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Sample Company

Statement of Financial Position


As of December 31, 2014
ASSETS
ASSETS
Current Assets:
Cash and Cash Equivalents
Financial Assets at Fair Value
Trade and Other Receivables
Inventories
Prepaid Expenses
TOTAL CURRENT ASSETS
Non-Current Assets:
Property, Plan and Equipment
Long-term Investments
Intangble Assets
TOTAL NON-CURRENT ASSETS
TOTAL ASSETS

LIABILTIES & SHAREHOLDeR'S EQUIT


LIABILITIES
Current Liabilities:
Trade and Other Payables
Current Portion of Serial Bonds Payable
TOTAL CURRENT LIABILITIES
Non-Current Liabilities:
Serial Bonds Payable-Remaining Portion
TOTAL LIABILITIES
SHAREHOLDER'S EQUITY
Share Capital
Reserves
Retained Earnings
TOTAL SHAREHOLDER'S EQUITY
TOTAL LIABILITIES & SHAREHOLDER'S EQUITY

NOTES
NOTE 1: Cash and Cash Equivalents
Cash
Total Cash and Cash Equivalents

NOTE 3: Inventories
Finished Goods
Goods in Process
Factory Supplies
Raw Materials
Total Inventories
NOTE 5: Property, Plan and Equipment
Land
Machinery
Building
Tools
Accum Dep'n:

NOTE 7: Intangible Assets


Goodwill
Franchise
NOTE 9: Reserves
Share Premium

Building
Machinery

420,000
420,000

400,000
600,000
50,000
200,000
1,250,000

1,500,000
2,000,000
4,000,000
40,000
7,540,000
-1,600,000
-1,300,000
4,640,000
100,000
200,000
300,000
500,000
500,000

Sample Company
ement of Financial Position
s of December 31, 2014
ASSETS
NOTES
1
2
3
4

ACCTS
1
1
5
4
1

420,000
250,000
620,000
1,250,000
20,000
2,560,000

5
6
7

6
2
2

4,640,000
2,000,000
300,000

6,940,000
9,500,000

& SHAREHOLDeR'S EQUITY

6
1

620,000
500,000
1,120,000

2,000,000
3,120,000

1
1
1

5,000,000
500,000
880,000
6,380,000
9,500,000

NOTES
NOTE 2: Trade and Other Receivables
Claim Receivable
Notes Receivable
Accounts Receivable
Allow. For Doubtful Accounts

NOTE 4: Prepaid Expenses


Prepaid Insurance
Total Prepaid Expenses

NOTE 6: Long-term Investments


Plant Expansion Fund
Investments in Bonds

NOTE 8: Trade and Other Payables


Accounts Payable
Notes Payable
Employees Income Tax Payable
Accrued Expenses
Accrued Interest on Note Payable
Income Tax Payable
Advances from Customers

20,000
150,000
500,000
-50,000
620,000

20,000
20,000

500,000
1,500,000
2,000,000

300,000
100,000
20,000
30,000
10,000
60,000
100,000
620,000

32 accts

Exemplar Company
Statement of Financial Po
As of December 31, 20
ASSETS
ASSETS
Current Assets:
Cash and Cash Equivalents
Investments
Trade and Other Receivables
Inventories
Prepaid Expenses
TOTAL CURRENT ASSETS
Non-Current Assets:
Property, Plan and Equipment
Long-term Investments
Intangble Assets
Other Non-Cash Assets
TOTAL NON-CURRENT ASSETS
TOTAL ASSETS

LIABILTIES & SHAREHOLDER'S EQ


LIABILITIES
Current Liabilities:
Trade and Other Payables
TOTAL CURRENT LIABILITIES
Non-Current Liabilities:
Premium on Bonds Payable
Bonds Payable
TOTAL NON-CURRENT LIABILITIES
TOTAL LIABILITIES
SHAREHOLDER'S EQUITY
Share Capital
Reserves
Less: Deficit
TOTAL SHAREHOLDER'S EQUITY
TOTAL LIABILITIES & SHAREHOLDER'S EQUITY

Exemplar Company
ement of Financial Position
of December 31, 2014
ASSETS
NOTES
1
2
3
4
5

ACCTS
1
3
3
1
1

500,000
780,000
640,000
1,300,000
70,000
3,290,000

6
7
8
9

5
3
2
2

5,300,000
810,000
3,350,000
150,000

9,610,000
12,900,000

& SHAREHOLDER'S EQUITY

10

1,000,000
1,000,000

1
1

1,000,000
5,000,000
6,000,000
7,000,000

11
12

2
2
1

7,000,000
700,000
-1,800,000
5,900,000
12,900,000

35 accounts

NOTES
NOTE 1: Cash and Cash Equivalents
Cash
Total Cash and Cash Equivalents

NOTE 4: Inventories
Inventories
Total Inventories

110,000
NOTE 6: Property, Plan and Equipment
Land
Equipment
Building
Accum Dep'n:

