ACCOUNT CLASSIFICATION AND PRESENTATIO

ACCOUNT TITLE CLASSIFICATION

ACCOUNTS PAYABLE CURRENT LIABILITY

ACCOUNTS RECEIVABLE CURRENT ASSET
ACCUMULATED DEPRECIATION - BUILDING PLANT ASSET CONTRA
ACCUMULATED DEPRECIATION - EQUIPMENT PLANT ASSET CONTRA
ADVERTISING EXPENSES OPERATING EXPENSES
ALLOWANCE FOR DOUBTFUL ACCOUNTS CURRENT ASSET - CONTRA
AMORTIZATION EXPENSE OPERATING EXPENSES
BAD DEBT EXPENSE OPERATING EXPENSES
BONDS PAYABLE LONG TERM LIABILITY
BUILDING PLANT ASSETS
CASH CURRENT ASSETS
COMMON STOCK STOCKHOLDERS' EQUITY
COPYRIGHTS INTANGIBLE ASSET
COST OF GOODS SOLD COST OF GOODS SOLD
DEBT INVESTEMENTS CURRENT ASSETS/LONG TERM INVESTMENT
DEPRECIATION EXPENSES OPERATING EXPENSES
DISCOUNT ON BONDS PAYABLE LONG TERM LIABILITY - CONTRA
DIVIDENDS TEMPORARY ACCOUNT CLOSED TO RETAINED EARNINGS
DIVIDENDS PAYABLE CURRENT LIABILITY
EQUIPMENT PLANT ASSETS
FREIGHT OUT OPERATING EXPENSES
GAIN ON DISPOSAL OF PLANT ASSETS OTHER INCOME
GOODWILL INTANGIBLE ASSET
INCOME SUMMARY TEMPORARY ACCOUNT CLOSED TO RETAINED EARNINGS
INCOME TAX EXPENSES INCOME TAX EXPENSES
INCOME TAX PAYABLE CURRENT LIABILITY
INSURANCE EXPENSES OPERATING EXPENSES
INTEREST EXPENSES OTHER EXPENSES
INTEREST PAYABLE CURRENT LIABILITY
INTERST RECEIVABLE CURRENT ASSETS
INTEREST REVENUE OTHER INCOME
INVENTORY CURRENT ASSETS
LAND PLANT ASSETS
LOSS ON DISPOSAL OF PLANT ASSETS OTHER EXPENSES
MAINTANCE AND REPAIR EXPENSES OPERATING EXPENSES
MORTAGE PAYABLE LONG TERM LIABILITY
NOTES PAYABLE CURRENT LIABILITY / LONG TERM LIABILITY
OWNER'S CAPITAL OWNER'EQUITY
OWNER'S DRAWINGS TEMPORARY ACCOUNT CLOSED TO OWNER'S CAPITAL
PATENTS INTANGIBLE ASSET
PAID IN CAPITAL IN EXCESS OF PAR COMMON STOCK STOCKHOLDERS' EQUITY
PAID IN CAPITAL IN EXCESS OF PAR PREFFERED STOCK STOCKHOLDERS' EQUITY
PTRFFERED STOCK STOCKHOLDERS' EQUITY
PREMIUM ON BONDS PAYABLE LONG TERM LIABILITY
PREPAID INSURANCE CURRENT ASSETS
PREPAID RENT CURRENT ASSETS
RENT EXPENSES OPERATING EXPENSES
RETAINED EARNINGS STOCKHOLDERS' EQUITY
SALARIES AND WAGES EXPENSES OPERATING EXPENSES
SALARIES AND WAGES PAYABLE CURRENT LIABILITY
SALES DISCOUNTS REVENUE - CONTRA
SALES RETURN AND ALLOWANCES REVENUE - CONTRA
SALES REVENUE REVENUE
SELLING EXPENSES OPERATING EXPENSES
SERVICE REVENUE REVENUE
STOCK INVESTMENTS CURRENT ASSETS/LONG TERM INVESTMENT
SUPPLIES CURRENT ASSETS
SUPPLIES EXPENSES OPERATING EXPENSES
TREASURY STOCK STOCKHOLDERS' EQUITY - CONTRA
UNEARNED SERVICE REVENUE CURRENT LIABILITY
UTILITIES EXPENSES OPERATING EXPENSES
UNT CLASSIFICATION AND PRESENTATION

