Subject: SCC 111 Advance Accounting

T-ACCOUNTS

CASH A/R
900,000.00 4,500.00
7,100.00 15,000.00 25,000.00 15,000.00
15,000.00 4,000.00 48,000.00 5,000.00
12, 000.00 20,000.00 73,000.00 20,000.00
5,000.00 18,200.00 53,000.00
774,200.00 20,000.00
6,200.00
25,000.00
36,000.00
16,000.00

OFFICE SUPPLIES LAND

4,000.00 3,000,000.00

BUILDING OFFICE FURNITURE

2,000,000.00 36,000.00
 Subject: SCC 111 Advance Accounting

OFFICE EQUIPMENT ACCOUNTS PAYABLE

36,000.00 36,000.00
40,000.00
20,000.00
20,000.00

MORTGAGE PAYABLE AMB CAPITAL

25,000.00 800,000.00 5,100,000.00

775,000.00

AMB DRAWING PROFESSIONAL INCOME

20,000.00 25,000.00
7,100.00
60,000.00
92,100.00
 Subject: SCC 111 Advance Accounting

SALARIES EXPENSE RENT EXPENSE

18,200.00 15,000.00
16,000.00
34,200.00

MISCELLANEOUS EXPENSE
TELEPHONE AND LIGHT EXPENSE
4,500.00
6,200.00
Subject: SCC 111 Advance Accounting

AMB CONSULTANCY BUSINESS

TRIAL BALANCE

TRIAL BALANCE DR CR
CASH 774,200.00
A/R 53,000.00
OFFICE SUPPLIES 4,000.00
LAND 3,000,000.00
BUILDING 2,000,0000.00
OFFICE FURNITURE 36,000.00
OFFICE EQUIPMENT 40,000.00
A/P 20,000.00
MORTGAGE PAYABLE 775,000.00
AMB, CAPITAL 5,100,000.00
AMB, DRAWINGS 20,000.00
PROFESSIONAL INCOME 92,100.00
SALARIES EXPENSE 34,200.00
RENT EXPENSE 15,000.00
TEL AND LIGHTS EXP 6,200.00
MIS. EXPENSE 4,500.00
TOTAL 5, 987,100.00 5, 987,100.00
AMB CONSULTANCY BUSINESS
INCOME STATEMENT
FOR THE INTERIM YEAR ENDED DECEMBER 31, 2022

Professional Income 92,100.00

Less Expense
Salaries Expense 34,200.00
Rent Expense 15,000.00
Tel and Light Expense 6,200.00
Miscellaneous Expense 4,500.00 55,900.00
55,900.00 32,200.00

AMB CONSULTANCY BUSINESS

STATEMENT OF CHANGE IN OWNERS EQUITY
AS OF DECEMBER 31, 2022

AMB, CAPITAL BEG. 5,100,000.00

ADD NET INCOME 32,200.00
AMB, DRAWINGS 20,000.00
AMB, CAPITAL ENDING 5,112,200.00
Subject: SCC 111 Advance Accounting

AMB CONSULTANCY BUSINESS

BALANCE SHEET
AS OF DECEMBER 31, 2022

ASSET CURRENT
CASH 774,200.00
A/R 53,000.00
OFFICE SUPPLIES 4,000.00
N-CURRENT
LAND 3,000,000.00
BUILDING 2,000,000.00
OFFICE EQUIPMENT 40,000.00
OFFICE FURNITURE 36,000.00
TOTAL ASSETS 5,907,200.00
LIABILITIES
CURRENT
A/P 20,000.00
MORTGAGE PAYABLE 775,000.00
795,000.00 5,112,200.00