30810137d58f76b84afd 2024-01-01 2024-12-31 30810137d58f76b84afd 2024-12-31 30810137d58f76b84afd 2023-12-31 30810137d58f76b84afd 2024-12-31 30810137d58f76b84afd 2023-01-01 2023-12-31 30810137d58f76b84afd 2022-12-31 30810137d58f76b84afd 2022-01-01 2022-12-31 30810137d58f76b84afd 2021-12-31 30810137d58f76b84afd 2021-01-01 2021-12-31 30810137d58f76b84afd 2020-12-31 30810137d58f76b84afd 2020-01-01 2020-12-31 30810137d58f76b84afd 2019-12-31 30810137d58f76b84afd 2019-01-01 2019-12-31 30810137d58f76b84afd ekg:Key176 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key177 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key178 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key179 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key180 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key181 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key182 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key183 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key184 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key185 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key186 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key187 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key188 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key189 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key190 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key191 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key192 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key193 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key194 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key195 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key211 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key196 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key197 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key198 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key203 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key204 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key205 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key206 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key207 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key208 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key209 2024-01-01 2024-12-31 30810137d58f76b84afd ekg:Key210 2024-01-01 2024-12-31 30810137d58f76b84afd lead:PreparedByClientMember 2024-01-01 2024-12-31 30810137d58f76b84afd lead:AdjustmentsMember 2024-01-01 2024-12-31 30810137d58f76b84afd lead:PreparedByClientMember 2024-12-31 30810137d58f76b84afd lead:AdjustmentsMember 2024-12-31 30810137d58f76b84afd lead:PreparedByClientMember 2023-12-31 30810137d58f76b84afd lead:AdjustmentsMember 2023-12-31 iso4217:USD 0 10850 0 2700 900 1000 400 1000 10000 2050 0 0 0 0 0 0 0 0 0 0 0 8000 2000 2050 10000 10000 0 8000 5000 1000 550 150 7000 1000 1000 8000 0 0 2000 300 100 0 7000 1000 0 150 8000 2000 0 8000 5300 0 100 150 0 400 2700 100 2600 -150 2450 0 0 0 0 0 0 10850 0 0 0 0 0 2700 0 0 1000 1000 100 1000 0 0 1000 1000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ABC Company operates a pop up lemonade stand. These financial statements are presented using the MINI financial reporting scheme using US dollars. Cash and cash equivalents consists of a bank demand deposit. Accounts receivable are extended to all customers. Bad debts are written off after 90 days. Inventory consists of lemons and is values at the lower of cost or market value using the FIFO method. Property, plant, and equipment consists of refrigeration equipment that is depreciated over five years using the straight line method. Revenues is recognized when earned using accrual accounting. Accounts payable consists of invoices received from suppliers which have not been paid as of the balance sheet date. Long term debt consists of a note payable with a local bank secured by the equipment financed. 13550 900 14450 1400 1000 2400 12050 14450 0 0 0 0 0 0 0 0 1000 10850 -1000 10850 1000 9000 850 0 2700 900 1000 1000 2050 8000 5300 0 150 100 0 400 0 0 0 0 0 0 0 0 0 0 -2050 10000 400 0 0 0 14450 13550 900 2400 1400 1000 12050 0 12050 14450 8000 5300 2700 100 0 2600 -150 2450 400 2050 0 2050 2050 0 0 2050 0 2050 2050 0 1000 0 1000 -1000 0 -1000 10850 0 10850 10850 0 0 10850 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JE-201 JE-201 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 30810137d58f76b84afd | http://standards.iso.org/iso/17442 JE-202 JE-202 JE-203 JE-203 JE-204 JE-204 JE-205 JE-205 JE-206 JE-206 JE-206 JE-206 JE-207 JE-207 JE-208 JE-208 JE-209 JE-209 JE-209 JE-209 JE-210 JE-210 JE-223 JE-223 JE-224 JE-224 JE-225 JE-225 JE-226 JE-226 2024-01-01 2024-01-01 2024-01-02 2024-01-02 2024-01-05 2024-01-05 2024-01-10 2024-01-10 2024-01-15 2024-01-15 2024-01-16 2024-01-16 2024-01-16 2024-01-16 2024-01-20 2024-01-20 2024-01-21 2024-01-21 2024-01-25 2024-01-25 2024-01-25 2024-01-25 2024-01-24 2024-01-24 2024-01-28 2024-01-28 2024-01-28 2024-01-28 2024-01-28 2024-01-28 2024-01-29 2024-01-29 mini:CashAndCashEquivalents mini:PaidInCapital mini:CashAndCashEquivalents mini:LongtermDebt mini:PropertyPlantAndEquipment mini:CashAndCashEquivalents mini:Inventories mini:AccountsPayable mini:CostsOfSales mini:AccountsPayable mini:Receivables mini:Sales mini:CostsOfSales mini:Inventories mini:CashAndCashEquivalents mini:Receivables mini:AccountsPayable mini:CashAndCashEquivalents mini:LongtermDebt mini:CashAndCashEquivalents mini:CashAndCashEquivalents mini:AccruedExpenses mini:InterestExpense mini:AccruedExpenses mini:CostsOfSales mini:Inventories mini:DepreciationAndAmortization mini:PropertyPlantAndEquipment 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mini:DecreaseFromDepreciationAndAmortization mini:PropertyPlantAndEquipmentWrittenOff mini:NetIncomeLoss mini:NetIncomeLoss mini:InterestAccrued 10000 -10000 2000 -2000 1000 -1000 5000 -5000 3000 -3000 8000 -8000 2000 -2000 8000 -8000 7000 -7000 1000 -1000 -150 150 150 -150 300 -300 100 -100 0 0 400 -400 iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD iso4217:USD Investment by owner to open a lemonade stand. Investment by owner to open a lemonade stand. Long term borrowing to purchase refrigerator. Long term borrowing to purchase refrigerator. Purchase of refrigerator using cash from additional borrowings. Purchase of refrigerator using cash from additional borrowings. Purchase of lemons to put intoinventory on account. Purchase of lemons to put intoinventory on account. Payment for contractor to work the lemonade stand. Payment for contractor to work the lemonade stand. Sales on account. Sales on account. Costs related to sales on account. Costs related to sales on account. Collection of accounts receivable. Collection of accounts receivable. Payment of accounts payable. Payment of accounts payable. Payment of long term debt including accrued interest. Payment of long term debt including accrued interest. Payment of long term debt including accrued interest. Payment of long term debt including accrued interest. Accrual of interest on debt. Accrual of interest on debt. Closing entry. Inventory write offs, adjust to physical. Closing entry. Inventory write offs, adjust to physical. Closing entry. Depreciation and amortization expensed. Closing entry. Depreciation and amortization expensed. Closing entry. Write of of PPE. Closing entry. Write of of PPE. Closing entry. Book taxes. Closing entry. Book taxes. 8000 8000 0 0 5300 5300 0 0 0 0 0 0 150 150 0 0 100 100 0 0 0 0 0 0 400 400 0 0 1000 9000 850 10850 0 0 0 0 0 0 0 0 0 0 2700 2700 900 900 0 0 1000 1000 0 0 1000 1000 0 0 2050 2050 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 400 0 0 0 400 0 0 0 10000 0 0 0 10000 0 0 0