Trial Balance

ABC Co.
As at 30 April 2020
Account Account Type 30 Apr 2020 31 Mar 2020 29 Feb 2020
Sales Revenue Revenue (15,817.45) (14,699.60) (12,465.00)
Carriage Sales Revenue (448.75) (448.75) (424.00)
Deliveroo Sales Revenue (321.85) (199.80) (93.80)
Jeebley Sales Revenue (16.25) (16.25) (16.25)
Website Sales Revenue (12,235.20) (3,632.35) (459.20)
Business to Business Sales Revenue (6,482.50) (6,260.50) (4,485.50)
Other Revenue Revenue (2,753.00) (2,753.00) (2,403.00)
Scoot Sales Revenue (5.00) (5.00) (5.00)
Sales Discount Revenue 1,306.50 1,306.50 871.50
Cost of Good Sold Direct Costs 13,161.89 7,978.59 5,166.92
Carriage Charges Direct Costs 118.02 118.02 109.08
Website Charges Direct Costs 90.20 32.90 3.15
Deliveroo charges Direct Costs 46.17 46.17 18.77
Salary & Employee Wages Expense Expense 7,660.00 6,040.00 4,420.00
Social Security Expense Expense 358.00 358.00 358.00
Indemnity Expense Expense 156.83 117.95 77.77
Employee Leave Expense Expense 313.66 235.89 155.53
Rent Expense Expense 5,465.34 4,099.01 2,732.68
Subscriptions Expenses Expense 691.56 429.29 296.59
Repairs & Maintenance expense Expense 23.25 23.25 16.00
Utility Expenses Expense 0.00 0.00 0.00
Cleaning Expenses Expense 32.64 32.64 10.64
Government Expenses Expense 480.00 480.00 0.00
Stationary expenses Expense 56.68 53.08 51.58
Advertising & Marketing Expenses Expense 4.75 4.75 0.00
Consultant Expense Expense 1,000.00 750.00 500.00
Legal expenses Expense 750.00 750.00 500.00
Delivery Expenses Expense 3,184.25 1,357.25 274.75
Other G&A Expenses Expense 64.60 52.66 42.90
Freight & Courier Expenses Expense 287.19 52.80 50.30
Event Expenses Expense 1,518.66 1,518.66 1,518.66
Uniform Expenses Expense 240.00 240.00 240.00
Bank Fees & Charges Expense 167.69 141.31 93.31
K-Net & Credit Card Charges Expense 129.69 119.79 109.88
Depreciation Expense Depreciation 2,635.76 1,979.96 1,308.76
Burgan Bank Current Account Bank 2,333.33 754.23 90.61
Boubyan Bank Current Account Bank 644.32 2,111.91 2,944.02
Cash on Hand Cash 0.00 302.40 673.60
Petty Cash - Shop Cash 0.00 76.35 174.60
Trade Receivables Current Asset 5,525.34 4,848.69 5,024.60
Inventory Current Asset 2,918.83 1,984.72 2,242.57
Advance Payment Current Asset 4,300.78 4,367.78 4,390.28
Prepaid rent Expense Prepayment 332.67 0.00 166.33
Prepaid Legal Fees Prepayment 0.00 0.00 250.00
Suspense Account Current Asset 41.00 40.00 40.00
Machinery & Equipments Fixed Asset 23,214.10 23,214.10 23,130.60
Accumulated Depreciation Machinery & Equipments Fixed Asset (14,437.21) (14,056.68) (13,664.61)
Furniture & Fixture Fixed Asset 5,680.75 5,680.75 5,680.75
Accumulated Depreciation Furniture & Fixtures Fixed Asset (2,763.53) (2,670.33) (2,574.16)
Computer & Softwares Fixed Asset 791.10 791.10 791.10
Accumulated Depreciation Computers & Softwares Fixed Asset (210.38) (197.39) (183.99)
Leasehold Improvements - Shop Fixed Asset 19,452.55 19,452.55 19,452.55
Accumulated Depreciation Leasehold improvements Fixed Asset (5,628.54) (5,459.46) (5,289.90)
Boubyan Credit Card - XX2319 Current Liability (486.83) (488.18) (50.03)
Accounts Payable Current Liability (4,371.20) (2,758.60) (3,289.15)
Employee Leave Payable Current Liability (2,240.36) (2,162.59) (2,082.23)
Accrued Salaries Current Liability (1,620.00) (1,620.00) (1,970.00)
Accrued Professional Fees Current Liability (1,150.00) (1,650.00) (1,400.00)
Accrued Rent Current Liability (4,800.01) (3,600.01) (2,400.01)
Due to Employees Current Liability (34.50) (34.50) (34.50)
End of Service Benefit Non-current Liability (1,141.94) (1,103.06) (1,062.88)
Share Capital : Partner A Equity (300.00) (300.00) (300.00)
Share Capital : Partner B Equity (300.00) (300.00) (300.00)
Share Capital : Partner C Equity (400.00) (400.00) (400.00)
Retained Earnings Equity 21,798.84 21,798.84 21,798.84
Partner Current Account : A Equity (16,797.45) (16,710.85) (18,209.02)
Partner Current Account : B Equity (32,214.99) (32,214.99) (32,214.99)
Total 0.00 0.00 0.00
31 Jan 2020
(7,361.65)
(237.25)
(66.05)
(12.00)
(210.00)
(2,205.00)
(2,403.00)
(5.00)
423.00
3,611.94
61.02
1.95
13.21
2,250.00
358.00
40.18
80.36
1,366.34
183.30
16.00
0.00
3.00
0.00
47.40
0.00
250.00
250.00
159.75
29.90
50.30
654.27
240.00
60.24
60.11
670.97
1,523.31
650.69
676.37
50.00
5,330.65
2,298.00
3,935.28
0.00
500.00
20.00
23,130.60
(13,298.04)
5,680.75
(2,484.12)
791.10
(171.45)
19,452.55
(5,121.26)
(455.96)
(2,570.40)
(2,007.06)
(2,350.00)
(1,150.00)
(1,366.34)
(34.50)
(1,025.29)
 (300.00)
(300.00)
(400.00)
21,798.84
(18,970.02)
(32,214.99)
0.00
ABC CO
Income Statement
FEB 2020 TO APR 2020

