ASSETS

CASH ACCOUNT RECEIVABLE

45000 93000
A. 35000
BAL 80000 93000
B. -50000
BAL 30000 93000
C. 32125
BAL 62125 93000
D. -6000
BAL 56125 93000
E.
BAL 56125 93000
F. -22800
BAL 33325 93000
G. 84750
BAL. 33325 177750
H.
BAL. 33325 177750
I. -14000
BAL 19325 177750
J 88000 -88000
BAL 107325 89750
K
BAL 107325 89750
L -12000
BAL 95325 89750
TOTAL ASSETS 315975

D'Lite Dry Cleaners

Statement of Comprehensive Income
For the Month Ended July,31 2014

Fees Earned 116875

Expenses
Rent Exp. -6000
Wages Exp. -7500
Utilities Exp. -1300
Truck Exp. -2500
Misc. Exp. -2700
Supplies Exp. -3600
Dry Cleaning Exp. -29500
Total Exp. -53100
Net Profit 63775

D'Lite Dry Cleaners

Statement Cash Flow
For the Month Ended July,31 2014

Cash flows from operating activities

Cash received from custumer 120125
Deduct cash payment for operating exp. And paymend the creditor -42800
Net cash flows from operating activities
Cash flow used for investingactivities
Cash payment for purchase of Land
Cash flows from financing activities
Cash received from issuing stock 35000
Deduct devidends -12000
Net cash flows from financing activities
Net increasse in cash during year
Cash as July 1,2014
Cash as July 31,2014
ASSETS LIABILITIES +
SUPPLIES LAND ACOUNT PAYABLE
7000 75000 40000

7000 75000 40000

50000
7000 125000 40000

7000 125000 40000

7000 125000 40000

2500 2500
9500 125000 42500
-22800
9500 125000 19700

9500 125000 19700

29500
9500 125000 49200

9500 125000 49200

49200
-3600
5900 125000 98400

5900 125000 49200

15975

D'Lite Dry Cleaners

Retained Earning Statment
For the Month Ended July,31 2014

Retained Earning July,1, 2014

Net Profit for the Month
Less devidends
Increase in retained earnings
Reatained earnings July,31,2014

D'Lite Dry
Statement of Fi
 For the Month En

Assets
Land
Supplies
Account Receivable
Cash

Total assets

77325

-50000

23000
50325
45000
95325
 SHARE CAPITAL RETAINED EARNING DIVIDENDS
60000 120000
35000
95000 120000

95000 120000

95000 120000

95000 120000

95000 120000

95000 120000

95000 120000

95000 120000

95000 120000

95000 120000

95000 120000
-12000
95000 120000 -12000
315975

D'Lite Dry Cleaners

Retained Earning Statment
For the Month Ended July,31 2014

120000
63775
-12000
51775
171775

D'Lite Dry Cleaners

Statement of Financial Position
 For the Month Ended July,31 2014

Assets Equity
125000 Share Capital-Ordinary
5900 Retained Earnings
89750 Total Equitas
95325 Liabilities
Acc. Payable
315975 Total Equitas and Liabillities
 EQUITY
FEES EARNED RENT EXP. TRUCK EXP. WAGE EXP. SUPPLIES EXP.

-6000
32125
32125 -6000

-6000

32125 -6000

32125 -6000
84750
116875 -6000

116875 -6000
-2500 -7500
116875 -6000 -2500 -7500

116875 -6000 -2500 -7500

-3600
116875 -6000 -2500 -7500 -3600

116875 -6000 -2500 -7500 -3600

315975
 Equity
95000
171775
266775

49200
and Liabillities 315975
MISC. EXP. UTILITIES EXP. DRY CLEANED EXP.

-29500
-29500
-2700 -1300
-2700 -1300 -29500

-2700 -1300 -29500

-2700 -1300 -29500

-2700 -1300 -29500

 Wolvreen
Statement of Comprehensive Income
For the Month Ended April,30 2014

Fees Earned 750000

Expenses
Wage Exp. -300000
Rent Exp. -100000
Supplies Exp. -30000
Utilities Exp -20000
Misc. Exp. -25000
Total Exp. -475000
Net Profit 275000

Wolvreen
Statement of Financial Position
For the Month Ended April,30 2014

Assets
Land 150000
Supplies 12500
Cash 462500

Total assets 625000

 Wolvreen
Retained Earning Statment
For the Month Ended April,30 2014

Retained Earning July,1, 2014

Net Profit for the Month
Less devidends
Increase in retained earnings
Reatained earnings July,31,2014

Wolvreen
tement of Financial Position
he Month Ended April,30 2014

Equity
Share Capital-Ordinary 375000
Retained Earnings 150000
Total Equitas 525000
Liabilities
Acc. Payable 100000
Total Equitas and Liabillities 625000
en
g Statment
d April,30 2014

0
275000
-125000
150000
150000