CLASSIFICATION FINANCIAL STATEMENT NORMAL BALANCE

BALANCE SHEET CREDIT

BALANCE SHEET DEBIT
BALANCE SHEET CREDIT
BALANCE SHEET CREDIT
INCOME STATEMENT DEBIT
NTRA BALANCE SHEET CREDIT
INCOME STATEMENT DEBIT
INCOME STATEMENT DEBIT
BALANCE SHEET CREDIT
BALANCE SHEET DEBIT
BALANCE SHEET DEBIT
TY BALANCE SHEET CREDIT
BALANCE SHEET DEBIT
INCOME STATEMENT DEBIT
G TERM INVESTMENT BALANCE SHEET DEBIT
INCOME STATEMENT DEBIT
- CONTRA BALANCE SHEET DEBIT
T CLOSED TO RETAINED EARNINGS RETAINED EARNINGS STAYEMENT DEBIT
BALANCE SHEET CREDIT
BALANCE SHEET DEBIT
INCOME STATEMENT DEBIT
INCOME STATEMENT CREDIT
BALANCE SHEET DEBIT
T CLOSED TO RETAINED EARNINGS NOT APPLICABLE N/A
S INCOME STATEMENT DEBIT
BALANCE SHEET CREDIT
INCOME STATEMENT DEBIT
INCOME STATEMENT DEBIT
BALANCE SHEET CREDIT
BALANCE SHEET DEBIT
INCOME STATEMENT CREDIT
BALANCE SHEET DEBIT
BALANCE SHEET DEBIT
INCOME STATEMENT DEBIT
INCOME STATEMENT DEBIT
BALANCE SHEET CREDIT
ONG TERM LIABILITY BALANCE SHEET CREDIT
OWNER'S EQUITY AND BALANCE SHEET CREDIT
T CLOSED TO OWNER'S CAPITAL OWNER'S EQUITY DEBIT
BALANCE SHEET DEBIT
TY BALANCE SHEET CREDIT
TY BALANCE SHEET CREDIT
TY BALANCE SHEET CREDIT
BALANCE SHEET CREDIT
BALANCE SHEET DEBIT
BALANCE SHEET DEBIT
INCOME STATEMENT DEBIT
TY BALANCE SHEET AND RETAINED EARNINGS STATEMENT CREDIT
INCOME STATEMENT DEBIT
BALANCE SHEET CREDIT
INCOME STATEMENT DEBIT
INCOME STATEMENT DEBIT
INCOME STATEMENT CREDIT
INCOME STATEMENT DEBIT
INCOME STATEMENT CREDIT
G TERM INVESTMENT BALANCE SHEET DEBIT
BALANCE SHEET DEBIT
INCOME STATEMENT DEBIT
TY - CONTRA BALANCE SHEET DEBIT
BALANCE SHEET CREDIT
INCOME STATEMENT DEBIT
 ASSETS LIABILITIES
CASH NOTES PAYABLE
ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE
ALLOWANCE FOR DOUBTFUL ACCOUNTS UNEARNED SERVICE REVENUE
INTEREST RECEIVABLE SALARIES AND WAGES PAYABLE
INVENTORY UNEARNED RENT REVENUE
SUPPLIES INTEREST PAYABLE
PREPAID INSURANCE DIVIDENDS PAYABLE
PREPAID RENT INCOME TAXES PAYABLE
LAND BONDS PAYABLE
EQUIPMENT DISCOUNT ON BONDS PAYABLE
ACCUMULATED DEPRECIATION EQUIPMENT PREMIUM ON BONDS PAYABLE
BUILDINGS MORTAGE PAYABLE
ACCUMULATED DEPRECIATION BUILDINGS
COPY RIGHTS
GOODWILL
PATENTS
 OWNER,S AND STOCKHOLDERS EQUITY REVENUES
OWNER'S CAPITAL SERVICE REVENUE
OWNER'S DRWINGS SALES REVENUE
COMMON STOCK SALES DISCOUNTS
PAID IN CAPITAL IN EXCESS OF PAR COMMON STOCK SALES RETURNS AND ALLOWANCES
PREFFERED STOCK INTEREST REVENUE
PAID IN CAPITAL IN EXCESS OF PAR PREFFERED STOCK GAIN ON DISPOSAL OF PLANT ASSETS
TREASURY STOCK
RETAINED EARNINGS
DIVIDENDS
INCOME SUMMARY
 EXPENSES
ADVERTISING EXPENSES
AMORTIZATION EXPENSES
BAD DEBT EXPENSES
COST OF GOODS SOLD
DEPRECIATION EXPENSES
FREIGHT OUT
INCOME TAX EXPENSES
INSURANCE EXPENSES
INTEREST EXPENSES
LOSS ON DISPOSAL OF PLANT SSETS
MAINTENANCE AND REPAIRS EXPENSES
RENT EXPENSES
SALARIES AND WAGES EXPENSES
SUPPLIES EXPENSES
UTILITIES EXPENSES
 DATE ACCOUNT TITLE & EXPLANATION REF. DEBIT
MARCH 1 CASH 20,000.00
CAPITAL
(OWNER INVESTED CAPITAL IN CASH)

3 LAND 12,000.00
BUILDING 2,000.00
EQUIPMENT 1,000.00
CASH
(PURCHASE OF LAND, BUILDING & EQUIPMENT)

5 ADVERTISING EXPENSES 900.00

CASH
PAYMENT OF ADVERTISING EXPENSES)

6 PREPAID INSURANCE 600.00

CASH
(PAYMENT OF ONE YEAR INSURANCE PREMIUM)

10 EQUIPMENT 1,050.00
ACCOUNTS PAYABLE
(CREDIT PURCHASE OF EQUIPMENT)

18 CASH 1,100.00
SERVICE REVENUE
(EARNED SERVICE REVENUE)

19 CASH 1,500.00
UNEARNED SERVICE REVENUE
RECEIVD CASHAGAINST SERVICE TOBE PROVIDED)

25 DRAWINGS 8,900.00
CASH
(AMOUNT DRAWN BY THE OWNER)

30 SALARIES AND WAGES EXPENSES 250.00

CASH
(PAYMENT OF Salaries)

30 ACCOUNTS PAYABLE 1,050.00

CASH
(PAYMENT MADE TO CREDITORS)

31 CASH 2,700.00
SERVICE REVENUE
(RECEIVED CASH FOR RENDERING SERVICES)
CREDIT

20,000.00

15,000.00

900.00

600.00

1,050.00

1,100.00

1,500.00

800.00

250.00

1,050.00

2,700.00
REQUIREMENT-A
1 OWNER INVESTED TK. 5,000 CASH IN THE BUSINESS
2 PURCHASED EQUIPMENT FOR TK. 5,000 , CASH TK. 2,000 AND ON NACCOUNT TK. 3,000.00
3 CASH PURCHASE OF SUPPLIES FOR TK. 750.00
4 DELIVERSERVICE FORTK. 8,500.00. CASH TK. 4,600.00, ON ACCOUNT TK. 3,900.00
5 PAID TK. 1,500.00 AGAINST ACCOUNTS PAYABLE
6 DRAWINGS TK. 2,000.00 IN CASH
7 PAID RENT TK. 650.00 IN CASH
8 RECEIVED TK. 450.00 AGAINST ACCOUNTS RECEIVABLE
9. PAYMENT OF SALARIES AND WAGES TK. 4,800.00 IN CASH
10 UTILITIES EXPENSES INCURRED ON ACCOUNT.

