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Accounting exercise

Building Facility

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<span style="color: red; font-family: "open sans";"><span style="background-color: white; font-size: 14px;">                        <b>Faisal company Star business 100,000</b></span></span><br />
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<li>the purchase furniture $10,000</li>
<li>the paid expense carriage expense $5000</li>
<li>the purchase office equipment on account,$2000</li>
<li>the purchase <i><a href="https://www.thelifecolor.com/new-and-beautiful-mehndi-designs/">stationary $500</a></i></li>
<li>the paid rent $2000</li>
<li>the paid salary $3000</li>
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<b><span style="color: red;">Accounting  Equation solution</span></b></div>
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<span style="color: #666666; font-family: "open sans";"><span style="background-color: white; font-size: 14px;">Assets                                                                                                               =liabalities + capital</span></span><br />
  cash       furniture     expensense office equipment stationary<br />
    79500 +10,000     - 5000                         +2000      + 500                    =2000            90,000<br />
                                   -2000<br />
                                   - 3000<br />
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                   92000=92000</div>

Accounting Equation question

Faisal company Star business 100,000 the purchase furniture $10,000 the paid expense carriage expense $5000 ...

adjusting entries

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<span style="font-family: "algerian"; font-size: 14pt; line-height: 21.4667px;">   <span style="color: orange;">ADJUSTING ENTRIES</span><o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 18.4px;">Adjusting entries are also known as journal entries which are pass at the end of current years to make the the correction of account before financial statement are prepared. It is also used in matching principles, it is forth steps of accounting cycle.<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 18.4px;"><b>There are three types of adjusting entries.</b><o:p></o:p></span></div>
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<li>·<span style="font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal; text-indent: -0.25in;"><span style="font-size: large;">   Income</span></span></li>
<li>     Expense</li>
<li>      Non Cash</li>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><span style="color: red;">Expense</span><o:p></o:p></span></b></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">Expense are those which is used by company<b><o:p></o:p></b></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><span style="color: red;">Prepaid expense or unearned revenue</span><o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Prepaid expenses are</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"> those expense which are paid by the company but not yet consumed. Example insurance is a good example of prepaid expense. Incurred expense are only paid on time. Its also current assets of the company<b><o:p></o:p></b></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Unearned revenue </span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;">are also recorded because these consist of income received but no <b>provided services to their customer. Its also liability of the company<o:p></o:p></b></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><span style="color: red;">Accrued expense or accrued revenue</span><o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 18.4px;">Accrued expense</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 18.4px;"> is those expense which are company incurred but not pay for the period of time. Utilities bill is the good example of accrued expense. Utility bill of January is always due in February.<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 18.4px;">Other entries are also known as depreciation amortization entries .it also known as non cash expense entries. These expense are passed on the end of accounting period.<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">   </span><b style="font-family: "Times New Roman", serif; font-size: 12pt;">Bianca pays 2,000$ for February rent in </b><span style="font-family: "times new roman" , serif;"><b>January</b></span><b style="font-family: "Times New Roman", serif; font-size: 12pt;">.</b><span style="font-family: "times new roman" , serif;"><span style="font-size: 12pt;"><o:p></o:p></span></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">                                            <span style="color: red;"> </span><span style="color: red;">Closing journal entries<o:p></o:p></span></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Description</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Debit</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Credit<o:p></o:p></span></b></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">Prepaid rent<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">     Cash<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">2,000$<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">2,000$<o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">                                           <o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">    Bianca January sui gas bill was 200$ and is due in 15 febuary<o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">                                    <span style="color: red;">Closing journal entries</span><o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Date<o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Description</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Debit</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Credit<o:p></o:p></span></b></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">Bill gas  expense<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">     Accrued expense<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">2,00$<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">2,00$<o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 18.4px;">Bianca lease hold improvement depreciation was 500$<o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">                                   <span style="color: red;"> Closing journal entries</span><o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Date<o:p></o:p></span></b></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Description</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Debit</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
