BGA1 Student Template 308(1).1.7-01, 03-07 Budget Task 1

Company A Selling price: 100 Balance Sheet December 31, Year 10 Assets 0.08 Current Assets: Factory Building Amortization Table Running Balance Cash 62460 Payment Interest Principal 240000.00 Accounts Receivable 228000 1 6,038.57 4,800.00 1,238.57 238,761.43 Inventories: 2 6,038.57 4,775.23 1,263.34 237,498.09 Finished Goods 44800 3 6,038.57 4,749.96 1,288.61 236,209.48 Raw Materials 16236 4 6,038.57 4,724.19 1,314.38 234,895.10 5 6,038.57 4,697.90 1,340.67 233,554.44 Prepaid Expenses 27000 6 6,038.57 4,671.09 1,367.48 232,186.95 Total Current Assets 378496 7 6,038.57 4,643.74 1,394.83 230,792.12 8 6,038.57 4,615.84 1,422.73 229,369.40 Property, Plant, and Equipment: 9 6,038.57 4,587.39 1,451.18 227,918.22 Factory Building 430000 10 6,038.57 4,558.36 1,480.20 226,438.01 Machinery 240000 11 6,038.57 4,528.76 1,509.81 224,928.20 Less Accumulated Depreciation -72000 598000 12 6,038.57 4,498.56 1,540.01 223,388.20 Total Assets 976496 13 6,038.57 4,467.76 1,570.81 221,817.39 14 6,038.57 4,436.35 1,602.22 220,215.17 Liabilities 15 6,038.57 4,404.30 1,634.27 218,580.90 Current Liabilities: