Professional Documents
Culture Documents
Assets
Cash
Recievables
Inventories
30000
2500
0
10000 833.3333
40000
20000 1666.667
0
20000 1666.667
0
0
60000
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
120000
78000
42000
12500
18000
6000
1000
4500
500
4000
1000
3000
1500
500
Less: tax
Net Income
april
25920
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
jul y
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
44789.76
oct
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
77396.7053
feb
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
18000
Less: tax
Net Income
may
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
31104
aug
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
53747.712
nov
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
92876.046
venture initiallly holds Rs. 2000 in checking account and Rs, 28000 in
rt term investments. Rock n Roll is not yet selling Roll Parathas, the
ount recievable accoint balance is zero. In late March, Rock n Roll
ered Rs. 10000 of materials needed to start the production. The
erial is in raw material form.
k n Roll also holds Rs. 20000 worth of fixed assets which includes
chinery etc. Since Rock n roll recently purchased its fixed assets, no
reciation is recorded on April 30th. The venture doesnot plans to have
n bulding for three years in the start of venture. Instead it `d take it on
t.
he owner`s friend
e first six months
f 25% the net
march
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
21600
Less: tax
Net Income
june
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
37324.8
sep
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
64497.25
dec
Net Sales
Less: Cost of Good Sold
Gross earnings
Less: Marketing Expenses
Less: Administrative Expenses
Less: Building Rental
Less: Depreciation Expense
Earnings before Interest and tax
Less: Interest
Earnings before taxes
Less: tax
Net Income
111451.3
Expenses
Total cost
640
300
2859.85
340
320
420
720
412.5
200
2000
Decoration Material
Extra Material
Chicken Breast
Posters
Decoration Material
Milk
Chadder Cheese
Mozzarelia Cheese
Box
Spices and Vegetables
Misc. Expenses
Utensils
2000
2000
Total Expenses
12212.35
5.3
2.5
23.8
2.8
2.7
3.5
6.0
3.4
1.7
16.7
16.7
16.7
102
Feb
100
120
533
250
2383
283
267
350
600
344
167
1667
1667
1667
10177
102
0
0
2859.85
340
0
420
720
412.5
0
2000
2000
0
8752
73
100
15000
9000
120
18000
3600
4320
12348
750
2000
900
Inventories Scehduale
Beginning Finished Goods
Production
Materials
Direct labor
Manufacturing Overhead
2008
15106
9000
4320
Total
Less: COGS
Ending finished Goods
Income Statement
Sales
COGS
Gross Earnings
Marketing Expenses
Administrative Expenses
Wages
Transportation
Rent Expense
Depreciation Expenses
EBIT
Interest Expense @ 7%
EBT
Tax @ 10%
Net Income
Balance Sheet
Jan
2000
9220
3600
5620
Feb
15000
18000
9000
3600
6000
14400
900
1080
1200
1440
750
900
300
360
500
500
1055.556 113.3333
2344.444 11266.67
164.1111 788.6667
2180.333
10478
218.0333
1047.8
1962.3
9430.2
Jan
Feb
Assets
Cash
Recievables
Inventories
10500
4500
4320
12600
5400
5620
19320
23620
Gross Equipment
Less: Acc. Depreciation (Value/ Useful life)
Net Equipment
Building
Other Long term Assets
Total Assests
Liabilities and Equity
Account Payables
Accrued Wages
Bank loans
Other current liabilites
Total Current Liabilites
Long term debts
Total Liabilites
3167
340
1055.556 113.3333
2111
227
0
0
0
0
21431
23847
1684.8
375
0
0
2059.8
11101
2191.8
450
0
0
2641.8
12935
13160.8
15576.8
Owner`s Equity
Total Liabilites and Equity
8270.0
21431
8270.0
23847
Total Units
120
120
120
120
120
120
120
120
120
120
120
120
120
March
April
144
May
187
June
243
July
316
Aug
427
Sep
577
778
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3431.82 4461.366 5799.7758 7539.709 10178.6065 13741.12 18550.51
408
530.4
689.52 896.376 1210.1076 1633.645 2205.421
0
0
0
0
0
0
0
504
655.2
851.76 1107.288 1494.8388 2018.032 2724.344
864
1123.2
1460.16 1898.208 2562.5808 3459.484 4670.304
495
643.5
836.55 1087.515 1468.14525 1981.996 2675.695
0
0
0
0
0
0
0
2400
3120
4056
5272.8
7118.28 9609.678 12973.07
2400
3120
4056
5272.8
7118.28 9609.678 12973.07
0
0
0
0
0
0
0
10503
13654
17750
23075
31151
