Professional Documents
Culture Documents
Account No. Account Name Trial Balance Debit Credit
Account No. Account Name Trial Balance Debit Credit
-
4,000.00
- 52,980.00 -
3,512.00 -
52,977.36 52,977.36
14,200.00 -
7,177.08 7,177.08
21,244.44 21,244.44
7,782.00 -
8,421.05 -
4,897.96 -
400.00
1,400.00
2,473.40
82,302.88 82,302.88 124,485.29 52,980.00 397,576.75
- 71,505.29
52,980.00 52,980.00 397,576.75
BALANCE SHEET
Credit
-
-
-
-
-
-
-
6,248.00
7,782.00
65,000.00
-
2,473.40
387,578.64
-
-
-
-
469,082.04
- 71,505.29
397,576.75
QCU CORPORATION
Statement of Income
For the month Dec. 31, 2020
2020
Service Revenue
Service Fees 52,980.00
2020
Owner's Equity, Beg. Balance 387,578.64
Add: Net Income/Loss - 71,505.29
316,073.35
Less:Drawing - 4,000.00
Owner's Equity, ending balance 312,073.35
QCU CORPORATION
Statement of Financial Position
As at Dec. 31, 2020
2,020.00
Current Assets
Cash 226,492.99
Accounts Receivable - Adel Alvarez, employee 1,528.00
Accounts Receivable - Nicolai Carls, employee -
Accounts Receivable - George Paul, employee 5,600.00
Supplies 1,368.00
Total CA 234,988.99
Noncurrent Assets
Office Computer Equipment 59,088.61
Furniture and Fixtures 26,914.21
Leasehold Improvements 72,584.94
Total Noncurrent Assets 158,587.76
Current Liablilities
Accounts Payable - Able Store 6,248.00
Accounts Payable - Juniboi, Inc. 7,782.00
Notes Payable 65,000.00
Withholding Tax Payable -
Income Tax Payable 2,473.40
Total current Liablities 81,503.40
Noncurrent Liability -