Russel Dumalaga

Balance Sheet Company ABC As at 30 June 2020 Cash Basis 30 Jun 2020 31 Mar 2020 31 Dec 2019 40,000 - - Less Accumulated Depreciation on Computer Equipment (1,000) - - Office Equipment 25,000 - - Less Accumulated Depreciation on Office Equipment (5,000) - - Total Fixed Assets 59,000 - - 59,000 - - Assets Fixed Assets Computer Equipment Total Assets Liabilities Current Liabilities GST 429 - - 1,200 - - Owner A Drawings (8,000) - - Owner A Funds Introduced 20,000 - - Total Current Liabilities 13,629 - - Income Tax Payable Non-Current Liabilities Loan 50,000 - - 50,000 - - Total Liabilities 63,629 - - Net Assets (4,629) - - Total Non-Current Liabilities Equity Current Year Earnings Total Equity Balance Sheet | Company ABC | 26 June 2021 (4,629) - - (4,629) - - Page 1 of 1