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    Jacen Co.: Comparative Balance Sheet

    Uploaded by

    nina pascual
    The JACEN Co. comparative balance sheet shows the company's assets, liabilities, and equity from October 31, 2020 to September 30, 2020. Total assets increased from $3,294,473.32 to $3,780,445.90 over this period. Current liabilities rose from $900,088.10 to $1,134,829.40. Total equity also increased from $1,194,385.22 to $1,445,616.50 between the two periods.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Jacen Co.: Comparative Balance Sheet

    Uploaded by

    nina pascual
    43 views4 pages
    The JACEN Co. comparative balance sheet shows the company's assets, liabilities, and equity from October 31, 2020 to September 30, 2020. Total assets increased from $3,294,473.32 to $3,780,445.90 over this period. Current liabilities rose from $900,088.10 to $1,134,829.40. Total equity also increased from $1,194,385.22 to $1,445,616.50 between the two periods.

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    Original Title

    COMPARATIVE-BALANCE-SHEET-JUNE-OCT (1).xlsx

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    The JACEN Co. comparative balance sheet shows the company's assets, liabilities, and equity from October 31, 2020 to September 30, 2020. Total assets increased from $3,294,473.32 to $3,780,445.90 over this period. Current liabilities rose from $900,088.10 to $1,134,829.40. Total equity also increased from $1,194,385.22 to $1,445,616.50 between the two periods.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    43 views4 pages

    Jacen Co.: Comparative Balance Sheet

    Uploaded by

    nina pascual
    The JACEN Co. comparative balance sheet shows the company's assets, liabilities, and equity from October 31, 2020 to September 30, 2020. Total assets increased from $3,294,473.32 to $3,780,445.90 over this period. Current liabilities rose from $900,088.10 to $1,134,829.40. Total equity also increased from $1,194,385.22 to $1,445,616.50 between the two periods.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 4

    JACEN Co.

    Comparative Balance Sheet

    OCTOBER 31,2020 SEPTEMBER 30,2020


    ASSET

    Current Assets
    Total Cash 1,594,594.25 784,130.00
    Total Receivable 337,685.00 473,760.00
    Prepaid Insurance 11,666.65 13,333.32
    Office Supplies 4,000.00 4,000.00
    Total Current Assets 1,947,945.90 1,275,223.32

    Inventory Assets
    Inventory A 175,000.00 350,000.00
    Total Inventory Assets 175,000.00 350,000.00

    Capital Assets
    Net - Furniture & Fixtures 163,333.35 164,666.68
    Net - Office Equipment 269,166.65 274,583.32
    Net - Building 975,000.00 980,000.00
    Land 250,000.00 250,000.00
    Total Capital Assets 1,657,500.00 1,669,250.00

    TOTAL ASSET 3,780,445.90 3,294,473.32

    LIABILITY

    Current Liabilities
    Accounts Payable 525,000.00 350,000.00
    Unearned Research Revenues 0.00 0.00
    24% Notes Payable 400,000.00 400,000.00
    SSS Employer Contribution Payable 2,200.00 1,585.00
    PhilHealth Employer Contri. Payable 405.00 292.50
    Pag-IBIG Employer Contri. Payable 200.00 150.00
    Employee 13th Month Pay Payable 13,250.00 5,500.00
    Employee Bonus Payable 26,774.40 11,060.60
    Interest Payable 140,000.00 112,000.00
    Salaries Payable 21,000.00 13,500.00
    Wages Payable 6,000.00 6,000.00
    Total Current Liabilities 1,134,829.40 900,088.10

    Long Term Liabilities


    20% Notes Payable 1,200,000.00 1,200,000.00
    Total Long Term Liabilities 1,200,000.00 1,200,000.00

    TOTAL LIABILITY 2,334,829.40 2,100,088.10

    EQUITY

    Partners' Equity
    Bausing, Capital (Net) 234,049.99 264,049.99
    Guanlao, Capital (Net) 82,025.00 112,025.00
    Lazaro, Capital (Net) 132,700.00 162,700.00
    Pascual, Capital (Net) 82,025.00 112,025.00
    Velilla, Capital (Net) 132,700.00 162,700.00
    Current Earnings 782,116.51 380,885.23
    Total Partners' Equity 1,445,616.50 1,194,385.22

    TOTAL EQUITY 1,445,616.50 1,194,385.22

    LIABILITIES AND EQUITY 3,780,445.90 3,294,473.32

    Generated On: 09/02/2021


    .
    et

    % change

    103.36
    (28.72)
    (12.50)
    0.00
    52.75

    (50.00)
    (50.00)

    (0.81)
    (1.97)
    (0.51)
    0.00
    (0.70)

    14.75

    50.00
    0.00
    0.00
    38.80
    38.46
    33.33
    140.91
    142.07
    25.00
    55.56
    0.00
    26.08

    0.00
    0.00

    11.18

    (11.36)
    (26.78)
    (18.44)
    (26.78)
    (18.44)
    105.34
    21.03

    21.03

    14.75

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