Balances Just

Accounts Debtor Creditor Must

cash and banks Q 192,123.00 Q 8,000.00

petty cash Q 800.00
real estate Q 690,425.00
machinery Q 375,700.00
organizational expenses Q 25,900.00
clients Q 38,600.00
advanced insurance Q 27,600.00
raw material Q 80,523.00
articles in process A 45,210.00
finished articles Q 56,735.00
direct labor Q 82,678.00
indirect labor Q 67,305.00
office salaries Q 96,784.00
sales room salaries Q 75,430.00
bonification incentive factory Q 24,000.00
office incentive bonus Q 18,000.00
sales room incentive bonus Q 15,000.00
authorized capital Q 400,000.00
VAT to be collected Q 5,670.00
raw material purchases Q 145,630.00
proveedores Q 37,015.00
spare parts and accessories Q 8,540.00
sales Q 1,425,919.12
rents collected Q 23,120.00 Q 8,670.00
long-term mortgages Q 200,000.00 Q 60,000.00
expenses regarding raw material purchases Q 8,596.00
shares to be subscribed Q 40,000.00
dev and reb on sales Q 5,760.00
interest expense Q 22,542.00
Accumulated Depreciation Buildings Q 24,164.88
Accumulated depreciation machinery Q 51,209.00
Accumulated amortization of organization expenses Q 5,180.00
Dev and reb. About raw material purchases Q 6,120.00
VAT payable Q 3,540.00 Q 3,540.00
fines and surcharges Q 12,764.00
legal reserve Q 14,864.00
Quarterly ISR to be credited Q 22,445.00
ISO to be accredited Q 10,380.00 Q 3,460.00
Withheld ISR Q 4,008.00
Depreciacion edificio fabrica Q 10,174.69
depreciation buildings sales room Q 7,631.01
depreciation of office buildings Q 6,359.18
depreciation of machinery Q 56,329.90
Amortization of organizational expenses Q 5,180.00
expired factory insurance Q 9,660.00
expired insurance sales room Q 6,440.00
consumed spare parts and accessories Q 5,725.00
rents collected in advance
share subscribers
reserve for compensation Q 344,428.00
office compensation
compensation sales room

Short-term mortgages
ISO to pay

Q 2,195,140.00 Q 2,195,140.00 Q 535,597.78

Q - Q -
stes Adjusted Balances
News Debtor Creditor

Q 200,123.00
Q 800.00
Q 690,425.00
Q 375,700.00
Q 25,900.00
Q 38,600.00
Q 16,100.00 Q 11,500.00
Q 80,523.00
Q 45,210.00
Q 56,735.00
Q 82,678.00
Q 67,305.00
Q 96,784.00
Q 75,430.00
Q 24,000.00
Q 18,000.00
Q 15,000.00
Q - Q 400,000.00
Q 3,540.00 Q 2,130.00 Q -
Q 145,630.00 Q -
Q - Q 37,015.00
Q 5,725.00 Q 2,815.00 Q -
Q - Q 1,425,919.12
Q 14,450.00
Q 140,000.00
Q 8,596.00 Q -
Q 40,000.00 Q -
Q 5,760.00
Q 22,542.00
Q 24,164.88 Q 48,329.76
Q 56,329.90 Q 107,538.90
Q 5,180.00 Q 10,360.00
Q - Q 6,120.00

Q 12,764.00
Q - Q 14,864.00
Q 22,445.00
Q 13,840.00
Q - Q 4,008.00
Q 10,174.69
Q 7,631.01
Q 6,359.18
 Q 56,329.90
Q 5,180.00
Q 9,660.00
Q 6,440.00
Q 5,725.00
Q 8,670.00 Q 8,670.00
Q 8,000.00 Q 8,000.00
Q 344,428.00
Q 193,568.00 Q 193,568.00
Q 150,860.00 Q 150,860.00
Q -
Q -
Q -
Q -
Q -
Q 60,000.00 Q 60,000.00
Q 3,460.00 Q 3,460.00
Q -
Q 535,597.78 Q 2,633,162.78 Q 2,633,162.78

