Love-vandera Laundry Station Cash Receipts Journal For the month Ended April 30, 2012 DR Date Received

from Official Receipt No. Amount Account title Other Accounts Debit Credit

TOTAL

Love-vandera Laundry Station Cash Disbursement Journal For the month ended April 30,2012 CR Check Voucher No. Amount DR Accounts Payable DR Advertising. Exp. DR Laundry Supply Exp. DR Misc. Exp. DR Office S. Exp. DR Payroll Taxes DR Prepaid Rent Exp. DR R&M DR Salaries Exp. DR Taxes Licenses DR Utilities Exp. 9 Other Accounts Account title Dr 9

Date

Paid to

Explanation

Total

Love-vandera Laundry Station General Journal For the Month Ended April 30,2012

Date

Particulars

PR

Debit

Credit

Love-vandera Laundry Station Worksheet For the Month Ended April 30,2012

Account Title Dr. Cash Accounts Receivable Allow. For Doubtful Accounts Office Supplies Laundry Supplies Prepaid Rent Machineries & Equipment Accumulated Depreciation Furniture & Fixtures Accumulated Depreciation Office Equipment Accumulated Depreciation Service Vehicle - Tricycle Accumulated Depreciation Accounts Payable Utilities Payable Payroll Taxes Salaries Payable Owner's Capital Owner's Withdrawal Income Summary Service Revenue Advertising Expense Depreciation Expense - Furniture & Fixture Depreciation Expense - Machineries & Equipment Depreciation Expense - Office Equipment Depreciation Expense - Service Vehicle (tricycle) Doubtful Expense Laundry Supplies Expense Miscellaneous Expense Office Supplies Expense Payroll Taxes Expense Prepaid Rent Expense Repair & Maintenance Salaries Expense Taxes & Licenses Utilities Expense Total

Beg. Balance Cr.

Cash Receipts Journal Dr. Cr.

Cash Disb. Journal Dr. Cr. Dr.

General Journal Cr. Dr. -

Transactions Cr. Dr.

Trial Balance Cr. Dr.

Adjustments Cr. Dr.

Adjusted TB Cr.

Income Statement Dr. Cr. Dr.

Balance Sheet Cr.

20,000.00 4,000.00 2,000.00 500.00 3,000.00 15,000.00 4,000.00 5,000.00 30,000.00 10,000.00 3,500.00

20,000.00 4,000.00 2,000.00 500.00 3,000.00 15,000.00 4,000.00 5,000.00 30,000.00 10,000.00 3,500.00 70,000.00 25,000.00 500.00 5,000.00 1,000.00 3,000.00 6,000.00 2,500.00 101,500.00 108,500.00 -

20,000.00 4,000.00 2,000.00 500.00 3,000.00 15,000.00 4,000.00 5,000.00 30,000.00 10,000.00 3,500.00 70,000.00 25,000.00 500.00 5,000.00 1,000.00 3,000.00 6,000.00 2,500.00 108,500.00 18,000.00 7,000.00 25,000.00 25,000.00 25,000.00

20,000.00 4,000.00 2,000.00 500.00 3,000.00 15,000.00 4,000.00 5,000.00 30,000.00 10,000.00 3,500.00 70,000.00 25,000.00

70,000.00

25,000.00 -

500.00 5,000.00 1,000.00 3,000.00 6,000.00 2,500.00

108,500.00 -

500.00 5,000.00 1,000.00 3,000.00 6,000.00 2,500.00 101,500.00

101,500.00

83,500.00

83,500.00 -

Income
Total

83,500.00

83,500.00

Love-vandera Laundry Station Balance Sheet As of April 30,2012

Assets Current Assets Cash Accounts Receivable Less: Allowance for Doubtful Accounts Office Supplies Laundry Supplies Prepaid Rent Total Current Assets Non Current Assets Machineries & Equipment Laundry Furniture & Fixtures Laundry & Office Office Equipment Service vehicle Tricycle Less: Accumulated Depreciation Total Non Current Assets Total Assets Liabilities Current Liability Accounts Payable Utilities Payable Payroll Taxes Salaries Payable Total Liabilities Owners Equity Owners Capital Total Liabilities & Equity 15,000.00 4,000.00 5,000.00 30,000.00 20,000.00 4,000.00 4,000.00 2,000.00 500.00 3,000.00 29,500.00

54,000.00 54,000.00 83,500.00

10,000.00 3,500.00 13,500.00 70,000.00 83,500.00

Love-vandera laundry Station Income Statement For the period April 30,2012

Revenue Service Revenue Expenses Advertising Expense Depreciation Expense Furniture & Fixtures Depreciation Expense Machineries & Equipment Depreciation Expense Office Equipment Depreciation Expense Service Vehicle (tricycle) Doubtful Expense Laundry Supplies Expense Miscellaneous Expense Office Supplies Expense Payroll Taxes Expense Prepaid Rent Expense Repair & Maintenance Salaries Expense Taxes & Licenses Utilities Expense 500.00 1,000.00 3,000.00 6,000.00 2,500.00 25,000.00

13,000.00

Net Income

12,000.00

Love - vandera Laundry Station Statement of Changes in Equity For the Period of April 30, 2012

Salgados, Owner's Equity Add: Additional Investment by Salgados Profit Less: Wihtdrawal Salgados, Owner's Equity

Love-vandera Laundry Station Statement of Cash Flow For the month ended April 30, 2012

Cash Flows from Operating Activities: Cash Received from Customers Payments to expenses: Advertising Depreciation - Furniture & Fixtures Depreciation - Machineries & Equipment Depreciation - Office Equipment Depreciation - Service Vehicle (tricycle) Doubtful Laundry Supplies Miscellaneous Office Supplies Payroll Taxes Prepaid Rent Repair & Maintenance Salaries Taxes & Licenses Utilities Net cash provided by (used in) operating activities Cash Flows from Investing Activities: Payments to acquire: Furniture & Fixtures Machineries & Equipment Office Equipment Service Vehicle - tricycle Net cash provided by (used in) investing activities Cash Flows from Financing Activities: Cash Received as investment by owner Cash received from barrowings Payments for withdrawals by owner Net cash provided by (used in) financing activities Net Increase (Decrease) in Cash Cash balance at the beginning of the period Cash balance at the end of the period -