Tech Head (Ahmed Yousuf) 226 Caird Lane Brisbane, QLD, 4000

Tech Head (Ahmed Yousuf)
226 Caird Lane
Brisbane, QLD, 4000
Australia
Balance Sheet
As of January 2019
4/28/2019
7:08:52 PM
1-0000 Assets
1-1000 Current Assets
1-1100 Cash On Hand $107,473.00
1-1200 Accounts Receivable $52,787.00
1-1210 Less Prov'n for Doubtful Debts ($1,768.00)
1-1300 Inventory $101,710.00
1-1400 Office Supplies $1,323.00
1-1500 Prepaid Rent $6,667.00
Total Current Assets $268,192.00
1-3000 Non-Current Assets
1-3100 Property & Equipment $32,458.00
Total Non-Current Assets $32,458.00
Total Assets $300,650.00
2-0000 Liabilities
2-1000 Current Liabilities
2-1200 Accounts Payable $55,052.00
2-1300 GST Liabilities $4,546.00
2-1400 Payroll Liabilities $3,015.00
2-1700 Interest Payable $100.00
2-1800 Short Term Loan $15,000.00
Total Current Liabilities $77,713.00
2-2000 Long-Term Liabilities
2-2100 Bank Loans $50,000.00
Total Long-Term Liabilities $50,000.00
Total Liabilities $127,713.00
Net Assets $172,937.00
3-0000 Equity
3-1100 Share Capital $55,000.00
3-8000 Retained Earnings $103,372.00
3-9000 Current Year Earnings $14,565.00
3-9999 Historical Balancing $0.00
Total Equity $172,937.00