Statement of Financial Postion

Beg 2016
ASSET
Current Assets:
Cash 8,400,000
Account Receivable 14,000,000 300,000
Note Receivable 300,000
Supplies 3,500,000
Inventory
Total Current Asset 14,000,000 12,500,000
Non- Current Asset
Building 5,500,000 5,500,000
Land 3,100,000 3,100,000
Equipment 1,200,000
Furniture & Fixtures 800,500
Total Non-Current Asset 8,600,000 10,600,500

TOTAL ASSETS 22,600,000 13,300,500

LIABILITY
Current Liabilirty:
Income Tax Payable 470,000
Accounts Payable
Non-Current Liability:
Loan Liability
TOTAL LIABILITIES 470,000
EQUITY
Dizon Capital 11,300,000 6,415,250
Mamucod Capital 11,300,000 6,415,250
TOTAL EQUITY 22,600,000 12,830,500

TOTAL LIABILITIES & EQUITY 22,600,000 13,300,500

ostion
2017

9,800,000
300,000
300,000
3,300,000

13,700,000

5,050,000
3,100,000
1,050,000
800,400
10,000,400

23,700,400

425,000
150,000

2,000,000
2,575,000

10,562,700
10,562,700
21,125,400

23,700,400
TYPES OF FLOWERS
 Account Receivable Note Receivable
Debit Credit Debit Credit

Service Income 250,000 Rent Income 300,000

Service Income 175,000
Service Income 120,000
Service Income 225,000
Service Income 100,000 570,000
870,000 570,000 300,000
300,000 300,000
 Account Payable
Debit Credit
Furniture&Fixture 150,000