Assets

Date
May 1
2
3
5
9
12
15
17
20
23
26
29
30
Balanc
e

Cash
8,000
(800)

Account
Receivabl
e

Supplie
s

=
+

Equipmen
t

Liabilities
Note
payable

Account
payable

+
=

Equity
Share
Capti
tal
8,000

Divide
- nd

500

(50)
3,000
(700)

50
3,000
700
3,300

3,300
2,100
(500)

(2,000)
5,000
2,300

(150)
13,70
0

Expen
- ses
800

500

(2,10
0)
(500)
2,000
5,000

Revenu
+ es

2,300
150

1,300

500

2,300

5,000

2,300

8,000

6,300

3,100

700

Paulis Consulting Ltd

Statement of Comprehensive Income
For The Month Ended May 30,2017
Revenues
Service revenue
Expenses
Office Rent
Advertising expenses
Salaries
Utilities expenses
Total expenses
Profit and Total Comprehensive
Income

6,300
800
250
2,100
150
3,100
3,200

Assets
Current:
Cash
Account Receivable
Supplies
Paulis Consulting Ltd
Statement of Financial position
May 30,2017

13,70
0
1,300
500

Non-Current:
Office equipment
Total Assets
Liabilities and Equity
Current:
Notes payable
5,000
Account payable
2,300
Total liabilities
Equity
Share Capital
Retained earnings
Total Liabilities and Equity

8,000
2,500

15,500
2,300
17,800

7,300

10,500
17,800