2310 VAT Payable 14/8/21 026158 VENDORS 292,486.45
2310 VAT Payable 29/8/21 027996 VENDORS 322,077.20
2310 VAT Payable 31/8/21 1318 VENDORS 639.13
2310 VAT Payable 13/9/21 033744 VENDORS 300,415.30
2310 VAT Payable 13/9/21 33745 VENDORS 937,131.60
2310 VAT Payable 4/10/21 1149 VENDORS 639.13
2310 VAT Payable 7/10/21 036847 VENDORS 284,911.50
2310 VAT Payable 8/10/21 037040 VENDORS 629,789.45
2310 VAT Payable 8/10/21 37039/13527 VENDORS 117,527.95
2310 VAT Payable 13/10/21 037750 VENDORS 527,462.70
2310 VAT Payable 13/10/21 037749 VENDORS 38,556.75
2310 VAT Payable 12/11/21 037711 VENDORS 538,514.25
2310 VAT Payable 22/11/21 043271 VENDORS 234,782.60
2310 VAT Payable 22/11/21 043271 VENDORS 632,278.20
2310 VAT Payable 27/11/21 043890 VENDORS 287,760.30
Account ID Account Description Date Reference Trans Description Debit Amt Credit Amt Balance
2310 VAT Payable 9/12/21 7621 VENDORS 639.13
2310 VAT Payable 4/1/22 1595 VENDORS 106,700.00
2310 VAT Payable 8/1/22 1374 VENDORS 639.13
2310 VAT Payable 20/1/22 001949 VENDORS 1,357,833.95
2310 VAT Payable 8/2/22 1154 VENDORS 639.13
2310 VAT Payable 26/2/22 006705 VENDORS 825,207.25
2310 VAT Payable 5/3/22 007366 VENDORS 1,337,068.70
2310 VAT Payable 16/3/22 3550 VENDORS 639.13
2310 VAT Payable 12/4/22 012382 VENDORS 383,740.70
2310 VAT Payable 12/4/22 3156 VENDORS 639.13
2310 VAT Payable 19/4/22 013433 VENDORS 1,597,078.50
2310 VAT Payable 3/5/22 1526-1825 CUSTOMERS 10,305,575.14
2310 VAT Payable 4/6/22 0001-0034 CUSTOMERS 624,508.50
2310 VAT Payable 10/6/22 8854 VENDORS 1,897.83
2310 VAT Payable 18/6/22 0101-0149 CUSTOMERS 664,996.80
2310 VAT Payable Change 14,348,932.59 11,595,080.44 2,753,852.15
30/6/22 Ending Balance -383,206.53
3910 Retained Earnings 1/8/21 Beginning Balance 5,970,573.25
30/6/22 Ending Balance 5,970,573.25
3920 Owner's Contribution 1/8/21 Beginning Balance -9,000,000.00
30/6/22 Ending Balance -9,000,000.00
4000 Sales Income 1/8/21 Beginning Balance -12,598,997.20
4000 Sales Income 3/5/22 1526-1825 CUSTOMERS 69,237,167.60
4000 Sales Income 4/6/22 0001-0034 CUSTOMERS 4,163,390.00
4000 Sales Income 18/6/22 0101-0149 CUSTOMERS 4,433,312.00
4000 Sales Income Change 77,833,869.60 -77,833,869.60
30/6/22 Ending Balance -90,432,866.80
5000 Raw Materials Costs 1/8/21 Beginning Balance 39,251.20
5000 Raw Materials Costs 10/8/21 029470 VENDORS 1,621,660.70
5000 Raw Materials Costs 10/8/21 025741 VENDORS 10,142,293.41
5000 Raw Materials Costs 10/8/21 025743 VENDORS 2,601,953.83
5000 Raw Materials Costs 10/8/21 025740 VENDORS 1,513,316.11
5000 Raw Materials Costs 10/8/21 025739 VENDORS 2,772,303.55
5000 Raw Materials Costs 14/8/21 026158 VENDORS 686,100.82
5000 Raw Materials Costs 29/8/21 027996 VENDORS 1,894,938.00
5000 Raw Materials Costs 7/10/21 036847 VENDORS 1,899,410.00
5000 Raw Materials Costs 12/11/21 037711 VENDORS 1,041,751.76
5000 Raw Materials Costs 27/11/21 043890 VENDORS 1,918,402.00
5000 Raw Materials Costs 26/2/22 006705 VENDORS 4,085,723.25
5000 Raw Materials Costs 12/4/22 012382 VENDORS 2,148,285.36