42054
56772
73
73
73
73
73
73
73
144
21600
4320
187
28080
5616
243
36504
7300.8
316
47455.2
9491.04
5620
6780
7688
9268
2400
1080
3120
1404
4056
1825.2
5273
2372.76
427
577
778
64064.52 86487.1 116757.6
12812.904 17297.42 23351.52
11423
11932
11568
7118
9610
12973
3203.226 4324.355 5837.879
2000
11100
4320
6780
March
2000
13304
5616
7688
April
3000
16569
7300.8
9268
May
4000
20914
9491.04
11423
June
3000
3000
3000
24744
28866
33379
12812.904 17297.42 23351.52
11932
11568
10028
July
Aug
Sep
21600
28080
36504 47455.2
64064.52 86487.1 116757.6
4320
5616
7300.8 9491.04 12812.904 17297.42 23351.52
17280
22464
29203.2 37964.16 51251.616 69189.68 93406.07
1296
1685
2190
2847
3844
5189
7005
1728
2246.4
2920.32 3796.416 5125.1616 6918.968 9340.607
1080
1404
1825.2 2372.76
3203.226 4324.355 5837.879
432
561.6
730.08 949.104 1281.2904 1729.742 2335.152
500
500
500
500
500
500
500
136
176.8
229.84 298.792
403.3692 544.5484 735.1404
13620
17856
23362.8 30521.64 41379.214 56036.94 75824.87
953.4 1249.92 1635.396 2136.515 2896.54498 3922.586 5307.741
12666.6 16606.08 21727.404 28385.13 38482.669 52114.35 70517.13
1266.66 1660.608 2172.7404 2838.513 3848.2669 5211.435 7051.713
11399.94 14945.47 19554.664 25546.61 34634.4021 46902.92 63465.41
March
April
May
June
July
Aug
Sep
15120
6480
6780
19656
8424
7688
25552.8 33218.64
10951.2 14236.56
9268
11423
28380
35768
45772.4 58878.12
408
136
272
0
0
28652
530
176.8
354
0
0
36122
2644.2
540
0
0
3184.2
17198
2998.32
702
0
0
3700.32
24151
690
229.84
460
0
0
46232
896
298.792
598
0
0
59476
1210
1634
2205
403.3692 544.5484 735.1404
807
1089
1470
0
0
0
0
0
0
76803
99144
128255
8270.0
28652
8270.0
36121
8270.0
46232
8270.0
59475
8270.0
76803
8270.0
99145
8270.0
128256
Oct
Nov
Dec
1051
1419
0
0
25043.19
2977.318
0
3677.864
6304.91
3612.188
0
17513.64
17513.64
0
76643
73
0
0
33808.31
4019.38
0
4965.116
8511.628
4876.454
0
23643.41
23643.41
0
103468
73
1915
0 fixed
0 fixed
45641.21
5426.163
0 fixed
6702.907
11490.7
6583.212
0 fixed
31918.61
31918.61
0 fixed
139681
73
1051
1419
1915
157622.7 212790.7 287267.4
31524.55 42558.14 57453.49
10028
6898
1623
17514
23643
31919
7881.137 10639.54 14363.37
Year 2016
7278
533.3333
250
173438.7
20619.66
266.6667
25471.35
43665.17
25016.5
166.6667
121292.1
121292.1
1666.667
7278
1091629
224325.9
3000
3000
10000
38422
44181
57905
31524.55 42558.14 57453.49
6898
1623
451
Oct
157622.7
31524.55
126098.2
9457
12609.82
7881.137
3152.455
500
992.4395
102538.6
7177.7
95360.87
9536.087
85824.78
Oct
Nov
212790.7
42558.14
170232.6
12767
17023.26
10639.54
4255.814
500
1339.793
138602.1
9702.145
128899.9
12889.99
116009.9
Nov
Dec
287267.4
57453.49
229814
17236
22981.4
14363.37
5745.349
500
1808.721
187287.8
13110.15
174177.7
17417.77
156759.9
2016
1091629
224325.9
867303.4
65497.76
87330.34
54581.47
21832.59
6000
7834.333
700641
49044.87
651596.1
65159.61
586436.5
2017
1746607
358921.4
1387686
104796.4
139728.6
87330.34
34932.14
9600
12534.93
1121026
78471.79
1042554
104255.4
938298.4
2018
1886335
387635.1
1498700
113180.1
150906.8
94316.77
37726.71
10368
13537.73
1210708
84749.54
1125958
112595.8
1013362
2019
3584037
736506.7
2847531
215042.2
286723
179201.9
71680.75
19699.2
25721.68
2300345
161024.1
2139320
213932
1925388
2016
2017
2018
2019
764140.5
327488.8
87598
0
1179227
0
23503
7834.333
15668.67
0
0
1194896
0
0
34163.22
27290.73
0
0
61453.95
1034202
0
1095656
753640.5
322988.8
83278
0
1159907
0
20336.33
6778.777
13557.55
0
0
1173465
0
0
32478.42
26915.73
0
0
59394.15
1023101
0
1082495
1505181
645077.6
165256
0
2315515
0
43499.33
14499.78
28999.55
0
0
2344514
0
0
64449.84
53756.47
0
0
118206.3
2044368
0
2162574
2243702
961586.4
241754
0
3447042
0
63427.66
21142.55
42285.11
0
0
3489327
0
0
94284.06
80132.2
0
0
174416.3
3050271
0
3224687
Dec
8270.0
166506
8270.0
217093
8270.0
291336
0
99240
1194896
0
90970
1173465
0
181940
2344514
0
264640
3489327
2020
4336685
891173.1
3445512
260201.1
346934.8
216834.3
86733.7
23836.03
31123.23
2783417
194839.2
2588578
258857.8
2329720
2020
3729227
1598240
399322
0
5726789
0
106396.6
35465.53
70931.06
0
0
5797720
0
0
155735.6
133186.7
0
0
288922.3
5070488
0
5359410
0
438310
5797720
3000
0
5000
30000
5000
3000
46000
25000