BUSINESS NAME

STATEMENT OF FINANCIAL POSITION AS AT 31/(MONTH)/(YEAR)

RM

RM

Cost

Accumulated
Depreciation
50,000
X
X
X

NON-CURRENT ASSETS

Land and Building

Fixtures and Fittings
Motor Vehicles
Preliminary Expenses

200,000
XXX
XXX
XXX

Intangible NCA
Goodwill
Fixed Deposit
Trademarks
Copyrights
Patents

xx
xx
xx
xx
xx

Investment

xx

CURRENT ASSETS
Closing Inventory/Closing stocks
Short term investment
Bill/Notes Receivables
Account Receivables/Debtors
Less: Allowance for Doubtdul debt

XX
XX
XX
XX
(XX)

Net A/c Receivables

Prepaid Expenses
Accrued Revenue/Revenue Receivable
Cash at bank

XX
XX
XX
XX

Cash in hand/Petty Cash

XX
Total Assets

Financed by:
OWNER'S EQUITY
Capital
Add/(Less): Net Profit/(Net Loss)
Less: Drawing

XX
XX/(XX)
(XX)

NON-CURRENT LIABILITIES
Long-term loan

XX

Mortgage

XX

CURRENT LIABILITIES
Account Payables
Bills/Notes Payables
Short term loan
Accrued Expenses
Prepaid Revenue/Revenue received in advance

XX
XX
XX
XX
XX

Bank Overdraft
Total Liabilities and \equities

XX

RM
Net Carrying
value
150,000
XX
XX
XX
XX

xxX

XXX
XXXX

XX

XX

XX
XXXX