Caroline Balance Sheet As of January 2019 26-05-19 1:39:48 PM
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Caroline Balance Sheet As of January 2019 26-05-19 1:39:48 PM 1-0000Assets 1-1000Current Assets 1-1100Cash On Hand 1-1110Cheque Account$79,661.76 1-1121Till Float - Hobart$100.00 1-1122Till Float- Launceston$100.00 1-1140Petty Cash- Hobart$50.00 1-1141Pety Cash- Launcston$50.00 Total Cash On Hand$79,961.76 1-1200Trade Debtors$61,072.80 1-1300Inventory- Clothing$41,857.03 Total Current Assets$182,891.59 1-3000Fixed Assets 1-3100Store - Equip 1-3110Store Equip - Hobart$38,000.00 1-3120STore equip hobart acc dep($3,750.00) 1-3121Acc dep STore equip launceston($150.00) 1-3130STore Equip - Launceston$37,500.00 Total Store - Equip$71,600.00 Total Fixed Assets$71,600.00 Total Assets$254,491.59 2-0000Liabilities 2-1000Current Liabilities 2-1100Credit Cards 2-1130MasterCard$436.47 Total Credit Cards$436.47 2-1200Trade Creditors$43,507.97 2-1300GST Liabilities 2-1310GST Collected$15,417.05 2-1330GST Paid$222.28 Total GST Liabilities$15,639.33 2-1400Payroll Liabilities 2-1410Payroll Accruals Payable$1,120.00 2-1420PAYG Withholding Payable$1,492.65 Total Payroll Liabilities$2,612.65 2-1700Other Current Liabilities($635.36) Total Current Liabilities$61,561.06 2-2000Long-Term Liabilities 2-2100Bank Loans$14,450.00 Total Long-Term Liabilities$14,450.00 Total Liabilities$76,011.06 Net Assets$178,480.53 3-0000Equity 3-1000Owner's Equity 3-1100Owner's Capital$15,500.00 Total Owner's Equity$15,500.00 3-8000Retained Earnings from Previou$58,303.84 3-8001Reatained earngs from curren y$83,479.19 3-9000Current Year Earnings$21,197.50 Total Equity$178,480.53