The Digital Village (sumera inam) 462 class lane melbourne, VIC,

The Digital Village (sumera inam)
462 class lane melbourne, VIC, 3000 Australia
Balance Sheet
As of January 2019
7/16/2019
12:53:26 PM
Assets
Current Assets
Cash On Hand $90,343.00
Accounts receivable $40,182.00
Less Prov'n for Doubtful Debts ($1,417.00)
Inventory $70,470.00
office supplies $1,169.00
prepaid rent $4,167.00
Total Current Assets $204,914.00
non current assets
property & equipment $40,682.00
Total non current assets $40,682.00
Total Assets $245,596.00
Liabilities
Current Liabilities
accounts payable $43,953.00
GST Liabilities $0.00
GST Collected $13,173.00
GST Paid ($7,477.00)
Payroll Liabilities $2,760.00
interest payable $73.00
short term loans $11,000.00
Total Current Liabilities $63,482.00
Long-Term Liabilities
Bank Loans $42,000.00
Total Long-Term Liabilities $42,000.00
Total Liabilities $105,482.00
Net Assets $140,114.00
Equity
share capital $55,000.00
Retained Earnings $68,599.00
Current Year Earnings $16,515.00
Historical Balancing $0.00
Total Equity $140,114.00