5000 Raw Materials Costs 19/4/22 013433 VENDORS 6,964,502.95
5000 Raw Materials Costs Change 39,290,641.74 39,290,641.74
30/6/22 Ending Balance 39,329,892.94
5000. Beginning Inventory 1/8/21 Beginning Balance
Account ID Account Description Date Reference Trans Description Debit Amt Credit Amt Balance
5000. Beginning Inventory 30/6/22 .002 VENDORS 353,201.53
5000. Beginning Inventory Change 353,201.53 353,201.53
30/6/22 Ending Balance 353,201.53
5100 Direct Labor 1/8/21 Beginning Balance
5100 Direct Labor 4/1/22 1594 VENDORS 97,100.00
5100 Direct Labor 4/1/22 1595 VENDORS 971,000.00
5100 Direct Labor 24/2/22 1593 VENDORS 97,100.00
5100 Direct Labor Change 1,165,200.00 1,165,200.00
30/6/22 Ending Balance 1,165,200.00
5300 Cost of Sales-Freight 1/8/21 Beginning Balance
5300 Cost of Sales-Freight 10/8/21 029470 VENDORS 179,623.20
5300 Cost of Sales-Freight 10/8/21 025741 VENDORS 370,946.03
5300 Cost of Sales-Freight 10/8/21 025743 VENDORS 108,826.20
5300 Cost of Sales-Freight 10/8/21 025740 VENDORS 170,220.80
5300 Cost of Sales-Freight 10/8/21 025739 VENDORS 110,972.70
5300 Cost of Sales-Freight 14/8/21 026158 VENDORS 68,520.20
5300 Cost of Sales-Freight 29/8/21 027996 VENDORS 155,879.50
5300 Cost of Sales-Freight 12/11/21 037711 VENDORS 85,702.00
5300 Cost of Sales-Freight 26/2/22 006705 VENDORS 237,257.02
5300 Cost of Sales-Freight 12/4/22 012382 VENDORS 261,657.54
5300 Cost of Sales-Freight 19/4/22 013433 VENDORS 502,021.08
5300 Cost of Sales-Freight Change 2,251,626.27 2,251,626.27
30/6/22 Ending Balance 2,251,626.27
5400 Cost of Sales-Customs Tax 1/8/21 Beginning Balance
5400 Cost of Sales-Customs Tax 10/8/21 029470 VENDORS 92,376.87
5400 Cost of Sales-Customs Tax 10/8/21 025741 VENDORS 4,112,097.21
5400 Cost of Sales-Customs Tax 10/8/21 025743 VENDORS 1,339,009.31
5400 Cost of Sales-Customs Tax 10/8/21 025740 VENDORS 89,879.34
5400 Cost of Sales-Customs Tax 10/8/21 025739 VENDORS 1,013,735.25
5400 Cost of Sales-Customs Tax 14/8/21 026158 VENDORS 555,674.00
5400 Cost of Sales-Customs Tax 29/8/21 027996 VENDORS 104,189.53
5400 Cost of Sales-Customs Tax 13/9/21 033744 VENDORS 96,705.13
5400 Cost of Sales-Customs Tax 13/9/21 33745 VENDORS 1,770,427.61
5400 Cost of Sales-Customs Tax 7/10/21 036847 VENDORS 1,329.59
5400 Cost of Sales-Customs Tax 8/10/21 037040 VENDORS 1,194,278.36
5400 Cost of Sales-Customs Tax 8/10/21 37039/13527 VENDORS 233,783.47
5400 Cost of Sales-Customs Tax 13/10/21 037750 VENDORS 249,573.32
5400 Cost of Sales-Customs Tax 13/10/21 037749 VENDORS 89,707.90
5400 Cost of Sales-Customs Tax 13/10/21 037749 VENDORS 2,635,823.86
5400 Cost of Sales-Customs Tax 12/11/21 037711 VENDORS 1,697,884.13
5400 Cost of Sales-Customs Tax 22/11/21 043271 VENDORS 2,950.63
5400 Cost of Sales-Customs Tax 27/11/21 043890 VENDORS 1,490.25
5400 Cost of Sales-Customs Tax 20/1/22 001949 VENDORS 418,454.79
5400 Cost of Sales-Customs Tax 26/2/22 006705 VENDORS 627,469.28
Account ID Account Description Date Reference Trans Description Debit Amt Credit Amt Balance
