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Looking at the example of Apple Inc. balance sheet, prepare balance sheet for your virtual project in Pakistani/UK format. My virtual project is Online hair
Looking at the example of Apple Inc. balance sheet, prepare balance sheet for your virtual project in Pakistani/UK format.
My virtual project is Online hair dresser System
s 80.000 10.000 10,000 $ 100,000 ASSETS Current assets Cash Trading securities Accounts receivable Inventories Long term Investments Investment in Sledge Property, Plant & Equip. Land Building and equipment (net) Intangible Assets Patent Total assets PREMIER TOOLS COMPANY Balance Sheet March 31, 20X3 LIABILITIES Current Liabilities $ 100,000 Accounts payable 70,000 Salaries payable 80,000 Interest payable 200,000 $ 450,000 Long term Liabilities Note payable 400,000 Mortgage liability Total liabilities $ 25,000 STOCKHOLDERS' EQUITY 100.000 125.000 Capital stock Retained earnings 225,000 Total stockholders' equity $ 1.200.000 Total Liabilities and equity $ 190,000 110,000 300,000 $ 400,000 $ 300,000 500.000 800,000 $ 1.200.000 s 80.000 10.000 10,000 $ 100,000 ASSETS Current assets Cash Trading securities Accounts receivable Inventories Long term Investments Investment in Sledge Property, Plant & Equip. Land Building and equipment (net) Intangible Assets Patent Total assets PREMIER TOOLS COMPANY Balance Sheet March 31, 20X3 LIABILITIES Current Liabilities $ 100,000 Accounts payable 70,000 Salaries payable 80,000 Interest payable 200,000 $ 450,000 Long term Liabilities Note payable 400,000 Mortgage liability Total liabilities $ 25,000 STOCKHOLDERS' EQUITY 100.000 125.000 Capital stock Retained earnings 225,000 Total stockholders' equity $ 1.200.000 Total Liabilities and equity $ 190,000 110,000 300,000 $ 400,000 $ 300,000 500.000 800,000 $ 1.200.000
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