Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas, auris placerat eleifend leo. Quisque sit amet est et sapie Pellentesque habitant morbi tristique fames ac turpis egestas. Vestibulum tortor quam, feugiat vitae, ultricies eget, tempor sit amet, ante.
Dec 31, 13 | |||||||
ASSETS | |||||||
Current Assets | |||||||
Chequing/Savings | |||||||
Chequing | 164,544.33 | ||||||
Total Chequing/Savings | 164,544.33 | ||||||
Accounts Receivable | |||||||
Accounts Receivable - AUD | 1,776.00 | ||||||
Accounts Receivable - EUR | 1,776.00 | ||||||
Accounts Receivable - JPY | 3,552.00 | ||||||
Accounts Receivable | 14,912.93 | ||||||
Total Accounts Receivable | 22,016.93 | ||||||
Other Current Assets | |||||||
Undeposited Funds | 4,500.00 | ||||||
Total Other Current Assets | 4,500.00 | ||||||
Total Current Assets | 191,061.26 | ||||||
Fixed Assets | |||||||
Property Plant & Equipment | |||||||
Computer Equipment | |||||||
Cost | 7,117.20 | ||||||
Total Computer Equipment | 7,117.20 | ||||||
Computer Software | |||||||
Cost | 800.00 | ||||||
Total Computer Software | 800.00 | ||||||
Office Equipment | |||||||
Cost | 50,269.68 | ||||||
Total Office Equipment | 50,269.68 | ||||||
Total Property Plant & Equipment | 58,186.88 | ||||||
Total Fixed Assets | 58,186.88 | ||||||
TOTAL ASSETS | 249,248.14 | ||||||
LIABILITIES & EQUITY | |||||||
Liabilities | |||||||
Current Liabilities | |||||||
Accounts Payable | |||||||
Accounts Payable | 39,163.85 | ||||||
Total Accounts Payable | 39,163.85 | ||||||
Credit Cards | |||||||
Credit Cards | |||||||
MasterCard | 3,419.98 | ||||||
Visa | 4,755.00 | ||||||
Total Credit Cards | 8,174.98 | ||||||
Total Credit Cards | 8,174.98 | ||||||
Other Current Liabilities | |||||||
GST/HST Payable | 11,435.72 | ||||||
Payroll Liabilities | 25,716.90 | ||||||
PST Payable | 624.00 | ||||||
Total Other Current Liabilities | 37,776.62 | ||||||
Total Current Liabilities | 85,115.45 | ||||||
Long Term Liabilities | |||||||
Term Loan | 21,000.00 | ||||||
Total Long Term Liabilities | 21,000.00 | ||||||
Total Liabilities | 106,115.45 | ||||||
Equity | |||||||
Retained Earnings | -53,227.70 | ||||||
Net Income | 196,360.39 | ||||||
Total Equity | 143,132.69 | ||||||
TOTAL LIABILITIES & EQUITY | 249,248.14 | ||||||