01. Balance Sheet Sample

01. Balance Sheet Sample

Opening As of December 2024

ASSETSAmount (SGD)
Current Assets
Cash and Cash Equivalents (Note 1)25,000
Accounts Receivable (Note 2)18,000
Inventory12,500
Prepaid Expenses1,500
Total Current Assets57,000
Non-Current Assets
Property, Plant & Equipment150,000
Less: Accumulated Depreciation-30,000
Intangible Assets (e.g., Software)10,000
Total Non-Current Assets130,000
TOTAL ASSETS187,000
LIABILITIES & EQUITYAmount (SGD)
Current Liabilities
Accounts Payable (Note 3)20,000
Accrued Expenses5,000
Short-term Loans15,000
Total Current Liabilities40,000
Non-Current Liabilities
Long-term Loan50,000
Total Non-Current Liabilities50,000
Equity
Share Capital50,000
Retained Earnings47,000
Total Equity97,000
TOTAL LIABILITIES & EQUITY187,000

Notes:

(1) Cash and Cash Equivalents - 25,000
BankDetailsBalance (SGD)
CashCash on hand4,000
UOB SGDBank Balance19,000
Unpresented Cheque - XYZ TRADING3,000
UOB USDUSD3,846.155,000

(2)Accounts Receivable - 18,000
CustomerInvoice/Credit NoteAmount (SGD)
C901 XYZ PTE LTDInv No. 202412547 dated 17/12/202410,000
C902 UV TRADINGInv No. 202412492 dated 05/12/20243,000
C903 WONDER TRADINGInv No. 202411654 dated 29/11/20246,000
C903 WONDER TRADINGCN No. 202412906 dated 23/12/20241,000 (CR)

(3)Accounts Payable - 20,000
SupplierInvoice/Credit NoteAmount(SGD)
S901 XYZ TradingInv No.Inv24671 dated 27/12/202411,000
S902 Wellness Pte LtdInv No.2024-9871 dated 24/12/20249,000


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