Balance Sheet Outback Camping Supplies As at 30 June 2018 30 Jun

Balance Sheet
Balance Sheet | Outback Camping Supplies | 6 May 2019Page 1 of 1
Outback Camping Supplies
As at 30 June 2018
30 Jun 2018 30 Jun 2017
Assets
Bank
Business Bank Account 185,634 -
Total Bank 185,634 -
Current Assets
Accounts Receivable 48,857 -
Inventory 223,400 -
Office Supplies 4,251 -
Prepayments 2,515 -
Total Current Assets 279,023 -
Fixed Assets
Delivery Vehicles 82,000 -
Less Accumulated Depreciation on Delivery Vehicles (11,980) -
Office Equipment 41,400 -
Less Accumulated Depreciation on Office Equipment (10,230) -
Shop Fittings 28,612 -
Less Accumulated depreciation on Shop fittings (8,770) -
Total Fixed Assets 121,032 -
Total Assets 585,689 -
Liabilities
Current Liabilities
Accounts Payable 33,893 -
Bills payable 3,000 -
GST 1,122 -
Wages Payable - Payroll 2,300 -
Total Current Liabilities 40,315 -
Non-Current Liabilities
Bank Loan 96,800 -
Total Non-Current Liabilities 96,800 -
Total Liabilities 137,115 -
Net Assets 448,573 -
Equity
Capital 263,200 -
Current Year Earnings 17,820 -
Retained Earnings 167,553 -
Total Equity 448,573 -