Lannister Salon Statement of Financial Position December 31, 2022 to 2023 2022 Assets Current Assets Cash and Cash Equivalents 2023 (-) (+) Peso-Percent 587,993.00 752,732.00 164,739.00 28.02 Investment and Trading Securities 94,000.00 130,650.00 36,650.00 38.99 Trade and Other Receivables 60,100.00 80,000.00 19,900.00 33.11 Inventories Prepaid Expenses 267,000.00 400,000.00 133,000.00 49.81 125,556.00 135,000.00 9,444.00 7.52 Total Current Assets 1,134,649.00 1,498,382.00 363,733.00 32.06 Non-Current Assets Property, Plant and Equipment 487,000.00 505,000.00 18,000.00 3.70 Total Assets 1,621,649.00 2,003,382.00 381,733.00 23.54 Liabilities and Owner's Equity Current Liabilities Trade and Other Payables 369,900.00 500,000.00 130,100.00 35.17 Non-Current Liabilities Mortgage Payable 115,000.00 200,000.00 85,000.00 73.91 Loan Payable (3 years) 114,000.00 200,000.00 86,000.00 75.44 Total Non-Current Liabilities Total Liabilities 229,000.00 598,900.00 900,000.00 400,000.00 171,000.00 74.67 301,100.00 50.28 Owner's Equity Capital 1,022,749.00 1,103,382.00 80,633.00 7.88 Total Liabilities and Owner's Equity 1,621,649.00 2,003,382.00 381,733.00 23.54

Lannister Salon Statement of Financial Position December 31, 2022 to 2023 2022 Assets Current Assets Cash and Cash Equivalents 2023 (-) (+) Peso-Percent 587,993.00 752,732.00 164,739.00 28.02 Investment and Trading Securities 94,000.00 130,650.00 36,650.00 38.99 Trade and Other Receivables 60,100.00 80,000.00 19,900.00 33.11 Inventories Prepaid Expenses 267,000.00 400,000.00 133,000.00 49.81 125,556.00 135,000.00 9,444.00 7.52 Total Current Assets 1,134,649.00 1,498,382.00 363,733.00 32.06 Non-Current Assets Property, Plant and Equipment 487,000.00 505,000.00 18,000.00 3.70 Total Assets 1,621,649.00 2,003,382.00 381,733.00 23.54 Liabilities and Owner's Equity Current Liabilities Trade and Other Payables 369,900.00 500,000.00 130,100.00 35.17 Non-Current Liabilities Mortgage Payable 115,000.00 200,000.00 85,000.00 73.91 Loan Payable (3 years) 114,000.00 200,000.00 86,000.00 75.44 Total Non-Current Liabilities Total Liabilities 229,000.00 598,900.00 900,000.00 400,000.00 171,000.00 74.67 301,100.00 50.28 Owner's Equity Capital 1,022,749.00 1,103,382.00 80,633.00 7.88 Total Liabilities and Owner's Equity 1,621,649.00 2,003,382.00 381,733.00 23.54

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter8: Liabilities And Stockholders' Equity

Section: Chapter Questions

Problem 8.1.2MBA

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