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Fill This balance sheet from given equity statement and income statement [Financial Year] ASSETS OMR Liabilities and Owner's Equity OMR Current Assets Liabilities Capital account

Fill This balance sheet from given equity statement and income statement

[Financial Year]

ASSETS

OMR

Liabilities and Owner's Equity

OMR

Current Assets

Liabilities

Capital account

Current Liabilities

Cash & Bank

Accounts payable

Accounts receivable

Bank Loan

Fixed assets

Any other Liabilities(if any)

Total Liabilities

(+) Owner's Equity

Building and civil works

Vehicles

Furnitures

Computers & Office Equipment

Other assets (if any)

TOTAL ASSETS

Total (L+OE)

Genuises School

Owner's Equity Statement

Period[Date]

Capital at the beginning of the period

100,000 OMR

(+) Add: Additional Contribution

(+) Add:Net income

162,000 OMR

Subtotal

262,000 OMR

(-) Less:Owner's withdrawals (or Dividend distributes)

5000OMR

Owner's Capital at year end

257,000 OMR

Genuises School

Income Statement

For year ended June 30,2025

Profits & Loss

Yearly Total

Revenues

Tuition Fees

(Books+Resources+Uniform) Fees

829,500 OMR

693,000 OMR

136,000 OMR

Less cost of Revenues

Website & software

Science Lab resources

Library resources

IT Lab Resources

Offices Furniture

IB License

400,000 OMR

Gross Profit

429,000 OMR

Less Expenses

Salaries

184,800 OMR

Advertising & marketing

1000 OMR

Utilities(Electricity,Water,Internet service &Telephone Bill)

2400 OMR

Loan Payments

12,000 OMR

Rent expense+accamodation

60,000 OMR

Repair & Maintenance

500 OMR

Stationary & Printing

500 OMR

Petrol

960 OMR

Software

1000 OMR

Insurance

4800 OMR

Total expenses

267,000OMR

Net Profit (Net Income)

162,000 OMR

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