Tech Head (Edwin Moreno) 611 Thorpe Drive Melbourne, VIC, 3000

Tech Head (Edwin Moreno)
611 Thorpe Drive
Melbourne, VIC, 3000
Australia
Balance Sheet
As of January 2019
4/20/2019
11:26:20 AM
1-0000 Assets
1-1000 Current Assets
1-1100 Cash On Hand $86,937.00
1-1200 Accounts Receivable $85,369.00
1-1210 Less Prov'n for Doubtful Debts ($2,433.00)
1-1300 Inventory $96,930.00
1-1400 Office Supplies $1,045.00
1-1500 Prepaid Rent $4,167.00
Total Current Assets $272,015.00
1-3000 Non-Current Assets
1-3100 Property & Equipment $37,766.00
Total Non-Current Assets $37,766.00
Total Assets $309,781.00
2-0000 Liabilities
2-1000 Current Liabilities
2-1200 Accounts Payable $41,906.00
2-1300 GST Liabilities $5,559.00
2-1400 Payroll Liabilities $2,850.00
2-1700 Interest Payable $87.00
2-1800 Short Term Loans $13,000.00
Total Current Liabilities $63,402.00
2-2000 Long-Term Liabilities
2-2100 Bank Loans $40,000.00
Total Long-Term Liabilities $40,000.00
Total Liabilities $103,402.00
Net Assets $206,379.00
3-0000 Equity
3-1100 Share Capital $55,000.00
3-8000 Retained Earnings $137,347.00
3-9000 Current Year Earnings $14,032.00
3-9999 Historical Balancing $0.00
Total Equity $206,379.00