REQUIREMENT-B

INVESTMENT 15,000.00
SERVICE REVENUE 8,500.00
DRAWINGS (2,000.00)
RENT EXPENSES (650.00)
SALARIES AND WAGES EXPENSES (4,800.00)
UTILITIES EXPENSES (400.00)

INCREASE IN OWNER'EQUITY 15,650.00

REQUIREMENT-C

SERVICE REVENUE 8,500.00

RENT EXPENSES (650.00)
SALARIES AND WAGES EXPENSES (4,800.00)
UTILITIES EXPENSES (400.00)

NET INCOME 2,650.00

 ASSETS ⁼ LIABILITIES
DATE CASH ₊ A/C RECEIVABLE ₊ SUPPLIES ₊ EQUIPMENT ⁼ NOTES PAYABLE
MAY 1 7,000.00
2 (900.00)
3 600.00
5 (125.00)
9 4,000.00
12 (1,000.00)
15 5,400.00
17 (2,500.00)
20 (600.00)
23 4,000.00 (4,000.00)
26 5,000.00 5,000.00
29 4,200.00
30 (275.00)

14,600.00 1,400.00 600.00 4,200.00 5,000.00

TOTAL ASSETS TOTAL LIABILITIES

20,800.00 9,

TOTAL ASSETS 20,800.00 ⁼ LIABILITY + OWNER'S EQUITY

 LIABILITIES ₊ OWNER,S EQUITY
₊ A/C PAYABLE ₊ OWNER'S CAPITAL ⁻ OWNER'S DRAWINGS ₊ REVENUES ⁻ EXPENSES
7,000.00
(900.00)
600.00
(125.00)
4,000.00
(1,000.00)
5,400.00
(2,500.00)
(600.00)

4,200.00
(275.00)

4,200.00 7,000.00 (1,000.00) 9,400.00 (3,800.00)

TOTAL LIABILITIES OWNER,S EQUITY

9,200.00 11,600.00

20,800.00
 ALPHA COMPANY BETA COMPANY PSI COMPANY
JANAUARY-01, 2017
ASSETS 80,000.00 90,000.00 129,000.00
LIBILITIES 41,000.00 50,000.00 80,000.00
OWNER' QUITY 39,000.00 40,000.00 49,000.00

DECEMBER 31, 2017

ASSETS 110,000.00 112,000.00 170,000.00
LIBILITIES 60,000.00 72,000.00 88,000.00
OWNER' QUITY 50,000.00 40,000.00 82,000.00

OWNER'S EQUITY CHANGES IN YEAR

ADDITIONAL INVESTMENT 9,000.00 8,000.00 10,000.00
DRAWINGS 15,000.00 33,000.00 12,000.00
TOTAL REVENUES 350,000.00 410,000.00 385,000.00
TOTAL EXPENSES 333,000.00 385,000.00 350,000.00
OMRGA COMPANY

150,000.00
60,000.00
90,000.00

251,000.00
100,000.00
151,000.00

15,000.00
10,000.00
500,000.00
444,000.00
JOURNAL ENTRIES
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 2 RENT EXPENSES
CASH
RENT PAYABLE
RENT PAID IN CASH AND ON ACCOUNT

3 NO ENTRY

9 CASH
SERVICE REVENUE
RECEIVED CASH AGAINST SERVICE DELIVERED

10 RENT PAYABLE
ACCOUNTS PAYABLE
CASH
AREAR RENT AND ACCOUNTS PAYABLE PAID IN CASH

11 NO ENTRY

12 ADVERTISING EXPENSES
CASH
ADVERTISING EXPENSES PAID IN CASH

20 CASH
SERVICE REVENUE
RECEIVED CASH AGAINST SERVICE DELIVERED

20 RENT EXPENSES
CASH
PAYMENT OF RNT IN CASH

31 SALARIES AND WAGES EXPENSES

CASH
PAYMENT OF SALARIES AND WAGES IN CASH

31 CASH
ACCOUNTS RECIVABLE
RENT REVENUE
RECEIVED HLF OF THE AMOUNT OF RENT REVENUE IN CASH

31 CASH
SERVICE REVENUE
RECEIVED CASH AGAINST RENT DELIVERED
 LEDGER ACCOUNTS
CASH

DATE ACCOUNT TITLE &EXPLANATIONS

MARCH 1 BALANCE
2 RENT EXPENSES
9 SERVICE REVENUE
10 ACCOUNTS PAYABLE
12 ADVERTISING EXPENSES
20 SERVICE REVENUE
20 RENT EXPENSES
31 SALARIES AND WAGES EXPENSES
31 RENTAL INCOME
31 SERVICE REVENUE

ACCOUNTS RECEIVABLE
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 31

LAND
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 1 BALANCE

BUILDING
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 1 BALANCE

EQUIPMENT
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 1 BALANCE

ACCOUNTS PAYABLE
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 1
2
10

OWNER'S CAPITAL
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 1 BALANCE

SERVICE REVENUE
 DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 9
20
31
RENT REVENUE
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 32

ADVERTISEMENT EXPENSES
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 12

SALARIES AND WAGES EXPENSES

DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 31

RENT EXPENSES
DATE ACCOUNT TITLE &EXPLANATIONS
MARCH 2
20

STARR THEATER
TRIAL BALANCE , MARCH 31, 2017

CASH
ACCOUNTS RECEIVABLE
LAND
BUILDINGS EQUIPMENT
ACCOUNTS PAYABLE
OWNER'S CAPITAL
SERVICE REVENUE
RENT REVENUE
ADVERSINF EXPENSES
SALARIES & WAGES EXPENSES
RENT EXPENSES
REF. DEBIT CREDIT
3,500.00
1,500.00
2,000.00

4,300.00
4,300.00

2,000.00
2,100.00
4,100.00

900.00
900.00

5,000.00
5,000.00

2,000.00
2,000.00

3,100.00
3,100.00

450.00
450.00
900.00

9,000.00
9,000.00
REF. DEBIT CREDIT BAIANCE
3,000.00
1,500.00 1,500.00
4,300.00 5,800.00
4,100.00 1,700.00
900.00 800.00
5,000.00 5,800.00
2,000.00 3,800.00
3,100.00 700.00
450.00 1,150.00
9,000.00 10,150.00

REF. DEBIT CREDIT BAIANCE

450.00 450.00

REF. DEBIT CREDIT BAIANCE

24,000.00

REF. DEBIT CREDIT BAIANCE

10,000.00

REF. DEBIT CREDIT BAIANCE

10,000.00

REF. DEBIT CREDIT BAIANCE

7,000.00
2,000.00 9,000.00
4,100.00 4,900.00

REF. DEBIT CREDIT BAIANCE

40,000.00
 REF. DEBIT CREDIT BAIANCE
4,300.00 4,300.00
5,000.00 9,300.00
9,000.00 18,300.00

REF. DEBIT CREDIT BAIANCE

900.00 900.00

REF. DEBIT CREDIT BAIANCE

900.00 900.00

REF. DEBIT CREDIT BAIANCE

3,100.00 3,100.00

REF. DEBIT CREDIT BAIANCE

3,500.00 3,500.00
2,000.00 5,500.00

DEBIT CREDIT
10,150.00
450.00
24,000.00
10,000.00
10,000.00
4,900.00
40,000.00
18,300.00
900.00
900.00
3,100.00
5,500.00
64,100.00 64,100.00
 AVTAR SANDHU CO.
TRIAL BALANCE , JUNE 30, 2017
PARTICULARS DEBIT CREDIT

