Tech Head (Satinder) 650 Pearson Boulevard Brisbane, QLD, 4000

Tech Head (Satinder)
650 Pearson Boulevard
Brisbane, QLD, 4000
Australia
Balance Sheet
As of January 2019
20-07-2019
15:03:32
Assets
Current Assets
Cash On Hand ?80,666.00
Accounts Receivable ?81,563.00
Less Prov'n for Doubtful Debts ?-2,295.00
Inventory ?80,770.00
Office Supplies ?1,428.00
Prepaid Rent ?5,833.00
Total Current Assets ?247,965.00
Non-Current Assets
Property & Equipment ?28,396.00
Total Non-Current Assets ?28,396.00
Total Assets ?276,361.00
Liabilities
Current Liabilities
Accounts Payable ?45,928.00
GST Liabilities ?3,703.00
Payroll Liabilities ?2,955.00
Interest Payable ?50.00
Short Term Loans ?10,000.00
Total Current Liabilities ?62,636.00
Long-Term Liabilities
Bank Loans ?42,000.00
Total Long-Term Liabilities ?42,000.00
Total Liabilities ?104,636.00
Net Assets ?171,725.00
Equity
Share Capital ?45,000.00
Retained Earnings ?115,381.00
Current Year Earnings ?11,344.00
Historical Balancing ?0.00
Total Equity ?171,725.00