Alona T Cubong

JD GROCERY SHOP Balance Sheet All Dates TOTAL Assets Current Assets Accounts receivable Accounts Receivable (A/R) 79,000.00 Total Accounts receivable PHP79,000.00 Cash on Hand and in Bank 669,832.03 Inventory 43,657.14 Prepaid expenses 0.00 Total Current Assets PHP792,489.17 Long-term assets Accumulated Depreciation-Furniture and Fixtures -1,205.36 Accumulated Depreciation-Tools and Equipment -5,714.29 Leasehold Improvement 89,285.72 Property, plant and equipment 138,392.85 Accumulated Amortization-Leasehold Improvement Security Deposit -4,-,000.00 Total long-term assets 236,294.63 Total Assets PHP1,028,783.80 Liabilities and shareholder's equity Current liabilities: Accounts payable Accounts Payable 0.00 Total Accounts payable PHP0.00 Chase Credit Card xxxx9639 8,781.58 1-Input VAT Payable -61,636.26 1-Output VAT Payable 39,188.58 Accrued Expenses 16,500.00 Total current liabilities PHP2,833.90 Shareholders' equity: Net Income 25,949.90 JD Capital 1,000,000.00 Retained Earnings 0.00 Total shareholders' equity PHP1,025,949.90 Total liabilities and equity PHP1,028,783.80 Accrual Basis Tuesday, March 22, 2022 02:20 AM GMT+08:00 1/1