CASH ( 3,340-270) 3,610.00

ACCOUNTS RECEIVABLE (2,812-270) 2,542.00
SUPPLIES (1,200-710 ) 490.00
EQUIPMENT ( 2,600-710) 3,310.00
ACCOUNTS PAYABLE ( 3,666-306-360) 3,000.00
UNEARNED SERVICE REVENUE 1,100.00
OWNER,S CAPITAL 8,000.00
OWNER'S DRAWINGS ( 800+600) 1,400.00
SERVICE REVENUE (2,480+882) 3,362.00
SALARIES & WAGES (3,200+700-600) 3,300.00
UTILITIES EXPENSES 810.00
15,462.00 15,462.00
 1 UNESRNED REVENUE
2 ACCRUED EXPENSES
3 ACCRUED EXPENSES
4 ACCRUED EXPENSES
5 PREPAID EXPENSES
6 UN EARNED REVENUE
7 ACCRUED REVENUE
8 PREPAID EXPENSES
9 PREPAID EXPENSES
10 PREPAID EXPENSES
11 ACCRUED EXPENSES
31-Mar

DEBIT CREDIT
31-Mar DEPRECIATION EXPENSES (400X3) 1,200.00
ACCUMULATED DEPRECIATION EQUIPMENT 1,200.00

UNEARNED RENT REVENUE 3,400.00

RENT REVENUE(10,200 X 1/3) 3,400.00

INTEREST EXPENSES 500.00

INTEREST PAYABLE 500.00

SUPPLIES EXPENSES 2,050.00

SUPPLIES(2,800-750) 2,050.00

INSURANCE EXPENSES (300x3) 900.00

PREPAID INSURANCE 900.00
DATE DESCRIPTION DEBIT

31-Aug ACCOUNTS RECEIVABLE 2,600.00

SERVICE REVNUE

SUPPLIES EXPENSES 1,400.00

SUPPLIES

INSURANCE EXPENSES 1,500.00

PREPAID INSURANCE

DEPRECIATION EXPENSES 900.00

ACCUMULATED DEPRECIATION EQUIPMENT

SALARIES AND WAGES EXPENSES 1,100.00

SALARIES AND WAGES PAYABLE

UNEARNED RENT REVENUE 1,100.00

RENT REVENUE
CREDIT

2,600.00

1,400.00

1,500.00

900.00

1,100.00

1,100.00
REQUIREMENT A

DATE DESCRIPTION DEBIT

30-Sep ACCOUNTS RECEIVABLE 1,100.00
SERVICE REVENUE

RENT EXPENSES 1,700.00

PREPAID RENT

SUPPLIES EXPENSES 850.00

SUPPLIES EXPENSES

DEPRECIATION EXPENSES 700.00

ACCUMULATED DEPRECIATION -EQUIPMENT

INTEREST EXPENSES 100.00

INTEREST PAYABLE

UNEARNED RENT REVENUE 1,450.00

RENT REVENUE

SALARIES & WAGES EXPENSES 725.00

SALARIES AND WAGES PAYABLE

REQUIREMENT B

REVENUE
SERVICE REVENUE 17,100.00
RENT REVENUE 2,860.00
TOTAL REVENUE

EXPENSES
SALARIES AND WAGES EXPENSES 8,725.00
RENT EXPENSES 3,600.00
UTILITIES EXPENSES 1,510.00
SUPPLIES EXPENSES 850.00
DEPRECIATION EXPENSES 700.00
INTEREST EXPENSES 100.00
TOTAL EXPENSES

NET INCOME

OWNER'S EQUITY STATEMENT

OPENING CAPITAL JULY1, 2017 ( INVESTMENT BY THE OWNER) 22,000.00

 ADD PROFIT DURING THE PERIOD 4,475.00
LESS DRAWINGS
CLOSING EQUITY (SEPTEMBER-30, 2017)

BALANCE SHEET , SEPTEMBER 30,2017

ASSETS

CASH IN HAND
ACCOUNTS RECEIVABLE
SUPPLIES
PREPAID RENT
EQUIPMENT

TOTAL ASSETS

LIABILITIES
NOTES PAYABLE
ACCOUNTS PAYABLE
SALARIES AND WAGES PAYABLE
UNEARNED RENT REVENUE
INTEREST PAYABLE
ACCUMULATED DEPRECIATION -EQUIPMENT
OWNER'S EQUITY

TOTAL LIABILITIES

REQUIREMENT C
The rate of noteis 12% per annum and thus monthly interest will be Tk. 100.00 and interest charged is Tk. 100.00 a
CREDIT

1,100.00

1,700.00

850.00

700.00

100.00

1,450.00

725.00

19,960.00

15,485.00

4,475.00
 26,475.00
1,600.00
24,875.00

8,700.00
11,500.00
650.00
500.00
18,000.00

39,350.00

10,000.00
2,500.00
725.00
450.00
100.00
700.00
24,875.00

39,350.00

and interest charged is Tk. 100.00 also and thus NotesPayable has been outstanding for one month.
REQUIREMENT-A.
TAKA
DATE ACCOUNT TITLE REF. DEBIT
2017
31-May SUPPLIES EXPENSES 900.00
SUPPLIES

31-May UTILITIES EXPENSES 250.00

ACCOUNTS PAYABLE

31-May INSURANCE EXPENSES 150.00

PREPAID EXPENSES
insurance for the current month considered

31-May UNEARNED SERVICE REVENUE 1,600.00

SRVICE REVENUE

31-May SALARIES & WAGES EXPENSES 1,104.00

SALARIES & WAGES PAYABLE

31-May DEPRECIATION EXPENSES 190.00

ACCUMULATED DEPRECIATION( EQUIPMENT)

