CURRENT ASSETS .Cash (Note 6) Short-Term Investments (Note 7) Trade and Other Receivables (Note 8) Total Current Assets 43,323 P 150,000 1,041,192 1,234,515 2,040,436 100,000 35,000 2,175,436 NON-CURRENT ASSETS Property & Equipment, net (Note 9) Total Non-Current Assets 6,403,171 6,403,171 6,141,589 6,141,589 TOTAL ASSETS 7,637,686 8,317,025 LIABILITIES & FUND BALANCE LIABILITIES CURRENT LIABILITIES Trade and Other Payables (Note 10) 657,003 657,003 1,609,389 1,609,389 Total Current Liabilities TOTAL LIABILITIES 657,003 1,609,389 FUND BALANCE 6,980,683 6,707,636 TOTAL LIABILITIES & FUND BALANCE 7,637,686 P 8,317,025 P.
CURRENT ASSETS .Cash (Note 6) Short-Term Investments (Note 7) Trade and Other Receivables (Note 8) Total Current Assets 43,323 P 150,000 1,041,192 1,234,515 2,040,436 100,000 35,000 2,175,436 NON-CURRENT ASSETS Property & Equipment, net (Note 9) Total Non-Current Assets 6,403,171 6,403,171 6,141,589 6,141,589 TOTAL ASSETS 7,637,686 8,317,025 LIABILITIES & FUND BALANCE LIABILITIES CURRENT LIABILITIES Trade and Other Payables (Note 10) 657,003 657,003 1,609,389 1,609,389 Total Current Liabilities TOTAL LIABILITIES 657,003 1,609,389 FUND BALANCE 6,980,683 6,707,636 TOTAL LIABILITIES & FUND BALANCE 7,637,686 P 8,317,025 P.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Make a Horizontal Analysis and briefly explain the findings.
Transcribed Image Text:CURRENT ASSETS
Cash (Note 6)
Short-Term Investments (Note 7)
Trade and Other Receivables (Note 8)
Total Current ASsets
43,323 P
150,000
1,041,192
1,234,515
2,040,436
100,000
35,000
2,175,436
NON-CURRENT ASSETS
Property & Equipment, net (Note 9)
Total Non-Current Assets
6,403,171
6,403,171
6,141,589
6,141,589
TOTAL ASSETS
7,637,686
8,317,025
LIABILITIES & FUND BALANCE
LIABILITIES
CURRENT LIABILITIES
Trade and Other Payables (Note 10)
Total Current Liabilities
657,003
657,003
1,609,389
1,609,389
TOTAL LIABILITIES
657,003
1,609,389
FUND BALANCE
6,980,683
6,707,636
TOTAL LIABILITIES & FUND BALANCE
7,637,686 P
8,317,025
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