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<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Credit<o:p></o:p></span></b></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">Depreciation expense<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">     Accumulated                   expense<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">500$<o:p></o:p></span></div>
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<span style="font-family: "times new roman" , serif; font-size: 12pt;">500$<o:p></o:p></span></div>
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<br /></div>
</td><td style="border-bottom: 1pt solid black; border-left: none; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
</td></tr>
</tbody></table>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 18.4px;">On January , a customer prepays Bianca for hair dresser lessons for the next of 6 months</span></b><span style="background: white; color: #747a87; font-family: "arial" , sans-serif; font-size: 13.5pt; line-height: 20.7px;">.</span><o:p></o:p></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none;"><tbody>
<tr><td style="border: 1pt solid black; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Date<o:p></o:p></span></b></div>
</td><td style="border-bottom: 1pt solid black; border-image: initial; border-left: none; border-right: 1pt solid black; border-top: 1pt solid black; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Description</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
</td><td style="border-bottom: 1pt solid black; border-image: initial; border-left: none; border-right: 1pt solid black; border-top: 1pt solid black; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Debit</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
</td><td style="border-bottom: 1pt solid black; border-image: initial; border-left: none; border-right: 1pt solid black; border-top: 1pt solid black; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Credit<o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
</td></tr>
<tr><td style="border-bottom: 1pt solid black; border-image: initial; border-left: 1pt solid black; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
</td><td style="border-bottom: 1pt solid black; border-left: none; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<span style="font-family: "times new roman" , serif; font-size: 12pt;">Cash<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<span style="font-family: "times new roman" , serif; font-size: 12pt;">     Unearned income<o:p></o:p></span></div>
</td><td style="border-bottom: 1pt solid black; border-left: none; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<span style="font-family: "times new roman" , serif; font-size: 12pt;">2500$<o:p></o:p></span></div>
</td><td style="border-bottom: 1pt solid black; border-left: none; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<span style="font-family: "times new roman" , serif; font-size: 12pt;">2500$<o:p></o:p></span></div>
</td></tr>
</tbody></table>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Bianca  employees  do works half a pay period, so Bianca l accrues $500 of wages</span><o:p></o:p></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">                                             <span style="color: red;"> Closing entries</span></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none;"><tbody>
<tr><td style="border: 1pt solid black; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Date<o:p></o:p></span></b></div>
</td><td style="border-bottom: 1pt solid black; border-image: initial; border-left: none; border-right: 1pt solid black; border-top: 1pt solid black; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Description</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
</td><td style="border-bottom: 1pt solid black; border-image: initial; border-left: none; border-right: 1pt solid black; border-top: 1pt solid black; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Debit</span></b><span style="font-family: "times new roman" , serif; font-size: 12pt;"><o:p></o:p></span></div>
</td><td style="border-bottom: 1pt solid black; border-image: initial; border-left: none; border-right: 1pt solid black; border-top: 1pt solid black; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<b><span style="font-family: "times new roman" , serif; font-size: 12pt;">Credit<o:p></o:p></span></b></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
</td></tr>
<tr><td style="border-bottom: 1pt solid black; border-image: initial; border-left: 1pt solid black; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
</td><td style="border-bottom: 1pt solid black; border-left: none; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<span style="font-family: "times new roman" , serif; font-size: 12pt;">Cash<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<span style="font-family: "times new roman" , serif; font-size: 12pt;">     Unearned income<o:p></o:p></span></div>
</td><td style="border-bottom: 1pt solid black; border-left: none; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<span style="font-family: "times new roman" , serif; font-size: 12pt;">2500$<o:p></o:p></span></div>
</td><td style="border-bottom: 1pt solid black; border-left: none; border-right: 1pt solid black; border-top: none; padding: 0in 5.4pt; width: 119.7pt;" valign="top" width="160"><div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: 0.0001pt;">
<span style="font-family: "times new roman" , serif; font-size: 12pt;">2500$<o:p></o:p></span></div>
</td></tr>
</tbody></table>
<div class="MsoNormal">
<br /></div>
<div>
<span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 18.4px;"><br /></span></div>
</div>

adjusting entries

ADJUSTING ENTRIES Adjusting entries are also known as journal entries which are pass at the end of current years to make the the c...