31-May ACCOUNTS RECEIVABLE 1,700.00

SERVICE REVENUR

REQUIREMENT-B

DO YOUR SELF

KRAUSE CONSULTING
ADJUSTED TRIAL BALANCE
FOR THE MONTH ENDED MAY31, 2017

REQUIREMENT-C
TAKA
ACCOUNT TITLE DEBIT

CASH 4,500.00
ACCOUNTS RECEIVABLE 7,700.00
SUPPLIES 1,000.00
PREPAID INSURANCE 3,450.00
EQUIPMENT 11,400.00
ACCMUATED DEPRECIATION, EQUIPMENT
ACCOUNTS PAYABLE
UNEARNED SERVICE REVENUE
SALARIES & WAGES PAYABLE
OWNER'S CAPITAL
SERVICE REVENUE
SALARIES & WAGES EXPENSE 7,504.00
RENT EXPENSE 900.00
DEPRECIATION EXPENSE 190.00
INSURANCE EXPENSE 150.00
UTILITIES EXPENSE 250.00
SUPPLIES EXPENSE 900.00
37,944.00
TAKA
CREDIT

900.00

250.00

150.00

1,600.00

1,104.00

190.00

1,700.00

TAKA
CREDIT

190.00
4,750.00
400.00
1,104.00
18,700.00
12,800.00

37,944.00
REQUIREMENT-A

TAKA
DATE ACCOUNT TITLE REF. DEBIT CREDT
30-Jun SUPPLIES 1,500.00
SUPPLIES EXPENSES 1,500.00

30-Jun INTEREST EXPENSES 750.00

INTEREST PAYABLE 750.00

30-Jun PREPAID INSURANCE 1,800.00

INSURANCE EXPENSES 1,800.00

30-Jun SERVICE REVENUE 1,300.00

UNEARD SERVICE REVENUE 1,300.00

30-Jun ACCOUNTS RECEIVABLE 2,000.00

SERVICE REVENUE 2,000.00

30-Jun DEPRECIATION EXPENSES 1,125.00

ACCUMULATED DEPRECIATION EQUIPMENT 1,125.00

REQUIREMENT-B

JOHNSON GRAPHICS COMPANY

ADJUSTED TRIAL BALANCE
AS AT JUNR 30, 2017
TAKA
DEBIT CREDT
CASH 8,600.00
ACCOUNTS RECEIVABLE 16,000.00
SUPPLIES 1,500.00
PREPAID INSURANCE 1,800.00
EQUIPMENT 45,000.00
ACCUMULATED DEPRECIATION- EQUIPMENT 1,125.00
NOTES PAYABLE 20,000.00
ACCOUNTS PAYABLE 9,000.00
INTEREST PAYABLE 750.00
UNEARNED SERVICE REVENUE 1,300.00
OWNER'S CAPITAL 22,000.00
SALES REVENUE 52,100.00
SERVICE REVENUE 6,700.00
SALARIES & WAGES EXPENSES 30,000.00
SUPPLIES EXPENSES 2,200.00
ADVERTISING EXPENSES 1,900.00
RENT EXPENSES 1,500.00
UTILITIES EXPENSES 1,700.00
DEPRECIATION EXPENSES 1,125.00
INSURANCE EXPENSES 900.00
INTEREST EXPENSES 750.00
112,975.00 112,975.00

JOHNSON GRAPHICS COMPANY

INCOME STATEMENT
FOR HALF YEAR ENDED JUNE 30,2017

REVENUE TAKA

SALES REVENUE 52,100.00

SERVICE REVENUE 6,700.00 58,800.00

EXPENSES

SALARIES & WAGES EXPENSES 30,000.00

SUPPLIES EXPENSES 2,200.00
ADVERTISING EXPENSES 1,900.00
UTILITIES EXPENSES 1,700.00
RENT EXPENSES 1,500.00
DEPRECIATION EXPENSES 1,125.00
INSURANCE EXPENSES 900.00
INTEREST EXPENSES 750.00 40,075.00

NET INCOME 18,725.00

JOHNSON GRAPHICS COMPANY

OWNER'S EQUITY STATEMENT
FOR HALF YEAR ENDED JUNE 30,2017

OPENING CAPITAL (AS ON JANUARY 01, 2017 -

INVESTMENT DURING THE PERIOD 22,000.00
22,000.00
ADD PROFIT DURING THE PERIOD 18,725.00

CLOSING EQUITY AS ON JUNE 30, 2017 40,725.00

 JOHNSON GRAPHICS COMPANY
BALANCE SHEET
AS AT JUNE 30,2017

ASSETS
TAKA
CASH 8,600.00
ACCOUNTS RECEIVABLE 16,000.00
SUPPLIES 1,500.00
PREPAID INSURANCE 1,800.00
EQUIPMENT 45,000.00
LESS ACCUMULATED DEPRECIATION 1,125.00 43,875.00

TOTAL ASSETS 71,775.00

LIABILITIES

NOTES PAYABLE 20,000.00

ACCOUNTS PAYABLE 9,000.00
UNEARNED SERVICE REVENUE 1,300.00
INTEREST PAYABLE 750.00
TOTAL LIABILITY 31,050.00

OWNER'S EQUITY 40,725.00

TOTAL LIABILITIES & OWNER'S EQUITY 71,775.00

AKA
CREDT

1,500.00

750.00

1,800.00

1,300.00

2,000.00

1,125.00

AKA
CREDT

1,125.00
20,000.00
9,000.00
750.00
1,300.00
22,000.00
52,100.00
6,700.00
 112,975.00

TAKA

58,800.00

40,075.00

18,725.00

- FORMULA : ( OPENING CAPITAL/EQUITY + INVESTMENT DURING THE YEAR + PROFIT EARNED DURING THE YEAR - (
22,000.00
22,000.00
18,725.00

40,725.00
TAKA
8,600.00
16,000.00
1,500.00
1,800.00

43,875.00

71,775.00

20,000.00
9,000.00
1,300.00
750.00
31,050.00

40,725.00

71,775.00
 TAKA
DATE ACCOUNT TREF. DEBIT CREDIT
RNED DURING THE YEAR - ( LOSS SUSTAINED DURING THE YEAR +DRAWINGS) = CLOSING CAPITAL/EQUITY
 TRIAL BALANCE ADJUSTED TRAIL BALANCE
ACCOUNT TITLES DR. CR. DR.
ACCOUNTS RECEIVABLE 25,000.00 34,000.00
PREPAID INSURANCE 26,000.00 20,000.00
SUPPLIES 7,000.00 2,500.00
ACCUMULATED DEPRECIATION EQUIPMENT 12,000.00
SALARIES & WAGES PAYABLE
SERVICE REVENUE 88,000.00
INSURANCE EXPENSES 6,000.00
DEPRECIATION EXPENSES 10,000.00
SUPLIES EXPENSES 4,500.00
SALARIES AND WAGES EXPENSES 43,400.00 49,000.00
101,400.00 100,000.00 126,000.00

