Period Ending

Assets
Current Assets

Total Current Assets

Long Term Investments
Property Plant and Equipment
Goodwill
Intangible Assets
Accumulated Amortization
Other Assets
Deferred Long Term Asset Charges

Total Assets

Liabilities
Current Liabilities

Total Current Liabilities

Long Term Debt
Other Liabilities
Deferred Long Term Liability Charges
Minority Interest
Negative Goodwill

Total Liabilities

Stockholders' Equity
Misc Stocks Options Warrants
Redeemable Preferred Stock
Preferred Stock

Common Stock
Retained Earnings
Treasury Stock
Capital Surplus
Other Stockholder Equity

Total Stockholder Equity

Net Tangible Assets

Dec 31,
2013

Dec 31,
2012

Cash And Cash Equivalents

3,323,000

2,384,000

Short Term Investments

8,126,000

7,242,000

1,160,000

1,170,000

461,000

471,000

13,070,000

11,267,000

2,882,000

2,391,000

1,722,000

1,388,000

221,000

57,000

17,895,000

15,103,000

642,000

488,000

420,000

534,000

38,000

30,000

1,100,000

1,052,000

237,000

1,991,000

1,088,000

305,000

Net Receivables
Inventory
Other Current Assets

Accounts Payable

Short/Current Long Term Debt

Other Current Liabilities

2,425,000

3,348,000

3,159,000

1,659,000

12,297,000

10,094,000

14,000

2,000

15,470,000

11,755,000

13,748,000

10,367,000

Dec 31,
2011

1,512,000
2,396,000
547,000
149,000

4,604,000
1,475,000
162,000
90,000
-

6,331,000

359,000
450,000

90,000

899,000
398,000
135,000
-

1,432,000

615,000

1,606,000
2,684,000
-6,000

4,899,000

4,737,000

Period Ending

Dec 31, 2013

Dec 31,
2012

Assets
Current Assets
Cash And Cash Equivalents

841,010

203,328

1,393,044

221,528

247,328

112,155

93,297

17,455

2,574,679

554,466

Property Plant and Equipment

332,662

185,574

Goodwill

363,477

68,813

77,627

3,753

17,795

18,962

3,366,240

831,568

138,304

61,043

87,126

48,836

Total Current Liabilities

225,430

109,879

Long Term Debt

110,520

65,732

Other Liabilities

20,784

19,437

Deferred Long Term Liability Charges

59,500

12,156

Minority Interest

Negative Goodwill

416,234

207,204

Misc Stocks Options Warrants

835,430

Redeemable Preferred Stock

37,106

Preferred Stock

Common Stock

Short Term Investments

Net Receivables
Inventory
Other Current Assets
Total Current Assets
Long Term Investments

Intangible Assets
Accumulated Amortization
Other Assets
Deferred Long Term Asset Charges

Total Assets
Liabilities
Current Liabilities
Accounts Payable
Short/Current Long Term Debt
Other Current Liabilities

Total Liabilities
Stockholders' Equity

Retained Earnings

-994,626

-349,303

Treasury Stock

Capital Surplus

3,944,952

101,787

Other Stockholder Equity

-323

-657

Total Stockholder Equity

2,950,006

-248,172

Net Tangible Assets

2,508,902

-320,738

Dec 31, 2011

218,996
330,543
39,834
6,695
596,068
61,983
36,761
6,418
19,445
-

720,675

25,050
22,694
-

47,744
21,104
18,543
87,391

835,073
49
1

-269,904
68,097
-32

-201,838
(245,017

Exercise 1
Started Business with on 1st April
Raised money by issuing 8% Bonds on 1st April
Interest is payable on 31st December every year
Purchased stock of goods
Purchased Z shares
Sold entire stock on credit to M ltd
Sold 50% of Z shares for cash
Availed 12% Loan on 1st October. Interest payable on 1st April
Salary per month
Salary paid at the beginning of next month
Collection from M ltd
Purchased land belonging to a local school
in consideration of issue of share capital to the school

of share capital to the school

SOURCES=
150000
100000
80000
20000
200000
35000
200000
3000
70%
200000

RP

120000
145000
145000
109000
109000
109000
103000
91000

SOURCES=
Loan

Bonds
100000
100000
100000
100000
100000

200000
200000
200000
200000
200000
200000

100000
100000
100000
100000
100000
100000

Capital
Cash
150000
150000
150000
150000
150000
150000
150000
150000
150000
350000
350000
350000

ASSETS
Z shares

Stock

Debtor m ltd

150000
250000
170000
150000
150000
185000

80000
80000
0
0

20000
20000
10000

200000
200000

385000
349000
489000
489000
483000
471000

0
0
0
0
0
0

10000
10000
10000
10000
10000
10000

200000
200000
60000
60000
60000
60000

Land

200000
200000
200000