closing entries

<div dir="ltr" style="text-align: left;" trbidi="on">
<br />
<div class="MsoNormal">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "algerian"; font-size: 18.0pt; line-height: 115%;"><span style="mso-spacerun: yes;">          </span><span style="mso-spacerun: yes;">     </span><span style="mso-spacerun: yes;"> </span>Closing
entries<o:p></o:p></span></b></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;">it is also called journal entries. they are made at
the end of the accounting period. Temporary accounts activities are transferred at the
end of the accounting period.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;">We can say that a temporary account is an income statement
that are used to accounting tracking during the accounting period. For example the balance of revenue is 12million. It will also transfer in the permanent account.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;">A permanent account is also known as a balance sheet. In the permanent account shows at the last end of the accounting period.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;"><span style="mso-spacerun: yes;"> </span>There are
three entries of closing entries<o:p></o:p></span></div>
<div class="MsoListParagraphCxSpFirst" style="mso-list: l0 level1 lfo1; text-align: left; text-indent: -.25in;">
</div>
<ul style="text-align: left;">
<li>·<span style="font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal; text-indent: -0.25in;">        
</span><span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 115%; text-indent: -0.25in;">Income account</span></li>
<li>·<span style="font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;">        
</span><span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 115%; text-indent: -0.25in;">Expense account</span></li>
<li>·<span style="font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;">      <a href="https://www.thelifecolor.com/important-men-grooming-tips/"> 
</a></span><span style="font-family: "times new roman" , serif; font-size: 12pt; line-height: 115%; text-indent: -0.25in;"><a href="https://www.thelifecolor.com/important-men-grooming-tips/">Retained earning</a></span></li>
</ul>
<br />
<div class="MsoListParagraphCxSpLast" style="mso-list: l0 level1 lfo1; text-align: left; text-indent: -.25in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;"><br /></span></div>
<div align="left" class="MsoNormal" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;">                        ALL
REVENUE AND GAIN ACCOUNT<o:p></o:p></span></div>
<div align="left" class="MsoListParagraph" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;"><span style="mso-spacerun: yes;">                          </span></span></div>
<div align="left" class="MsoListParagraph" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div align="left" class="MsoListParagraph" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;"><span style="mso-spacerun: yes;"></span>                          Closing entries<o:p></o:p></span></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;">
 <tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td style="border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Date<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Description<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Debit<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">credit</span></b><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="mso-yfti-irow: 1;">
  <td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;">26-03-18<o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;">Revenue
  <o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">   </span>Income summary account<o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">10,0000</span><b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;"><o:p></o:p></span></b></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">10,0000</span><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="mso-yfti-irow: 2; mso-yfti-lastrow: yes;">
  <td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
 </tr>
</tbody></table>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;"><span style="mso-spacerun: yes;">                                   </span>ALL EXPENSE AND LOSS ACCOUNT</span><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;"><o:p></o:p></span></div>
<div align="left" class="MsoListParagraph" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;"><span style="mso-spacerun: yes;">                         
</span><span style="mso-spacerun: yes;">   </span></span></div>
<div align="left" class="MsoListParagraph" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;">                                  Closing entries<o:p></o:p></span></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;">
 <tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td style="border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Date<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Description<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Debit<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">credit</span></b><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="mso-yfti-irow: 1;">
  <td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;">26-03-18<o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;"> </span>Income summary account<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">           </span>Utilities expense<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">      </span><span style="mso-spacerun: yes;">         </span><span style="mso-spacerun: yes;"> </span>Rent expense<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">     </span><span style="mso-spacerun: yes;">         </span><span style="mso-spacerun: yes;"> </span>Cost of good sold<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">               </span>Supplies expense<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">               </span>Salary expense<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">        </span><o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">      </span><o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">10,0000<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; text-align: right;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">50,000<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">50,000<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">800,000<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">50,000<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">50,000</span><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="mso-yfti-irow: 2; mso-yfti-lastrow: yes;">
  <td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
 </tr>
</tbody></table>
<div align="left" class="MsoListParagraph" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<br /></div>
<br />
<div align="left" class="MsoListParagraph">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;">

</span></div>
<div align="left" class="MsoNormal">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;">                                Dividend
or withdrawal account<o:p></o:p></span></div>
<br />
<div align="left" class="MsoListParagraph" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;"><br /></span></div>
<div align="left" class="MsoListParagraph" style="text-align: left;">
<span style="font-family: "algerian"; font-size: 14.0pt; line-height: 115%;">                                   Closing entries<o:p></o:p></span></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;">
 <tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
  <td style="border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Date<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Description<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">Debit<o:p></o:p></span></b></div>
</td>
  <td style="border-left: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;">credit</span></b><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="mso-yfti-irow: 1;">
  <td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;">26-03-18<o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;">Retained
  earning<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">          </span><span style="mso-spacerun: yes;">   </span>dividend<o:p></o:p></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><span style="mso-spacerun: yes;">   </span>I<o:p></o:p></span></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">10,0000</span><b style="mso-bidi-font-weight: normal;"><span style="font-family: "times new roman" , "serif"; font-size: 14.0pt;"><o:p></o:p></span></b></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="font-family: "times new roman" , "serif";">10,0000</span><span style="font-family: "times new roman" , "serif"; font-size: 12.0pt;"><o:p></o:p></span></div>
</td>
 </tr>
<tr style="mso-yfti-irow: 2; mso-yfti-lastrow: yes;">
  <td style="border-top: none; border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.5pt;" valign="top" width="155"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 163.4pt;" valign="top" width="218"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 82.1pt;" valign="top" width="109"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="border-bottom: solid black 1.0pt; border-left: none; border-right: solid black 1.0pt; border-top: none; mso-border-alt: solid black .5pt; mso-border-bottom-themecolor: text1; mso-border-left-alt: solid black .5pt; mso-border-left-themecolor: text1; mso-border-right-themecolor: text1; mso-border-themecolor: text1; mso-border-top-alt: solid black .5pt; mso-border-top-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 116.8pt;" valign="top" width="156"><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
 </tr>
</tbody></table>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;"><o:p><br /></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;"><o:p>for more details and services</o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;"><o:p>for email</o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "times new roman" , "serif"; font-size: 12.0pt; line-height: 115%;"><o:p><a href="mailto:faisalsadiqi38@gmail.com">faisalsadiqi38@gmail.com</a></o:p></span></div>
<br /></div>

closing entries

Closing entries it is also called journal entries. they are made at the end of the accounting period. Temporary acc...

