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Market Vendors Association of Aringay

The Market Vendors Association of Aringay had total assets of 162,518 as of December 31, 2012, including cash, accounts receivable, and fixed assets. It had current liabilities of 150,000 in loans payable. For the year ended December 31, 2012, the association had net income of 110,657 from interest income of 159,150 less expenses of 48,493.

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40 views2 pages

Market Vendors Association of Aringay

The Market Vendors Association of Aringay had total assets of 162,518 as of December 31, 2012, including cash, accounts receivable, and fixed assets. It had current liabilities of 150,000 in loans payable. For the year ended December 31, 2012, the association had net income of 110,657 from interest income of 159,150 less expenses of 48,493.

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MARKET VENDORS ASSOCIATION OF ARINGAY

BALANCE SHEET
As of December 31, 2012
ASSETTS
Current Assets:
Cash on Hand
Cash in Bank
Accounts Receivable
Total Current Assets

4,
10,
142,
156,

Fixed Assets:
Speaker with Accessories
TOTAL ASSETS

379.04
458.96
080.00
918.00

162, 518.00

LIABILITIES AND NET WORTH


Current Liabilities:
Loans Payable

150,000.00

NET WORTH
Net worth
January 1, 2012
Add: Net Income
Total:
Less: Withdrawals
TOTAL NET WORTH, Dec. 31, 2012
TOTAL LIABILITIES AND NET WORTH

151, 861.00
110, 657.00
262, 518.00
250,000.00
12, 518.00
162, 518.00

MARKET VENDORS ASSOCIATION OF ARINGAY


INCOME STATEMENT
For the year ended December 31, 2012

Income:
Interest Income
Less: Expenses
NET INCOME FOR THE YEAR:

159, 150.00
48, 493.00
110, 657.00

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