Capital Cash Loan EquipmentFood BeverLicenses License AdOffice Equ

11/1/2009 48000 48000

-7500
21000 21000
-56000 53200 2800
-595 595
-833 833
-1400 1400

-2100 -2100

48000 572 18900 53200 2800 595 833 1400

Revenue 44350 Asset

Expense Equipment 54600
Rent 7500 Depreciati -2445
Salary 23150 Advance Li 833
Wages 5480 Inventory 2430
Depreciati 2445 Recievable 870
Telephone 10016 Cash 1341
Miscelaneo 255 Food Beverages
Interest 540
Licenses 595 Liability
Office Equ 1400 48000
51381 0 Loan 18900
Trade Paya 1583
Revenue -7031 loss -10854
Rent Checking ARevenue Trade Reci Depreciati Accumulated Depriciation

-7500

870 870
2445 2445

-7500 0

637
57629

57629
 Pro Shop Liquor
Date Transaction Cash Shares Inventory Inventory Fixtures
7/1/2007 Shares to Mr. Blair 100,000 100,000
7/1/2007 Buying of Inventory -16,340 16,340
7/1/2007 Buying of Liquor -13,660 13,660
7/1/2007 Buying of Fixtures -11,000 11,000
7/1/2007 Buying of Glassware -4,000
6/30/2008 Pro shop Retail slips 53,700
6/30/2008 Match fees 22,650
6/30/2008 Instruction Fees 45,600
6/30/2008 Liquor Saes 64,550
6/30/2008 Other Revenue 3,050
6/30/2008 Rent -19,500
6/1/2008 Lounge Fixtures -8,400 8,400
6/30/2008 Pro Shop Bills -26,650 26,650
6/30/2008 Liquour Inventory -14,400 14,400
6/30/2008 Salaries & Wages -103,500
6/1/2008 Lounge Fixtures 4,200
6/18/2008 Pro Shop Inventory 2,000
6/30/2008 Liquor Chits
6/30/2008 Depreciation on Fixtures
6/30/2008 Depreciation on Glasses
6/30/2008 Teaching Revenue
6/30/2008 Playing Revenue
6/30/2008 Inventory -27,110 -16,140
72,100 100,000 17,880 11,920 23,600

Income Statement Balance Sheet

Revenues
Pro shop revenue 53700
Liquor Revenue 63900
Instruction revenue 60600
Match revenue 23250
Other 3050
Total 204500

COGS 27110
Liquid COGS 16140
Total 43250
Gross margin 161250

Expenses
Rent 18000
Salary 103500
Ammortization 4331
Total 125831

Net income before tax 35419

Tax 30% of NI 10626
Net Income 24793
 Advance Outstanding Trade Advance
Glassware Revenue Rent Rent Salary Amount Payable Revenue Depreciation

4,000
53,700
22,650
45,600
64,550
3,050
18,000 1,500

103,500
4,200
2,000
-650 650
3,775
2,000
60,600
22,650

4,000 272,150 18,000 1,500 103,500 4,200 2,000 650 5,775

Balance Sheet
AssetsCurrent
AssetsCash $ 72,100 Operating Cash Flow
Accounts Receivable 15,600 Investing Cash Flow
Prepaid Rent 1,500 Financial Cash Flow
Pro Shop Inventory 17,880
Liquor Inventory 11,920
Total Current Assets $ 119,000

Fixed Assets
Fixtures $ 23,600
A/A-Fixtures -2,331
Glassware $ 4,000
A/A-Glassware -2,000
Total Fixed Assets $ 23,269
 Total Assets $ 142,269

Liabilities & Shareholder's Equit

Current Liabilities
Accounts Payable $ 6,200
Unearned Revenue 650
Taxes Payable 10,626
Total Current Liabilities $ 17,476

Shareholder's Equity
Common Shares $ 100,000
Retained Earnings 24,793
Total Shareholder's Equity 124,793

Total Liabilities & Shareholder's Equit142,269

Accumulated Accumulated Trade Supplies
Depreciation Depreciation Recievabl Consume
Fixtures on Glasses Services e d