about me

<div dir="ltr" style="text-align: left;" trbidi="on">
<div class="MsoNormal">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: Algerian; font-size: 18.0pt; line-height: 115%;">                <span style="color: red;"> Welcome to my
website</span><o:p></o:p></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: Algerian; font-size: 18.0pt; line-height: 115%;"><br /></span></b></div>
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<span style="font-size: 12.0pt; line-height: 115%;">Hi my name
is faisal sadiqi. I am CA qualified person. I have more then 10 years
experience in the field of accounting . I also provide services like
Assignments, projects, articles<o:p></o:p></span></div>
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<span style="font-size: 12.0pt; line-height: 115%;">I am also
motivational speaker and social activist. I run many poor children school. Humanity
is great thing. If you want any services regarding ant things. I will provide
you that services for you</span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 18.0pt; line-height: 115%;"> .<o:p></o:p></span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-size: 18.0pt; line-height: 115%;"><span style="color: red;">I will learn you</span><o:p></o:p></span></b></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Journal General<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Ledger<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Trial Balance<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Balance Sheet<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> income statement<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Balance Sheet<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Adjusting Entries<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Closing Entries’<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Bank Reconciliation Statement<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Petty cash<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Payroll<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Financial Ratio<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman";"> Depreciation<o:p></o:p></span></div>
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<span style="font-family: Symbol; font-size: 12.0pt; line-height: 115%; mso-ascii-font-family: "Times New Roman"; mso-bidi-font-family: "Times New Roman"; mso-fareast-font-family: "Times New Roman";">·</span><span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";"> All others related to Accounting and finance etc<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";">If you
want to hire me as a tutor kindly email me<o:p></o:p></span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 12.0pt; line-height: 115%; mso-fareast-font-family: "Times New Roman";"><a href="mailto:faisalsadiqi38@gmail.com">faisalsadiqi38@gmail.com</a></span><b style="mso-bidi-font-weight: normal;"><span style="font-size: 18.0pt; line-height: 115%;"><o:p></o:p></span></b></div>
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about me

Welcome to my website Hi my name is faisal sadiqi. I am CA qualified person. I have more then 10 years experience in ...

Balance Sheet

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                                    <b><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Balance
Sheet</span></b><br />

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<span style="font-family: "Times New Roman", serif; font-size: 18pt; line-height: 115%;"><b>              </b><i> It’s a vital role in
organization. It shows the financial position of the organization.<o:p></o:p></i></span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 18.0pt; line-height: 115%;"><i>It
consist of many parts<o:p></o:p></i></span></div>
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<ul>
<li><i style="font-family: "Times New Roman", serif; font-size: 18pt;">Assest</i></li>
<li><i style="font-family: "Times New Roman", serif; font-size: 18pt;">Liabalities</i></li>
<li><i style="font-family: "Times New Roman", serif; font-size: 18pt;">Capital</i></li>
<li><i style="font-family: "Times New Roman", serif; font-size: 24px;">Net profit</i></li>
</ul>
<br />

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<span style="line-height: 115%;"><i><span style="font-family: Times New Roman, serif;"><span style="font-size: 18pt;">If
all </span><span style="font-size: 24px;">assets</span><span style="font-size: 18pt;">, </span><span style="font-size: 24px;">liabilities</span><span style="font-size: 18pt;"> and capital are equal then its mean our business run in
good position</span></span></i><b style="font-family: "Times New Roman", serif; font-size: 18pt;"><o:p></o:p></b></span></div>
<table border="0" cellpadding="0" cellspacing="0" class="MsoNormalTable" style="border-collapse: collapse; mso-padding-alt: 0in 0in 0in 0in; mso-yfti-tbllook: 1184; width: 527px;">
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    <td style="border-bottom: solid #4F81BD 1.0pt; border-left: none; border-right: none; border-top: solid #4F81BD 1.0pt; height: 32.7pt; mso-border-bottom-themecolor: accent1; mso-border-top-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 5;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">DATE<o:p></o:p></span></b></div>
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    <td style="border-bottom: solid #4F81BD 1.0pt; border-left: none; border-right: none; border-top: solid #4F81BD 1.0pt; height: 32.7pt; mso-border-bottom-themecolor: accent1; mso-border-top-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 1;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">DESCRIPTION<o:p></o:p></span></b></div>
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    <td style="border-bottom: solid #4F81BD 1.0pt; border-left: none; border-right: none; border-top: solid #4F81BD 1.0pt; height: 32.7pt; mso-border-bottom-themecolor: accent1; mso-border-top-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 1;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">RUPEES<o:p></o:p></span></b></div>
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    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 1;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">DATE<o:p></o:p></span></b></div>
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    <td style="border-bottom: solid #4F81BD 1.0pt; border-left: none; border-right: none; border-top: solid #4F81BD 1.0pt; height: 32.7pt; mso-border-bottom-themecolor: accent1; mso-border-top-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 1;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">DESCRIPTION<o:p></o:p></span></b></div>
</td>
    <td style="border-bottom: solid #4F81BD 1.0pt; border-left: none; border-right: none; border-top: solid #4F81BD 1.0pt; height: 32.7pt; mso-border-bottom-themecolor: accent1; mso-border-top-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 1;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">RUPEES<o:p></o:p></span></b></div>
</td>
   </tr>
<tr style="height: 32.7pt; mso-yfti-irow: 0;">
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 68;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">12-03-18<o:p></o:p></span></b></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">CURRENT ASSEST<o:p></o:p></span></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">40,000<o:p></o:p></span></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<br /></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">CURRENT
    LIABALITIES<o:p></o:p></span></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">20,0000<o:p></o:p></span></div>
</td>
   </tr>
<tr style="height: 32.7pt; mso-yfti-irow: 1;">
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 4;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">13-04-18<o:p></o:p></span></b></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; text-align: center;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">NON CURRENT ASSET<o:p></o:p></span></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">20,000<o:p></o:p></span></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">NON CURRENT LIABALITIES<o:p></o:p></span></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">35,000<o:p></o:p></span></div>
</td>
   </tr>
<tr style="height: 32.7pt; mso-yfti-irow: 2;">
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 68;">
<b><span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">14-04-18<o:p></o:p></span></b></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64; text-align: center;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">FIXED
    ASSET<o:p></o:p></span></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">30,000<o:p></o:p></span></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<br /></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">CAPITAL<o:p></o:p></span></div>
</td>
    <td style="background: #D3DFEE; border: none; height: 32.7pt; mso-background-themecolor: accent1; mso-background-themetint: 63; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">10,000<o:p></o:p></span></div>
</td>
   </tr>
<tr style="height: 32.7pt; mso-yfti-irow: 3;">
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 4;">
<br /></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">NET PROFIT<o:p></o:p></span></div>
</td>
    <td style="border: none; height: 32.7pt; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">25,000<o:p></o:p></span></div>
</td>
   </tr>
<tr style="height: 34.5pt; mso-yfti-irow: 4; mso-yfti-lastrow: yes;">
