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    Balance Sheet Report1

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    nyxflrzzzz

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    Balance Sheet Report1

    Uploaded by

    nyxflrzzzz
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    1 views1 page

    Balance Sheet Report1

    Uploaded by

    nyxflrzzzz

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    JORDAN HARDWARE & CONSTRUCTION SUPPLY AS OF DECEMBER 2024

    ASSETS LIABILITIES AND OWNER'S EQUITY


    CURRENT ASSETS CURRENT LIABILITIES
    Cash in Bank ₱ 2,050,000.00 Accounts Payable $ 980,000.00
    Accounts Receivable ₱ 185,000.00 TOTAL CURRENT LIABILITIES $ - $ 980,000.00
    Less: Estimated Uncolletible Accounts ₱ 4,000.00 ₱ 181,000.00 OWNER'S EQUITY
    Merchandise Inventory, Beg. ₱ 1,010,000.00 N. Alegre Capital $ 2,382,010.00
    Unused Supplies ₱ 54,000.00 Add: Net Income $ 772,990.00
    TOTAL CURRENT ASSETS ₱ 3,295,000.00 Less:N. Alegre Drawing $ 60,000.00 $ 712,990.00
    FIXED (LONG-TERM) ASSETS TOTAL OWNER'S EQUITY $ 3,095,000.00
    Furniture & Fixtures ₱ 1,300,000.00
    Less: Accumulated Depreciation ₱ 520,000.00 ₱ 780,000.00 TOTAL LIABILITIES AND OWNER'S EQUITY #REF! $ 4,075,000.00
    TOTAL FIXED ASSETS ₱ 780,000.00

    TOTAL ASSETS ₱ 4,075,000.00

    COMMON FINANCIAL RATIO ₱ - ₱ -


    Debt Ratio (Total Liabilities / Total Assets) #REF!
    Current Ratio (Current Assets / Current Liabilities) ₱ 3.36
    Working Capital (Current Assets - Current Liabilities) ₱ - ₱ 2,315,000.00
    Assets-to-Equity Ratio (Total Assets / Owner's Equity) ₱ 1.32
    Debt-to-Equity Ratio (Total Liabilities / Owner's Equity) #REF!

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