(1,400.00)

JOURNAL ENTRIES
DR. CR.
ACCOUNTS RECEIVABLE 9,000.00
SERVICE REVENUE 9,000.00

INSURANCE EXPENSES 6,000.00

PREPAID INSURANCE 6,000.00

SUPPLIES EXPENSES 4,500.00

SUPPLIES 4,500.00

DEPRECITION EXPENSES 10,000.00

ACCUMULATED DEPRECIATION- EQUIPMENT 10,000.00

SALARIES AND WAGES EXPENSES 5,600.00

SALARIES AND WAGES PAYABLE 5,600.00
ADJUSTED TRAIL BALANCE
CR.

22,000.00
5,600.00
97,000.00
-

124,600.00

1,400.00
JOURNAL ENTRIES
DR. CR.

SERVICE REVENUE 4,300.00

INCOME SUMMARY 4,300.00

INCOME SUMMARY 3,416.00

SALARIES AND WAGES EXPENSES 1,260.00
MISC. EXPENSES 256.00
SUPPLIES EXPENSES 1,900.00

INCOME SUMMARY 884.00

OWNER'S CAPITAL 884.00

OWNER'S CAPITAL 550.00

OWNER'S DRAWINGS 550.00

VICTORIA LEE COMPANY

POST CLOSING TRIAL BALANCE
30-Jun-17

ACCOUNT TITLE DR CR

CASH 3,712.00
ACCOUNTS RECEIVABLE 3,904.00
SUPPLIES 480.00
ACCOUNTS PAYABLE 1,382.00
SALARIES AND WAGES PAYABLE 460.00
UINEARNED SERVICE REVENUE 160.00
OWNER'S CAPITAL 6,094.00
8,096.00 8,096.00
 BIG BOX STORE
INCOME STATEMENT
FOR THE YEAR ENDED NOVEMBER30, 2017

DESPRICTION TAKA TAKA

SALES REVENUE 720,000.00

LESS SALES RETURN AND ALLOWANCES 8,000.00
NET SALES 712,000.00
LESS COST OF GOODS SOLD 518,000.00
GROSS PROFIT 194,000.00
OPERATING EXPENSES
SALARIES AND WAGES EXPENSES 96,000.00
RENT EXPENSES 15,000.00
SALES COMMISSION EXPENSES 11,000.00
DEPRICIATION EXPENSES 11,000.00
UTILITIES EXPENSES 8,500.00
INSURANCE EXPENSES 7,000.00
FREIGHT OUT 6,500.00
PROPERTY TAX EXPENSES 2,500.00
TOTOAL OPERATING EXPENSES 157,500.00
INCOME FROM OPERATIONS 36,500.00
OTHER REVENUES AND GAINS
INTEREST REVENUE 2,000.00
OTHER EXPENSES AND LOSSES
INTEREST EXPENSES 6,400.00 (4,400.00)
NET INCOME 32,100.00

BIG BOX STORE

OWNER'S EQUITY STATEMENT
FOR THE YEAR ENDED NOVEMBER30, 2017
DESPRICTION TAKA

OWNER'S CAPITAL, DECEMBER1, 2015 (OPENING CAPITAL) 101,700.00

ADD NET INCOME 32,100.00
133,800.00
LESS DRAWINGS 10,000.00
OWNER'S CAPITAL, NOVEMBER 30, 2017 (CLOSING CAPITAL) 123,800.00

BIG BOX STORE

BALANCE SHEET
AS ON NOVEMBER30, 2017
ASSETS TAKA TAKA
CURRENT ASSETS
CASH 26,000.00
ACCOUNTS RECEIVABLE 30,500.00
INVENTORY 32,000.00
PREPAID INSURANCE 3,500.00
TOTAL CURRENT ASSETS 92,000.00
PROPERTY, PLANT AND EQUIPMENT
EQUIPMENT 146,000.00
LESS ACCUMULATED DEPRECIATION 45,000.00 101,000.00

TOTAL ASSETS 193,000.00

LIABILITIES AND OWNER'S EQUITY

CURRENT LIABILITIES
ACCOUNTS PAYABLE 25,200.00
SALES COMMISSIONS PAYABLE 4,500.00
PROPERTY TAX PAYABLE 2,500.00
TOTAL CURRENT LIABILITIES 32,200.00
LONG TERM LIABILITIES
NOTES PAYABLE 37,000.00
TOTAL LONG TERM LIABILITIES 37,000.00
TOTAL LIABILITIES 69,200.00
OWNER'S EQUITY 123,800.00

TOTAL LIABILITIES AND OWNER'S EQUITY 193,000.00

REQUIRMENT-B

DESCRIPTION DR TAKA CR TAKA

DEPRECIATION EXPENSES 11,000.00

ACCUMULATED DEPRECIATION-EQUIPMENT 11,000.00

INSURANCE EXPENSES 7,000.00

PREPAID INSURANCE 7,000.00

PROPERTY TAX EXPENSES 2,500.00

PROPERTY TAX PAYABLE 2,500.00

SALES COMMISSION EXPENSES 4,500.00

SALES COMMISSION PAYABLE 4,500.00

REQUIRMENT-C

SALES REVENUE 720,000.00

INTEREST REVENUE 2,000.00
INCOME STATEMENT 722,000.00
INCOME STATEMENT 689,900.00
SALES RETURNS AND ALLOWANCES 8,000.00
COST OF GOODS SOLD 518,000.00
SALARIES AND WAGES EXPENSES 96,000.00
DEPRECIATION EXPENSES 11,000.00
FREIGHT OUT 6,500.00
SALES COMMISSION EXPENSES 11,000.00
INSURANCE EXPENSES 7,000.00
RENT EXPENSES 15,000.00
PROPERTY TAX EXPENSES 2,500.00
UTILITIES EXPENSES 8,500.00
INTEREST EXPENSES 6,400.00