5400 Cost of Sales-Customs Tax 3/3/22 7102/11345 VENDORS 9,795,090.39
5400 Cost of Sales-Customs Tax 5/3/22 007366 VENDORS 452,353.56
5400 Cost of Sales-Customs Tax 12/4/22 012382 VENDORS 123,527.91
5400 Cost of Sales-Customs Tax 19/4/22 013433 VENDORS 465,597.91
5400 Cost of Sales-Customs Tax Change 27,163,409.60 27,163,409.60
30/6/22 Ending Balance 27,163,409.60
5900 Ending Inventory 1/8/21 Beginning Balance
5900 Ending Inventory 30/6/22 .0005 VENDORS 540,890.00
5900 Ending Inventory Change 540,890.00 -540,890.00
30/6/22 Ending Balance -540,890.00
6000 STORE RENT Expense 1/8/21 Beginning Balance 300,000.00

6000 STORE RENT Expense 22/11/21 043271 VENDORS - Store Rent 1,565,217.36
6000 STORE RENT Expense Change 1,565,217.36 1,565,217.36
30/6/22 Ending Balance 1,865,217.36
6050 Employee Benefit Programs Exp 1/8/21 Beginning Balance 1,165,200.00
6050 Employee Benefit Programs Exp 4/1/22 1594 VENDORS 10,670.00
6050 Employee Benefit Programs Exp 24/2/22 1593 VENDORS 10,670.00
6050 Employee Benefit Programs Exp Change 21,340.00 21,340.00
30/6/22 Ending Balance 1,186,540.00
6100 Payroll Tax Expense 1/8/21 Beginning Balance 128,172.00
30/6/22 Ending Balance 128,172.00
6250 Fuel & Oil for Machinay rExp. 1/8/21 Beginning Balance
6250 Fuel & Oil for Machinay rExp. 30/6/22 73574 VENDORS 1,900,000.00
6250 Fuel & Oil for Machinay rExp. Change 1,900,000.00 1,900,000.00
30/6/22 Ending Balance 1,900,000.00
6450 Telephone Expense 1/8/21 Beginning Balance 4,260.86
6450 Telephone Expense 31/8/21 1318 VENDORS 4,260.87
6450 Telephone Expense 4/10/21 1149 VENDORS 4,260.86
6450 Telephone Expense 9/12/21 7621 VENDORS 4,260.87
6450 Telephone Expense 8/1/22 1374 VENDORS 4,260.87
6450 Telephone Expense 8/2/22 1154 VENDORS 4,260.87
6450 Telephone Expense 16/3/22 3550 VENDORS 4,260.87
6450 Telephone Expense 12/4/22 3156 VENDORS 4,260.87
6450 Telephone Expense 10/6/22 8854 VENDORS 12,652.17
6450 Telephone Expense Change 42,478.25 42,478.25
30/6/22 Ending Balance 46,739.11
6750 Insurance Expense 1/8/21 Beginning Balance
6750 Insurance Expense 10/8/21 029470 VENDORS 2,245.29
6750 Insurance Expense 10/8/21 025741 VENDORS 10,846.38
6750 Insurance Expense 10/8/21 025743 VENDORS 4,111.21
6750 Insurance Expense 10/8/21 025740 VENDORS 4,340.63
6750 Insurance Expense 10/8/21 025739 VENDORS 4,315.61
6750 Insurance Expense 14/8/21 026158 VENDORS 2,418.36
Account ID Account Description Date Reference Trans Description Debit Amt Credit Amt Balance
6750 Insurance Expense 29/8/21 027996 VENDORS 2,672.22
6750 Insurance Expense 26/2/22 006705 VENDORS 4,938.82
6750 Insurance Expense 12/4/22 012382 VENDORS 3,591.38
6750 Insurance Expense 19/4/22 013433 VENDORS 6,085.10
6750 Insurance Expense Change 45,565.00 45,565.00
30/6/22 Ending Balance 45,565.00
6800 Depreciation Expense 1/8/21 Beginning Balance 110,518.78
6800 Depreciation Expense 30/6/22 .001 VENDORS 64,166.46
6800 Depreciation Expense Change 64,166.46 64,166.46
30/6/22 Ending Balance 174,685.24