Ali Babas Corporation

Financial Position
As on 28, 2012

Assets
Non Current Assets
Building Automobiles Land

Rs.
95,000 272,000 89,000

Rs.

Rs.
456,000 500,000

Short Term Investments

Current Assets
Accounts Receivable Prepaid Expenses Supplies Cash 210,000 100,000 28,000 169,000 507,000

Total Assets Owners Equity&Liab Owners Equity

Capital Stock Retained Earnings 282,000 208,000

1463,000

490,000

Current Liab
Bank Overdraft Income Tax Payable Accounts Payable Notes Payable Trade Creditors Accrued Expenses 300,000 200,000 48,000 325,000 50,000 50,000

973,000

Total Owners Equity&Liab

1463,000