INCOME STATEMENT 32,100.00

OWNER'S CAPITAL 32,100.00

OWNER'S CAPITAL 10,000.00

OWNER'S DRAWINGS 10,000.00
NET SALES
INT. INCOME
NET REVENUE

LESS EXPENSES
COGS 518,000.00
OPERATING EXPENSES 157,500.00
OTHER EXPENSES INT. EXPENSES 6,400.00

681,900.00
 712,000.00 DR INCOME STATEMENT
2,000.00 DR INCOME STATEMENT
714,000.00 CR INCOME STATEMENT

CR INCOME STATEMENT
CR INCOME STATEMENT
CR INCOME STATEMENT

32,100.00 PROFIT JOURBAL : INCOME STATEMENT DR

QOWNER'S CAPITAL CR
 DATE PARTICULARS LF DR (TAKA)

MAY 1 INVENTORY 4,200.00

ACCOUNTS PAYABLE

2 ACCOUNTS RECEIVABLE 2,100.00

SALES

COGS 1,300.00
INVENTORY

5 ACCOUNTS PAYABLE 300.00

INVENTORY

9 CASH 2,079.00
SALES DISCOUNT 21.00
ACCOUNTS RECEIVABLE

10 ACCOUNTS PAYABLE 3,900.00

CASH
INVENTORY

11 SUPPLIES 400.00
CASH

12 INVENTORY 1,400.00
CASH

15 CASH 150.00
INVENTORY

17 INVENTORY 1,300.00
ACCOUNTS PAYABLE

19 INVENTORY 130.00
CASH

24 CASH 3,200.00
SALES

COGS 2,000.00
INVENTORY

25 INVENTORY 620.00
ACCOUNTS PAYABLE

27 ACCOUNTS PAYABLE 1,300.00

INVENTORY
 CASH

29 SALES 70.00
CASH

INVENTORY 30.00
COGS

CASH 25.00
LOSS ON RESALE 5.00
COGS

LOSS ON DAMAGE 30.00

COGS

31 ACCOUNTS RECEIVABLE 1,000.00

SALES

COGS 560.00
INVENTORY
CR (TAKA) PURCHASE AMOUNT PAID
200 UNITS TK. 2,000.00

4,200.00

2,100.00

1,300.00

300.00

2,100.00

3,822.00
78.00

400.00

1,400.00

150.00

1,300.00

130.00

3,200.00

2,000.00

620.00

26.00
1,274.00

70.00

30.00 WHEN RETUIRNED GODDS ARE ON RE SALEABLE CONDITION

30.00 EXAMPLE OF RETURNED GOODS RESOLD AT A LOWER PRICE

30.00 EXAMPLE OF RETURNED GOODS CONSIDERED DAMAGED

1,000.00

560.00
COST OF INVENTORY PAYMENT REDUCED BY SELLER HOW MUCH TO PAY
TK. 2,000 500 1,500
REVICED COST OF INVENTORY
1,500
 DATE PARTICULARS LF DR
APRIL 5 PURCHASE(INVENTORY) 1,200.00
ACCOUNTS PAYABLE

7 FREIGHT IN (INVENTORY) 50.00

CASH

9 ACCOUNTS RECEIVABLE 100.00

PURCHASE RETURN (INVENTORY)

10 ACCOUNTS RECEIVABLE 600.00

SALES REVENUE

12 PURCHASE (INVENTORY) 450.00

ACCOUNTS PAYABLE

14 ACCOUNTS PAYABLE 1,100.00

PURCHASE DISCOUNE (INVENTORY)
CASH
CR

1,200.00

50.00

600.00

450.00

22.00
1,078.00
LIFO

DATE RECEIPT ISSUE

DESCRIPTION QUANTITY UNIT PRICE VALUE QUANTITY
JANUARY 1 OPENING INVENTORY 100 15.00 1,500.00
5 PURCHASE 140 18.00 2,520.00

-
8 SALES - 110
-
-
10 SALES RETURN 10 18.00 180.00
-
-
15 PURCHASE 55 20.00 1,100.00
-
-
-
16 PURCHASE RETURN - 5
-
-
-
20 SALES - 50
- 40
- 90
25 PURCHASE 20 22.00 440.00
-
-
-
-
FIFO

DATE RECEIPT ISSUE

DESCRIPTION QUANTITY UNIT PRICE VALUE QUANTITY
JANUARY 1 OPENING INVENTORY 100 15.00 1,500.00
5 PURCHASE 140 18.00 2,520.00
-
-
8 SALES - 100
- 10
- 110
10 SALES RETURN 10 18.00 180.00
-
15 PURCHASE 55 20.00 1,100.00
-
 -
16 PURCHASE RETURN - 5
-
-
20 SALES - 90
-
-
25 PURCHASE 20 22.00 440.00
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
 ISSUE INVENTORY (BALANCE)
UNIT PRICE VALUE QUANTITY UNIT PRICE VALUE
100 15.00 1,500.00
100 15.00 1,500.00
140 18.00 2,520.00
240 4,020.00
18.00 1,980.00 100 15.00 1,500.00
- 30 18.00 540.00
- 130 2,040.00
- 100 15.00 1,500.00
- 40 18.00 720.00
- 140 2,220.00
- 100 15.00 1,500.00
- 40 18.00 720.00
- 55 20.00 1,100.00
- 195 3,320.00
20.00 100.00 100 15.00 1,500.00
- 40 18.00 720.00
- 50 20.00 1,000.00
- 190 3,220.00
20.00 1,000.00
18.00 720.00 -
1,720.00 100 15.00 1,500.00
- 100 15.00 1,500.00
- 20 22.00 440.00
3,700.00 120 1,940.00 VALUE OF CLOSING INVENTORY
- -
- -

ISSUE INVENTORY (BALANCE)

UNIT PRICE VALUE QUANTITY UNIT PRICE VALUE
- 100 15.00 1,500.00
- 100 15.00 1,500.00
- 140 18.00 2,520.00
- 240 4,020.00
15.00 1,500.00 -
18.00 180.00
1,680.00 130 18.00 2,340.00
- 140 18.00 2,520.00
- -
- 140 18.00 2,520.00
- 55 20.00 1,100.00
 - 195 3,620.00
20.00 100.00 140 18.00 2,520.00
- 50 20.00 1,000.00
- 190 3,520.00
18.00 1,620.00 50 18.00 900.00
- 50 20.00 1,000.00
- 100 1,900.00
- 50 18.00 900.00
- 50 20.00 1,000.00
- 20 22.00 440.00
- 120 2,340.00 CLOSING INVENTORY
COGS 3,300.00 -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
 LANGER COMPANY
DECEMBER 31, 2017

