Balance Sheet The Manly Surf and Wellness Shop As at 30 June

Balance Sheet The Manly Surf and Wellness Shop
Balance Sheet
The Manly Surf and Wellness Shop
As at 30 June 2019 30 JUN 2019
Assets
Bank
Cash at Bank 77,904.00
Total Bank 77,904.00
Current Assets
Petty Cash 200.00
Prepaid Rent 26,500.00
Total Current Assets 26,700.00
Fixed Assets
Less Accumulated Depreciation MV 12,000.00
Less Accumulated Depreciation on Office Equipment 4,560.00
Motor Vehicles 45,000.00
Office Equipment 15,200.00
Total Fixed Assets 76,760.00
Total Assets 181,364.00
Liabilities
Current Liabilities
Historical Adjustment (208,980.00)
Total Current Liabilities (208,980.00)
Non-current Liabilities
Loan to NAB 40,000.00
Total Non-current Liabilities 40,000.00
Total Liabilities (168,980.00)
Net Assets 350,344.00
Equity
Current Year Earnings 250,344.00
Owner A Share Capital 100,000.00
Total Equity 350,344.00