    <td style="background: #D3DFEE; border-bottom: solid #4F81BD 1.0pt; border: none; height: 34.5pt; mso-background-themecolor: accent1; mso-background-themetint: 63; mso-border-bottom-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 68;">
<br /></div>
</td>
    <td style="background: #D3DFEE; border-bottom: solid #4F81BD 1.0pt; border: none; height: 34.5pt; mso-background-themecolor: accent1; mso-background-themetint: 63; mso-border-bottom-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<br /></div>
</td>
    <td style="background: #D3DFEE; border-bottom: solid #4F81BD 1.0pt; border: none; height: 34.5pt; mso-background-themecolor: accent1; mso-background-themetint: 63; mso-border-bottom-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">90,000<o:p></o:p></span></div>
</td>
    <td style="background: #D3DFEE; border-bottom: solid #4F81BD 1.0pt; border: none; height: 34.5pt; mso-background-themecolor: accent1; mso-background-themetint: 63; mso-border-bottom-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<br /></div>
</td>
    <td style="background: #D3DFEE; border-bottom: solid #4F81BD 1.0pt; border: none; height: 34.5pt; mso-background-themecolor: accent1; mso-background-themetint: 63; mso-border-bottom-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<br /></div>
</td>
    <td style="background: #D3DFEE; border-bottom: solid #4F81BD 1.0pt; border: none; height: 34.5pt; mso-background-themecolor: accent1; mso-background-themetint: 63; mso-border-bottom-themecolor: accent1; padding: 0in 5.4pt 0in 5.4pt; width: 64.5pt;" valign="top" width="86">
    <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-yfti-cnfc: 64;">
<span style="color: #365f91; font-family: "Times New Roman","serif"; font-size: 12.0pt; mso-fareast-font-family: "Times New Roman"; mso-themecolor: accent1; mso-themeshade: 191;">90,000<o:p></o:p></span></div>
</td>
   </tr>
</tbody></table>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="height: 15.0pt; padding: 0in 0in 0in 0in;">
  <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="height: 15.0pt; padding: 0in 0in 0in 0in;">
  <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="height: 15.0pt; padding: 0in 0in 0in 0in;">
  <div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;">
<br /></div>
</td>
  <td style="height: 15.0pt; padding: 0in 0in 0in 0in;"></td>
  <td style="height: 15.0pt; padding: 0in 0in 0in 0in;"></td>
 </tr>
</tbody></table>
<div class="MsoNormal">
<br /></div>
<div class="MsoNormal">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">                                 <span style="color: red;"> </span></span></b></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: Times New Roman, serif;"><span style="font-size: 18pt;"><br /></span></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"><span style="font-family: Times New Roman, serif;"><span style="font-size: 18pt;"><br /></span></span></span></div>
<div class="MsoNormal">
<span style="line-height: 115%;"></span></div>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 525px;">
 <colgroup><col style="mso-width-alt: 2816; mso-width-source: userset; width: 58pt;" width="77"></col>
 <col style="mso-width-alt: 4315; mso-width-source: userset; width: 89pt;" width="118"></col>
 <col style="width: 48pt;" width="64"></col>
 <col style="mso-width-alt: 2998; mso-width-source: userset; width: 62pt;" width="82"></col>
 <col style="mso-width-alt: 4388; mso-width-source: userset; width: 90pt;" width="120"></col>
 <col style="width: 48pt;" width="64"></col>
 </colgroup><tbody>
<tr height="20" style="height: 15.0pt;">
  <td class="xl64" colspan="6" height="60" rowspan="3" style="height: 45.0pt; width: 395pt;" width="525">                                       <table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 525px;">
 <colgroup><col style="mso-width-alt: 2816; mso-width-source: userset; width: 58pt;" width="77"></col>
 <col style="mso-width-alt: 4315; mso-width-source: userset; width: 89pt;" width="118"></col>
 <col style="width: 48pt;" width="64"></col>
 <col style="mso-width-alt: 2998; mso-width-source: userset; width: 62pt;" width="82"></col>
 <col style="mso-width-alt: 4388; mso-width-source: userset; width: 90pt;" width="120"></col>
 <col style="width: 48pt;" width="64"></col>
 </colgroup><tbody>
<tr height="20" style="height: 15.0pt;">
  <td class="xl66" colspan="6" height="60" rowspan="3" style="height: 45.0pt; width: 395pt;" width="525"><br /></td></tr>
<tr height="20" style="height: 15.0pt;"><td class="xl65" height="20" style="border-top: none; height: 15.0pt;"></td><td class="xl65" style="border-left: none; border-top: none;"></td><td class="xl65" style="border-left: none; border-top: none;"></td><td class="xl65" style="border-left: none; border-top: none;"></td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
 </tr>
<tr height="20" style="height: 15.0pt;">
  <td class="xl65" height="20" style="border-top: none; height: 15.0pt;"> </td>
  <td class="xl65" style="border-left: none; border-top: none;"> </td>
  <td align="right" class="xl69" style="border-left: none; border-top: none;"></td><td class="xl65" style="border-left: none; border-top: none;"></td><td class="xl65" style="border-left: none; border-top: none;"></td><td align="right" class="xl69" style="border-left: none; border-top: none;"></td></tr>
</tbody></table>
</td></tr>
</tbody></table>
</div>

Balance Sheet

Balance Sheet It’s a vital role in organization. It shows the financial position o...