Thomas Cassin Pty Ltd Australia.

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Thomas Cassin Pty Ltd
Australia
Balance Sheet
As of July 2018
31-05-2019
23:41:54
Assets
Current Assets
Cash On Hand ?68,020.00
Cash at Bank ?114,307.50
Accounts Receivable
Accounts Receivable ?381,375.00
Less Prov'n for Doubtful Debts ?-5,000.00
Inventory ?107,247.00
Prepaid Insurance ?22,000.00
Office Supplies & Stationery ?3,180.00
Prepaid Rent ?2,400.00
Total Current Assets ?693,529.50
Fixed Assets
Shop Fixtures & Fittings
Shop Fixture & Fittings ?190,000.00
Shop Fixture & Fitti Accum Dep ?-90,000.00
Total Shop Fixtures & Fittings ?100,000.00
Motor Vehicle
Motor Vehicle ?80,000.00
Motor Vehicle Accum Dep ?-32,000.00
Total Motor Vehicle ?48,000.00
Total Fixed Assets ?148,000.00
Total Assets ?841,529.50
Liabilities
Current Liabilities
Accounts Payable ?196,080.00
Accrued Sales Commission ?4,800.00
GST Liabilities
GST Collected ?59,752.97
GST Paid ?-29,820.00
Total GST Liabilities ?29,932.97
Payroll Liabilities
Payroll Accruals Payable ?6,400.00
PAYG Withholding Payable ?16,500.00
Total Payroll Liabilities ?22,900.00
Loans Current ?40,000.00
Total Current Liabilities ?293,712.97
Long-Term Liabilities
Loans Non Current ?110,000.00
Dividend Payable ?20,000.00
Total Long-Term Liabilities ?130,000.00
Total Liabilities ?423,712.97
Net Assets ?417,816.53
Equity
Contributed Equity ?200,000.00
Retained Earnings ?46,860.00
Current Year Earnings ?170,956.53
Total Equity ?417,816.53