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Appendix a 2019 Cash Transactions for Pierres Cupcake Shoppe

Beginning Cash Balance 0

CASH INFLOWS

Initial investment 50,000

Cash from customers 410,000

Borrowed cash from the bank 470,000

Total Cash Inflows (receipts) 930,000

CASH OUTFLOWS

Purchased store (no landjust the store) 500,000

Purchase of equipment 21,000

Purchase of furniture 11,000

Interest paid to bank (11 months) 25,850

Cash paid to vendors for baking and other supplies 280,000

Cash paid to Pierre for his salary 40,000

Cash paid to you (investor) 5,000

Total Cash Outflows (disbursements) 882,850

ENDING CASH BALANCE 47,150

APPENDIX B 2019 Cash Transactions for Maries Cupcake Bakery

Beginning Cash Balance 0

CASH INFLOWS

Initial investment 75,000

Cash from customers 550,000

Total Cash Inflows (receipts) 625,000

CASH OUTFLOWS

Purchase of equipment 24,000 Purchase of delivery truck 30,000

Cash paid to vendors for baking and other supplies 480,000

Cash paid to Marie for her salary 40,000

Rent payments (15 months) 21,000

Total Cash Outflows (disbursements) 595,000

ENDING CASH BALANCE 30,000

Income Statement In Euro Pierre's Cupcake Shoppe Marie's Cupcake Bakery In Euro Pierre's Cupcake Shoppe Current Liabilities Pierre's Cupcake Shoppe Income Assets: Collection 410,000.00 610,000.00 Bank Balance Sheet Pierre's Cupcake Marie's Cupcake Shoppe Bakery Current Assets Liabilities: Outstanding Bank 47,150.00 30,000.00 Interest 100.00 10,000.00 Trade Payable Total Current 50,000.00 Liabilities 8,200.00 Liabilities: 2,350.00 Expense Closing Stock 25,000.00 Salary 40,000.00 40,000.00 Debtors 2,350.00 25,000.00 Purchase 279,900.00 495,000.00 Prepaid Rent Non - current Liabilities Interest on Loan 28,200.00 Total Current Asset 47,250.00 98,200.00 470,000.00 Long Term Loan- Store Total Non-current Liabilities Depreciation 27,667.00 22,000.00 Assets: Non-current Assets 470,000.00 Dividend 5,000.00 Equipment 21,000.00 Equity Share Capital Bad Debt 10,000.00 Furniture 12,000.00 Owner's Equity: 5000 share* 10 (each) 10000 share*7.5 (each) 50,000.00 Rent 12,800.00 Store Building 483,333.00 75,000.00 Total Expense 380,767.00 579,800.00 Delivery Truck 20,000.00 Retained Earning 29,233.00 30,200.00 Profit/Lost 29,233.00 30,200.00 Total Non-current Assets 504,333.00 32,000.00 Total Owner's Equity 79,233.00 105,200.00 Total Assets 551,583.00 130,200.00 Total Liabilities & Owner's Equity 551,583.00 130,200.00