Balance Sheet Abdulla AlHashimi - 19215217 As at 31 May 2019 31

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Balance Sheet Abdulla AlHashimi - 19215217
Balance Sheet
Abdulla AlHashimi - 19215217
As at 31 May 2019 31 MAY 2019
Assets
Bank
Cash at bank 125,933.56
Total Bank 125,933.56
Current Assets
Accounts Receivable 1,900.25
Interest receivable 3,750.00
Inventory 262,354.07
Office supplies 250.00
Prepaid Rent 99,090.91
Prepayments 3,981.82
Total Current Assets 371,327.05
Fixed Assets
Delivery Van 23,181.82
Les Acc dep Delivery van (3,636.36)
Less Accumulated Depreciation on Office Equipment (416.00)
Office Equipment 50,000.00
Total Fixed Assets 69,129.46
Non-current Assets
Investment 250,000.00
Total Non-current Assets 250,000.00
Total Assets 816,390.07
Liabilities
Current Liabilities
Accounts Payable 71,830.00
GST (44,616.01)
Interest Payable 1,750.00
Wages Payable - Payroll 8,000.00
Total Current Liabilities 36,963.99
Non-current Liabilities
fuel expense payable 330.00
Loan 300,000.00
Prov fro doubtful debt 190.00
Total Non-current Liabilities 300,520.00
Total Liabilities 337,483.99
Net Assets 478,906.08

Balance Sheet
31 MAY 2019
Balance Sheet Abdulla AlHashimi - 19215217
Equity
Current Year Earnings (21,093.92)
Owner A Share Capital 500,000.00
Total Equity 478,906.08