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Volume 1 / Accounting Module
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Sarah Chen
SC
Volume 1 / Accounting Module
Statement of Financial Position
As of August 25, 2026
$2,454,590
ASSETS
=
$2,454,590
LIAB. + EQUITY
Balanced
CURRENT 42.8%
FIXED 57.2%
Cur. Liab 6.8%
LT Liab 10.2%
Equity 83%
ASSETS
Current Assets
Cash & Bank
$347,310
Accounts Receivable
$284,320
Inventory
$418,760
Total Current Assets
$1,050,390
Fixed Assets
Equipment (net)
$1,404,200
Total Fixed Assets
$1,404,200
TOTAL ASSETS
$2,454,590
6.1% vs Jul
LIABILITIES
Current Liabilities
Accounts Payable
$96,140
Accrued Liabilities
$48,200
VAT Payable
$21,830
Total Current Liabilities
$166,170
Long-term Liabilities
Notes Payable
$250,000
Total Long-term Liab.
$250,000
TOTAL LIABILITIES
$416,170
2.4% vs Jul
EQUITY
Common Stock
$1,200,000
Retained Earnings
$838,420
TOTAL EQUITY
$2,038,420
7.2% vs Jul
Total Liabilities + Equity ($2,454,590) matches Total Assets
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