3,775
2,000
60,600
23,250 600
43,250
3,775 2,000 83,850 600 43,250
Date Transaction Capital Cash Loan
6/1/2011 Personal Investment 50,000 50,000
6/1/2011 Bank Loan 5yrs @4% 50,000 50,000
5/31/2012 Bank Loan -20,000 -20,000
Merchandise Suppliers -498,790
Transportaion cost -10,250
May-11 Furnitures & Fixtures -50,000
Freight on Furniture -4,600
Website -3,000
Rent per yr -36,000
Salary -110,400
Insurance -2,400
Office Supplies -4,560
Advertising -5,800
Computer & Software -3,870
Cash Register -2,700
Utilities, Internet -4,500
Sales 43,141
Credit Card Charges@3% -19,100
Sales Return
Ending Balance of Recievables 634,580
Outstanding Bills Payable
Outstanding Utilities
Purchase of Goods
Return of Goods
Inventory on Hand
Inventory on Hand
TOTAL 50,000 1,751 30,000

Income Statement
Revenue
Expenses

Salary 110,400
Advertising 5,800
Rent 36,000
Marketing
Insurance 2,200

Goods Consumed 480,690

Supply Consumed 3,840
Utilities 5,000
Bank Charges 19,110
Interest
Profit
Depreciation -14,610
 Transport Office
Bills Payable ation Furniture Marketing Advertising Rent Salary Insurance Supplies

-498,790
10,250
50,000
4,600
3,000
36,000
110,400
2,200
4,560
5,800

750 750
500
599,500
-4,560

-3,840
97,400 14,850 50,000 3,000 5,800 36,000 110,400 2,200 1,470

Balance Sheet
677,581 Assets Liabilities
Cash 1,741 Bills Payab 97,400
Furniture 43,680 Loan 30,000
Website 1,500 Interest P 2000
Transportation
Marketing Outstandin 2,560
Office Supp 1,470
Office Equ 4,380 Equity
Accumulated Depreciat 51,030 Personal I 50000
Bills Recivable 2,420 Net profit -2,069
Advance Insurance 200

663,040 Inventory 124,500

-2,000
12,541 179,891
-2,069
179,891
-
 outstanding
Office Cash Bank Credit Depreciation Accumulated
Equipment Utlitities Revenue Recievables Charges Vouchers Furniture Depreciation

10,000 10,000
920 920
1,500

3,870 1,290
2,700 900
4,500
680,141 637,000
19,110
-2,560 2,560
-634,580

500

6,570 5,000 677,581 2,420 19,110 2,560 10,920 14,610

 Depriciation Depreciati
Depreciation Cash on Goods Supplies Interest Interest Insurance
Computer Register Website Inventory Consumed Consumed Expenses Payable Prepaid

2,000 2,000

10,250

1,500

200

1,290
900

599,500
-4,560
-480,690 480,690
3,840
1,290 900 1,500 124,500 480,690 3,840 2,000 2,000 200
 Equipmen Accounts
Cash Revenue Credit Discount ts Insurance Payable

2376000
Raw Office Depreciati Accumulated In Process to
Mterial Supplies Salary Taxes Electricity Services on Depreciation Supplies
 Dividened
Loan Interest s
Cash Loan EquipmentServices Interest Supplies Rent Salary
10000
30000 30000
-25000 25000
12000 12000
-300 300
-1000 1000
-3100 3100
200 -200
-5000 5000
17800 30000 25000 12000 300 800 3100 5000

Revenue 12000 Asset Liabilities

Expense Supplies 800 Loan
Rent 3100 Cash 17800 Capital
Salary 5000 Equipment 25000 Earner Rev

Profit 3900
Interest 300 43600
Earned Re 3600
30000
10000
3600

43600
 Share
Cash Capital PPE XYZ
9,000 80,000 39,000 55,000
1 Purchase of parts & Supplies -10,000
2 Sales 216,800
4 Rent -10,000
5 Insurance -1,200
6 Wages -5,000
7 Write Off
8 Salary -194,000
9 Operating Expense -10,000
10 Income Tax -2,258
11 Loan -3,000
12 Advance Rent -1,000
15 Dividend -10,000
16 Tax Rate @ 15%
17 Depreciation -11,000
13 Trade Recievable 108,000
Inventoy Consumed
14 Trade Payable -63,200

Total 24,142 80,000 28,000 55,000

Income Statement
Revenue
Sales 330,000
Expense
Salary 200,000
Insurance 1,200
Bank 3,200
Bad Debts 4,000
Rent 12,000
Operating Ex 10,000
Inventory C 14,500 244,900

Profit 85,100
Depreciation 11,000 74,100
Tax Rate @1 11,115 62,985
Dividened 10,000 52,985
 Trade Interest Taxes Wages Trade
Rent Inventory Recievables Loans Payable Payable Payable Payable
2,000 8,500 22,000 25,000 750 2,258 5,000 8,200
75,000 65,000
110,000
10,000

-5,000
-4,000
6,000

-2,258
-2,250 -750

11,115

-108,000
-14,500
-63,200

12,000 69,000 20,000 22,750 - 11,115 6,000 10,000

Balance Sheet
Asset Liabilities Revenue from Financing
PPE 50,000 Loan 22,750 Interest
Accumulate -22,000 Wages Payable 6,000 Dividend
Net PPE 28,000 Trade Payable 10,000
Cash 24,142 Taxes Payable 11,115
Advance Rent 1,000
Trade Recievable 20,000 Equity Revenue from Investing
Inventory 69,000 Shared Capital 80,000
XYZ 55,000
Retained Earn 14,292
Retained Earn 52,985

197,142 197,142 -

Cash Flow
 Accumula
ted
Bank Operating Advance Deprecia Deprecia
Expenses Insurance Write off Salary Expense Rent Dividend tion tion'

-3,200

1,200

4,000
200,000
10,000

1,000
10,000

11,000 22,000

-3,200 1,200 4,000 200,000 10,000 1,000 10,000 11,000 22,000

Cash Flow
Revenue from Financing Revenue from Operations
-3,000 Indirect Direct
-10,000 PBT 74,100 Purchase o -10,000
Depreciation 11,000 Sales 216,800
Written off 4,000 Rent -10,000
-13,000 Income Tax -11,115 Insurance -1,200
Revenue from Investing Current Assets Wages -5,000
- Trade Recivable -20,000 Salary -194,000
Inventory -69,000 Operating -10,000
Prepaid Rent -1,000 Income Ta -2,258
Current Liabilities Advance R -1,000
Interest Payable 750 Trade Reci 108,000
Dividend Payable 10,000 Trade Paya -63,200
Wages Payable 6,000
- Trade Payable 10,000 28,142
14,735

15,142 407
Inventory
Consume
d Taxes revenue
330,000

11,115

14,500

14,500 11,115 330,000

 Shares @
Date Heading Cash rs10 Registration Rent
5/1/2012 SEL Established 500,000 50,000
5/1/2012 Registration Fees -25,000 25,000
5/1/2012 Rent -110,000 110,000
5/1/2012 Rent Deposit -60,000
7/1/2012 Loan @ 12% 100,000
10/1/2012 Machinery -90,000
10/1/2012 Medical & Trial Ru -11,000
8/1/2012 Office Equipmet -25,000
8/1/2012 Furnitute -12,500
1/1/2013 MAchinery -150,000
2/1/2013 Office Equipmet - Remaining Pay -25,000
2/1/2013 Furnitute - Remaining Pay -12,500
3/31/2013 Interest
3/31/2013 Amortization
3/31/2013 Depreciation A
3/31/2013 Depreciation B
3/31/2013 Depreciation C
3/31/2013 Payment to Vendor -470,750
3/31/2013 Inventory Consumed
3/31/2013 Sales 497,910
3/31/2013 Trade Recivable 82,985
3/31/2013 Promotion -20,000
3/31/2013 Direct Manufacturing Expense -350,000
3/31/2013 Salaries & Administrative Expense -103,750
-284,605 50,000 25,000 110,000

Depreciation
10/1/2013 90,000 15.00% 76,500 1/1/2013
10/1/2014 76,500 15.00% 65,025 1/1/2014