BALANCE AS PER BANK STATEMENT

ADD DEPOSIT IN TRANSIT

LESS OUTSTANDING CHEQUES

CH # 3470 720.10
CH# 3474 1,050.00
CH# 3478 621.30
CH # 3481 807.40
CH# 3484 798.00
CH# 3486 889.50

ADJUSTED BALANCE WITH BANK

BOOK BALANCE
ADD NOTE COLLECTION
PRINCIPAL AMOUNT 5,000.00
ADD INTERST 160.00
5,160.00
LESS COLLECTION FEE 15.00
NET AMOUNT COLLECTED BY BNANK

LESS NSF CHEQUE

LESS MISTAKE IN ISSED CHEQUE

LESS MISTAKE IN RECORDING DEPOSIT

BALANCE AS PER BANK BOOK

 Journal Entries
Date Description
December 31 Cash
20,154.30 Misc. Expenses
1,690.40 Notes receivable
21,844.70 Interest revenue

31 Accounts Receivable
Cash

31 Accounts Payable
Cash
4,886.30
31 accounts receivable
16,958.40 Cash

12,485.20

5,145.00
17,630.20
572.80
17,057.40
90.00
16,967.40
9.00

16,958.40
ries
DR (Taka) CR (Taka)
5,145.00
15.00
5,000.00
160.00

572.80
572.80

90.00 90.00

9.00
90.00
CALCULATION OF DEPRICIABLE VALUE

Description Amount (Taka)

Purchase Price or Procurement Cost 18,000.00
Less Salvage Value 2,000.00 Resale Value
Depreciable Value 16,000.00
Life of the Machine 4 Years
Expected total Working Hours 160,000 Hours

Calculation of Amount of Depreciation

Under Straight Line Method 4,000.00 Taka per year that is 25% of the Depreciable Value
Units of Activity Method 0.10 Taka per hour
Declining Balance Method 9,000.00 Taka per Year that is Double of the rate under Stra
 `

Computation
Resale Value Salvage Value Scrap Vlue year Depreciable Value

2017 16,000.00
2018 16,000.00
2019 16,000.00
2020 16,000.00

25% of the Depreciable Value

Double of the rate under Straight Line Method Computation

year units of Activity

2017 40,000
2018 60,000
2019 35,000
2020 25,000

Computation
year Book Value of 1st Year

2017 18,000.00
2018 9,000.00
2019 4,500.00
2020 2,250.00
 STRAIGHT LINE METHOD

Computation End of year

x Depreciation Rate ˭ Annual Depreciation Exp. Accumulated Depreciation

25.00% 4,000.00 4,000.00

25.00% 4,000.00 8,000.00
25.00% 4,000.00 12,000.00
25.00% 4,000.00 16,000.00
DEPRICIABLE VALUE 16,000.00

Units of activi Method

Computation End of year
x Depreciation Rate ˭ Annual Depreciation Exp. Accumulated Depreciation

0.10 4,000.00 4,000.00

0.10 6,000.00 10,000.00
0.10 3,500.00 13,500.00
0.10 2,500.00 16,000.00
DEPRICIABLE VALUE 16,000.00

Declining Balance Method

Computation End of year
x Depreciation Rate ˭ Annual Depreciation Exp. Accumulated Depreciation

50.00% 9,000.00 9,000.00

50.00% 4,500.00 13,500.00
50.00% 2,250.00 15,750.00
50.00% 250.00 16,000.00
16,000.00

To maintain total amount of Depreciable Value

nd of year
Book Value

14,000.00 cost price - current year depreciation

10,000.00 book value - current year dep.
6,000.00 book value - current year dep.
2,000.00 book value - current year dep.

nd of year
Book Value

14,000.00
8,000.00
4,500.00
2,000.00

nd of year
Book Value

9,000.00
4,500.00
2,250.00
2,000.00
 LIQUIDITY RATOIS

Current Ratio

Current Assets
Current Liability

Acid Test Ratio

Cash+Short term Investments+Net Accounts Receivable

Current Liabilities

Accounts Receivable Turnover

Net Cash Sales

Average Net Accounts Receivable

Inventory Turn Over

Cost of Goods Sold

Average Inventory

PROFITIBILITY RATIOS

Profit Margin

Net Income
Net Sales

Asset Turn Over

Net Sales
Average Total Assets

Return on Assets

Net Income
Average Total Assets

Return on Common Stock holders, Equity

Net Income
Average Common Stockholders' Equity

Return on Common Stock holders, Equity having Preference Shares

 Net Income -Preffered Dividends
Average Common Stockholders' Equity

Earning per Share

Net Income - Preffered Dividends

Weighted Average Common Stock Outstanding

Price Earning Ratio

Market Price per Share

Earning per Share

PayoutRatio

Cash Dividends Declared on Common Stock

Net ncome

Solvency Ratios

Debt to Assets Ratio

Total Liabilities
Total Assets

Times Interest Earned

Net Income + Interest Expenses +Income Tax Expenses

Interest Expenses
Ratio Target Corpo. Wal Mart

Current Ratio 18,906.00 47,585.00 0.81

1.60
11,782.00 58,454.00
 CHENG INC.
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED DECEMBER 31, 2017

CASH FLOWS FROM OPERATING ACTIVITIES

Net Income 158,900.00

Adjustment
Depreciation(Non cash cost) 46,500.00
Loss on sale of plant assets 7,500.00
Accounts receivable (59,800.00)
Inventory (14,650.00)
Prepaid expenses (2,400.00)
Accounts payable 44,700.00
accrued expenses (500.00) 21,350.00
180,250.00
Net cash provuded by operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Sale of plant asset 1,500.00

Purchase of equipment asset (85,000.00)
Investment (29,000.00)
Net cash generated(+)/utisized(-) by investment activities (112,500.00)

Cash flows from financing activities

Common stock 45,000.00

Redumption of bonds (40,000.00)
Cash dividend (40,350.00) (35,350.00)

NET INCREASE (+)/NET DECREASE(-) IN CASH 32,400.00

ADD OPENING CASH 48,400.00
CLOSING CASH 80,800.00