Balance Sheet

 

Balance Sheet As At 31st Dec.
Assets		Note		2015		2016
Current Assets
Cash on Hand & At Bank				30000		60000
Accounts Receivable		1		30000		40000
Inventory				20000		30000
Total Current Assets				80000		130000
Fixed Assets
Cars				40000		35000
Furniture and Decoration				25000		30000
Computers				25000		15000
Total Fixed Assets		2		90000		80000
Intangible assets
Trademarks				50000		50000
Total Intangible assets				50000		50000
Other Assets				5000		5000
Total Assets				225000		265000
Liabilities & Shareholder's Equity
Current Liabilities
Accounts Payable		3		60000		70000
Short term loans				30000		50000
Total Current Liabilities				90000		120000
Non-Current Liabilities
Long term loans				60000		50000
Total Non-Current Liabilities				60000		50000
Total Liabilities				150000		170000
Shareholder's Equity
Capital				50000		50000
Retained Earning				25000		45000
Total Shareholder's Equity		4		75000		95000
Total Liabilities & Shareholder's Equity				225000		265000