Building
Equipment

NOTE 8: Intangible Assets


Lease Rights
Computer Software

NOTE 11: Share Capital


Preference Share Capital
Ordinary Share Capital

NOTE 12: Reserves


Share Premium-Preference
Share Premium-Ordinary

NOTES
500,000
500,000

1,300,000
1,300,000

1,500,000
1,000,000
5,000,000
7,500,000
-2,000,000
-200,000
5,300,000

100,000
3,250,000
3,350,000

2,000,000
5,000,000
7,000,000

500,000
200,000
700,000

NOTE 2: Investments
Land held for speculation
Trading Securities

NOTE 3: Trade and Other Receivables


Accounts Receivable
Allow. For Doubtful Accounts
Accrued Interest in Notes Rec
Notes Receivable

NOTE 5: Prepaid Expenses


Prepaid Expenses
Total Prepaid Expenses
NOTE 7: Long-term Investments
Sinking Funds
Cash Surrender Value
Preference share redemption fund
NOTE 9: Other Non-Cash Assets
Long-term refundable deposit
Advances to officers-not currently
collectible
NOTE 10: Trade and Other Payables
Accounts Payable
Notes Payable
SSS Payable
Withholding Tax Payable
Dividends Payable
Accrued Salaries
Unearned Rent Income

500,000
280,000
780,000

400,000
-20,000
10,000
250,000
640,000

70,000
70,000

400,000
60,000
350,000
810,000
50,000
100,000
150,000

400,000
300,000
10,000
30,000
120,000
100,000
40,000
1,000,000

ACCOUNTS:27
Relax Company
Statement of Financial Position
As of December 31, 2014
ASSETS
ASSETS
Current Assets:
Cash and Cash Equivalents
Trade and Other Receivables
Inventories
Prepaid Expenses
TOTAL CURRENT ASSETS
Non-Current Assets:
Property, Plan and Equipment
Investment in associate
Intangible Assets
TOTAL NON-CURRENT ASSETS
TOTAL ASSETS

LIABILTIES & SHAREHOLDER'S EQUITY


LIABILITIES
Current Liabilities:
Trade and Other Payables
Mortgage Notes Payable-Current Portion
TOTAL CURRENT LIABILITIES
Non-Current Liabilities:
Mortgage Notes Payable-Remaining portion
Bank Loan Payable-due June 30, 2016
TOTAL NON-CURRENT LIABILITIES
TOTAL LIABILITIES
SHAREHOLDER'S EQUITY
Share Capital
Reserves
Retained Earnings
TOTAL SHAREHOLDER'S EQUITY
TOTAL LIABILITIES & SHAREHOLDER'S EQUITY

NOTES

elax Company
nt of Financial Position
December 31, 2014

NOTE 1 Cash & Cash Equivale


Cash

ASSETS
NOTES
1
2

ACCTS
1
2
1
1

NOTE 2 Trades and other Rece


Accounts Receivable
Less: Allow for Doubtf

400,000
750,000
1,000,000
100,000
2,250,000

3
4

7
1
2

5,600,000
1,300,000
350,000
7,250,000
9,500,000

NOTE 3 Plan, Property, and Eq


Land
Building
Machinery
Equipment
Total Property, Plan, a
Building
Less:
Accum. Machinery
Dep'n Equipment
Carrying Amount

HAREHOLDER'S EQUITY

5
1

NOTE 4 Intangible Assets


Trademark
Secret processes and

1,350,000
400,000
1,750,000

ng portion
1

1,600,000
500,000
2,100,000
3,850,000

1
3
1

3,000,000
1,400,000
1,250,000
5,650,000
9,500,000

NOTE 5 Trade and Other Paya


Accounts Payable
Notes Payable
Income tax Payable
Accrued Expenses
Estimated Liability for

NOTE 6 Reserves
Share Premium
Retained Earning app
Retained Earning app

NOTES

ash & Cash Equivalents

rades and other Receivable


ccounts Receivable
ess: Allow for Doubtful Accts

400,000
400,000

800,000
50,000
750,000

lan, Property, and Equipment

quipment
otal Property, Plan, and Equip

quipment
arrying Amount

ntangible Assets
rademark
ecret processes and formulas

rade and Other Payables


ccounts Payable
otes Payable
ncome tax Payable
ccrued Expenses
stimated Liability for Damages

hare Premium
etained Earning approp-PE
etained Earning approp-Cont

500,000
5,000,000
3,000,000
400,000
8,900,000
2,000,000
1,200,000
100,000
5,600,000

150,000
200,000
350,000

350,000
750,000
50,000
60,000
140,000
1,350,000

300,000
1,000,000
100,000
1,400,000

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