Question

$4000 “others” is an expense

below is a random list of items that belong on either an agribusinesses balance sheet on" usinesses balance sheet or income statement. Using this information, construct a balance sheet dated December statement from January 1, 2018 to December 31, 2018. NOTE: You need to create bo ct a balance sheet dated December 31, 2018 and an income and income statement from everything below that is formatted so that a manager cember 31, 2018. NOTE: You need to create both a balance sheet information. Every item will only be used once. I would first figure out if the items were that is formatted so that a manager can easily read the sheet or income statement, then arrange them accordingly. ould first figure out if the items belong on a balance Income Tax Expense Other Non-Current Assets Others Other Current Assets Interest Expense Utility Expense Selling, General, and Administrative Accounts Payable Other Current Liabilities Labor Expense Long Term Liabilities Account Receivables Inventory Total Sales Long Term Investments Property Plant and Equipment Current Portion of Long Term Debt Cash Other Long Term Liabilities Long Term Intangible Assets Cost of Goods Sold $ 96,000.00 $ 930,000.00 $ 4,000.00 $ 5,579,000.00 $ 87,000.00 $ 2,500.00 $ 538,000.00 $ 3,082,000.00 $ 5,982,000.00 $ 3,500.00 $ 6,730,000.00 $ 4,231,000.00 $ 8,483,000.00 $ 15,800,000.00 $ 5,319,000.00 $ 9,885,000.00 $ 590,000.00 $ 915,000.00 $ 2,240,000.00 $ 4,065,000.00 $ 14,742,000.00 The following items also need to be on the balance sheet or income statement, but will need to be calculated. In other words, you will use the numbers given above and be able to calculate these items. Equity Earnings Before Interest and Taxes (EBIT) Total Operating Expenses Total Non-Current Liabilities Total Current Liabilities Net Income Total Liabilities Earnings Before Taxes (EBT) Gross Profit/Margin Total Current Assets Total Assets Total Non-Current Assets

Answer 1

March 2016 March, 16 và u u 4 01 Tuesday (061-305) Wk 10 6 7 8 9 13 14 15 16 20 21 22 23 27 28 29 30 6 boross profil - sale - cost of goods sold = 15,800,000 - 14,74 2009 - 1058,000 s probt maraid - grosspoon na Ratio 0 Total sales x 100 Lunch 10,58,000 x100 15800,000 1 = 6.70% (approx) - ) Total operating Expenses utility Exp. 2500 selling general and administrative 538000 Labour Exp l 3500 other fixt 4000 Eve - 548,000 "You cannot protect yourself from sadness without protecting yourself from happiness.

28 29 Wednesday 02 (062-304) Wk 10 Earnings Before Interest and Taxes (EBIT) biross proht - Tofal operating - - Interest - 10,58,000 5,48,000 = 114,000 = 5, 10,000 Earnings Before Taxes (EBT) - Earnings Before Interest and taxes 5,10,000 - s 14,000 87,000 = 4+27,000 4,23,000 Earning after taxes / Net ancome Farnings Before - Taxes Taxes T 4,23,000 6 96,000 4,27 000 - 3 31,00d 327,000 What you do, the way you think, makes you beautiful.

Tuesday (061-305) Wk 10 27 28 29 30 6 boross profil - sale - cost of goods sold - 15,800,000 - 14,74200 = 1058,000 1 - Gross proht margin- Total sales roht marain - grosspoon X Ratio 020 Lunch 10,58,000 & 15800,000 = 6.70% (approx Total operating Expenses. utility Exp. 2500 selling general and Cadiministrative 538000 Labour Exp. 3500 other Exp. 4000 548,000 You cannot protect yourself from sadness without protecting yourself from happiness.

TIJ (063-303) Wk 10 08 Total current Assets 55+9,000 49,31,000 other current Assets Account Receivable Inventory cash 84, 83,000 9115,000 13 19208,000 unch 1 Total Non-current Assets other non current Assets 9,30,000 - Long Term Inrestment 53, 19,000 property plant & 98 85.000 Equipment- Long term Intangib - 40, 65,000 2,01, 99,000 The pure and simple truth is rarely pure and never simple."

27 28 29 30 Friday 04 (064-202) w 10 Total = Assets Total current Assets t Total Non- 9 ewulent Assets 1,92,08,000 + 2,01, 99,000 = 3,9407, ovo Total cwerent Liabilities ze Accounts payable 30,82.000 other current Liabilities 59,82,000 current portion of 5,90,000 Long term Dept a hroo. Income Tax han Tax he ability (assuming not paid) a700000 Total Non ewrrent Liabilities Long term Liabilities 67,30,00 other long term u 22,40 000 - En Peace begins with a smile.

21 22 23 28 29 30 Friday 04 Total = Assets Total current Assets Total Non- 9 ewutent Assets 1,92,08,000 + 2,01, 99,000 = 3,940 7,000 Total cwerent Liabilities 0 Accounts payable 30,82,000 other current Liabilities 59,82,000 current portion of 5,90,000 Long term Deblu 96,000 by Income Tax reability - (assuming not paid) 97150,000 lunch Total Non ewerent Liabilities . Long term Liabilities 67,30,000 other long term u 22,40,000 - 89, 70,000 Eve. Peace begins with a smile.

U Saluruy (065-301) Wk 10 - facity (balay ty/balancing 2,03, 60,000 figurer Net Income 3,27,000 Total Non current 89,70,ooo. Liabilities current Liabilines 97,50000 3,94,07,000 - 2 Lunch Income Statement for the year ended 31st -Dee 2018 I Giro ss profil 10,58,000 06 Sunday C operating. Exp. 548,000 Earning Before Interest 5, 10,000 aurel V ) Interest L 87,000 Earnings before Tax 423,000 That it will never come again is what makes life so sweet

19 1920 262 26 27 28 29 30 Monday UT (067-299) Wk 11 Income mund 96,000 Earning after 327,000 Tax / Met income 4 Assuming Interest has been paid ange income Tax provision has been maa But not paid Balance Sheet during 31/12/2018 | - AS at 31st Dec 2018 Lunch Liabilities Assets Equity 20,3,60,00 Total Non Balancing figure 2,01, 99,000 coeren troin 15 Rezerve PL) Net Income 27000 assers asker Income Total 1,92,08000 10 statement current To tag on — 89ОО АВес Current Liabilities (pointNo. 6) To tal ewerent 97,50.000 te abilities (point No. 9 3,94,07,000 3,94,07,00 When someone leaves, it's because someone else is about to arrive.