-Q 0.00
 Balances Ajus
Accounts Debtor Creditor Must

cash and banks Q 192,123.00 Q 6,000.00

petty cash Q 800.00
real estate Q 690,425.00
machinery Q 375,700.00 Q 80,740.00
organizational expenses Q 25,900.00
clients Q 38,600.00
advance insurance Q 27,600.00
raw material Q 80,523.00
articles in process Q 45,210.00
finished articles Q 56,735.00
direct labor Q 82,678.00
indirect labor Q 67,305.00
office salaries Q 96,784.00
sales room salaries Q 75,430.00
bonus incentive factory Q 24,000.00
office incentive bonus Q 18,000.00
sales room incentive bonus Q 15,000.00
authorized capital Q 400,000.00
VAT receivable Q 5,670.00 Q 9,688.80
raw material purchases Q 145,630.00
suppliers Q 37,015.00
spare parts and accessories Q 8,540.00
sales Q 1,425,919.12
rents collected Q 23,120.00 Q 5,780.00
long-term mortgages Q 200,000.00 Q 60,000.00
expenses for raw material purchases Q 8,596.00
shares to be subscribed Q 40,000.00
dev and reb about sales Q 5,760.00
interest expense Q 22,542.00
Accumulated Depreciation Buildings Q 24,164.88
Accumulated depreciation machinery Q 51,209.00 Q 23,600.00
Accumulated amortization of organizational expenses Q 5,180.00
Dev and reb. About raw material purchases Q 6,120.00
VAT payable Q 3,540.00 Q 8,940.00
fines and surcharges Q 12,764.00
legal reserve Q 14,864.00
Quarterly ISR to be credited Q 22,445.00
ISO to be accredited Q 10,380.00 Q 3,460.00
Withheld income tax Q 4,008.00
Depreciation of factory building Q 10,174.69
depreciation of sales room buildings Q 7,631.01
depreciation of office buildings Q 6,359.18
depreciation of machinery Q 56,329.90
Amortization of organizational costs Q 5,180.00
expired factory insurance Q 9,660.00
expired insurance sales room Q 6,440.00
consumed spare parts and accessories Q 5,725.00
rents collected in advance
share subscribers Q 8,000.00
provision for compensation Q 31,312.17
compensation office
sales room compensation
factory compensation
Income tax on capital gains Q 860.00
Short-term payables
long-term accounts payable
Capital gain
Short-term mortgages
amount to be paid
Summing production cost accounts
Production Cost
Sum results accounts
Ganancia antes del impuesto y reserva

Q 2,195,140.00 Q 2,195,140.00 Q 345,880.75

steps Adjusted Balances Production cost State of R
News Debtor Creditor Should news loss

Q 18,388.80 Q 179,734.20
Q 800.00
Q 690,425.00
Q 60,000.00 Q 396,440.00
Q 25,900.00
Q 38,600.00
Q 16,100.00 Q 11,500.00
Q 80,523.00 Q 80,523.00 Q 72,190.00
Q 45,210.00 Q 45,210.00 Q 36,940.00
Q 56,735.00 Q 56,735.00
Q 82,678.00 Q 82,678.00
Q 67,305.00 Q 67,305.00
Q 96,784.00 Q 96,784.00
Q 75,430.00 Q 75,430.00
Q 24,000.00 Q 24,000.00
Q 18,000.00 Q 18,000.00
Q 15,000.00 Q 15,000.00
Q 400,000.00
Q 8,940.00 Q 6,418.80
Q 145,630.00 Q 145,630.00
Q 37,015.00
Q 5,725.00 Q 2,815.00 Q -
Q 1,425,919.12
Q 17,340.00
Q 140,000.00
Q 8,596.00 Q 8,596.00
Q 14,000.00 Q 26,000.00
Q 5,760.00 Q 5,760.00
Q 22,542.00 Q 22,542.00
Q 24,164.88 Q 48,329.76
Q 56,329.90 Q 83,938.90
Q 5,180.00 Q 10,360.00
Q 6,120.00 Q 6,120.00
Q 5,400.00
Q 12,764.00 Q 12,764.00
Q 14,864.00
Q 22,445.00
Q 13,840.00
Q 4,008.00
Q 10,174.69 Q 10,174.69
Q 7,631.01 Q 7,631.01
Q 6,359.18 Q 6,359.18
 Q 56,329.90 Q 56,329.90
Q 5,180.00 Q 5,180.00
Q 9,660.00 Q 9,660.00
Q 6,440.00 Q 6,440.00
Q 5,725.00 Q 5,725.00
Q 5,780.00 Q 5,780.00
Q 8,000.00
Q 31,312.17
Q 9,405.79 Q 9,405.79 Q 9,405.79
Q 7,330.54 Q 7,330.54 Q 7,330.54
Q 14,575.84 Q 14,575.84 Q 14,575.84
Q 860.00
Q 18,000.00 Q 18,000.00
Q 4,500.00 Q 4,500.00
Q 7,740.00 Q 7,740.00
Q 60,000.00 Q 60,000.00
Q 3,460.00 Q 3,460.00
Q 550,407.43 Q 115,250.00
Q 435,157.43 Q 435,157.43
Q 780,518.95
Q 730,890.17

Q 345,880.75 Q 2,318,686.95 Q 2,318,686.95 Q 550,407.43 Q 550,407.43 Q 1,511,409.12

Results Balance Sheet
profit active passive

Q 179,734.20
Q 800.00
Q 690,425.00
Q 396,440.00
Q 25,900.00
Q 38,600.00
Q 11,500.00
Q 72,190.00
Q 36,940.00
Q 60,410.00 Q 60,410.00

Q 400,000.00
Q 6,418.80

Q 37,015.00
Q 2,815.00
Q 1,425,919.12
Q 17,340.00
Q 140,000.00

Q 26,000.00

Q 48,329.76
Q 83,938.90
Q 10,360.00

Q 14,864.00
Q 22,445.00
Q 13,840.00
Q 4,008.00
 Q 5,780.00
Q 8,000.00
Q 31,312.17

Q 18,000.00
Q 4,500.00
Q 7,740.00
Q 60,000.00
Q 3,460.00

Q 1,511,409.12

Q 1,511,409.12