Current Period
[Start Date] to [End Date]
REVENUES
Sales Revenue ₹ -42,982.00
Sales Discount 3,485.00
Service revenue -35,541.00
Other Revenue -7,909.00
TOTAL REVENUES -82,947.00

COST OF GOODS SOLD

Cost of Good Sold 26,307.40
Salary & Employee Wages Expense 18,120.00
Indemnity Expense + Employee Leave expense 1,057.63
Depreciation Expense 5,924.48
Other G&A Expenses 160.16
TOTAL COST OF GOODS SOLD 51,569.67

GROSS PROFIT (LOSS) -134,516.67

OPERATING EXPENSES
Advertising & Marketing Expenses 9.50
Delivery Expenses & freight,courier charges 5,206.54
Bank Fees & Charges + knet & credit card charges 761.67
Subscriptions Expenses 1417.44
Stationary expenses 161.34
Uniform Expenses 720.00
Social Security Expense 1,074.00
Office Supplies -
Payroll Processing -
Postage and Delivery -
Printing and Reproduction -
Professional Services - Legal, Accounting -
Occupancy -
Rental Payments -
Salaries-Indirect -
Payroll Taxes and Benefits-Indirect -
Subcontractor -
Telephone -
Travel -
Utilities -
Website Development -
TOTAL OPERATING EXPENSES 9,350.49

OPERATING PROFIT (LOSS) -143,867.16

INTEREST (INCOME), EXPENSE & TAXES

Interest (Income) -
Interest Expense -
Income Tax Expense -
TOTAL INTEREST (INCOME), EXPENSE & TAXES -

NET INCOME (LOSS) ₹ -143,867.16