PRETTY ME FINANCIAL STATEMENTS
Cash Accounts payable (Suppliers) 25,000 Initial Investment 1,000,000 Accounts payable (Distribution) 7,200 Cash Income 645,000 Accounts payable (Advertising) 10,000 Salaries -200,000
Building purchase -400,000 Long-term liabilities
Office equipment -20,000
Computer -10,000 Mortgage 373,333 Suppliers -155,000 Operating machine loan 300,000 License -5,000
Advertising -40,000
Distribution -36,000
Principal -126,667
Rent -360,000
Interest rate¹ -54,533
Cash at end of period 237,800
Prepaid expenses (rent) 288,000
Prepaid expenses (license) 2,500
Payments receivable (clients) 55,000
Inventory 25,000
Fixed assets
Computers 10,000 Equity
Office equipment 20,000
Building purchase 800,000 Equity 1,000,000 Operating machine 400,000 Accumulated retained earnings 122,767
Total assets 1,838,300 Total liabilities and equity 1,838,300
Interest rate¹
Principal Mortgage 400,000
Interest rate Mortgage 0.5%
number of payments 180
Interest rate Loan 8%
Principal Loan 400,000
number of payments - loan 4
Principal payment 2222.222222
Mortgage Principal
Principal
1 400,000 2222.222 2000.00
2 397,778 2222.222 1988.89
3 395,556 2222.222 1977.78
4 393,333 2222.222 1966.67
5 391,111 2222.222 1955.56
6 388,889 2222.222 1944.44
Trang 27 386,667 2222.222 1933.33
8 384,444 2222.222 1922.22
9 382,222 2222.222 1911.11
10 380,000 2222.222 1900.00
11 377,778 2222.222 1888.89
12 375,556 2222.222 1877.78
Principal
1 400,000 100,000 8,000
Total: Loan + Mortgage 126,667 31,266.67
Trang 3Profit and loss for the period
Salaries -200,000 Suppliers -180,000 Distribution -43,200 Rent -72,000 Advertising -50,000 Interest rate -54533 License -2500 Inventory 25,000 Profit 122,767
Retained earnings 122,767