Amortization 1/1/2013
125,000 12,500 11,458

10/1/2012 5,000 ₹ 12.00 60,000 16.800 84,000

11/1/2012 6,000 ₹ 12.50 75,000 17.500 105,000
12/1/2012 7,000 ₹ 13.00 91,000 18.200 127,400
1/1/2013 8,000 ₹ 14.00 112,000 19.600 156,800
2/1/2013 9,000 ₹ 14.75 132,750 20.650 185,850
3/1/2013 10,000 ₹ 15.25 152,500 21.350 213,500
3/31/2013 2,000 ₹ 15.25 30,500 21.350 42,700
Rent Administrative Depreciati
Deposit Loan PPE Exense Equipments Cash Payable on

60,000
100,000
90,000
11,000
50,000 25,000
25,000 12,500
150,000
-25,000
-12,500

11,458
10,125
5,625
4,500
152,500

350,000
103,750
60,000 100,000 240,000 464,750 75,000 152,500 31,708

150,000 15.00% 127,500 INCOME STATEMENT

127,500 15.00% 108,375 Revenue 829,850
Expense
27,000 Registration 25,000
Rent 110,000
Inventory Consumed 592,750
Promotion 20,000
Manufaturing 464,750 1,212,500

PBDIT -382,650
Depreciation & Amortiz 31,708 -414,358
Inerest 9,600 -423,958
Tax - -423,958

Cash Flow
INVESTING
Shares 500,000
FINACING
Acumulated Interest Inventory Trade
Depreciaion Payable Interest Inventory Consumed Revenue Recievable Promotion

9,600 9,600
11,458
10,125
5,625
4,500
623,250
-592,750 592,750
829,850 331,940
-82,985
20,000

31,708 9,600 9,600 30,500 592,750 829,850 248,955 20,000

Balance Sheet
Assets Liabilities
PPE 240,000 Loan 100,000
Equipment 75,000 Shares 500,000
Rent Depos 60,000 Interest Payable 9,600
Depreciati -31,708 Trade Payable 152,500
Trade Reci 248,955 Retained Earnings -423,958
Cash -284,605
Inventory 30,500

338,142 338,142

-
OPERATIONS
- - - - -
 Equipmen Trade
Cash Shares Salary Rent Deposit t Payable
7/1/2020 Investment 60000 60000
Salary -72000 72000
Rent -54000 54000
Sdeposit -18000 18000
7/1/2020 Office Equipments -30000 50000 20000
1/1/2021 Office Equipments -20000 -20000
Depreciation
8/1/2020 Furniture -10000
8/20/2020 Assistant -58667 58667
Advertising -2750
Supplies -7500 7500
Supplies Payment -6750 -6750
Supplies Consumed
Sales 138000
Credit Card Interest -1840
Advance 1000
3/31/2021 Credit Received 64400
3/31/2021 Electricity Bill -5500
3/31/2021 Electricity Pending
3/31/2021 Interner -3650
10/1/2020 Loan 20000
3/31/2021 Interest
-7257 60000 130667 54000 18000 50000 750

Income Statement Balance Sheet

Revenue 230000 Assets
Expense Cash -7257
Salary 130667 Equipment 50000
Rent 54000 Furniture 10000
Advertising 2750 Depreciati -8000
Electricity 6100 Deposit 18000
Internet 3650 197167 Inventory 3000
Trade Reci 27600
Profit 32833
Depreciati 8000 24833 93343
Interest 2840 21993
 Accumula
ted Trade
Deprecia Deprecia Advertisi Bank Recievabl Unearned
tion tion Furniture ng Inventory Revenue Interest e Revenue Electricity

7000 7000
1000 1000 10000

2750
15000

-12000
230000 92000
1840
1000
-64400
5500
600

8000 8000 10000 2750 3000 230000 1840 27600 1000 6100

Cash Flow
Liabilities Investing Operating
Trade Paya 750 Shares 60000 Salary -130667
Unearner 1000 Deposit -18000 Rent -54000
Bills Pabal 1600 Equipment -50000 Advertising -2750
Equity Furniture -10000 Inventory -14250
Shares 60000 -18000 Sales 138000
Loan 20000 Advance 1000
Retainerd 21993 Financing Sales 64400
Interest -1840 Electricity -5500
105343 12000 Loan 20000 interner -3650
18160 -7417

Cash Flow -7257

Bills Loan Interest
Payable Internet Loan Interest Payable

600
3650
20000
1000 1000
600 3650 20000 1000 1000