The Shekion Computer World Balance Sheet provides a detailed financial overview as of October 31, 2025. It includes total assets amounting to 34,711,682.41, with significant current and fixed assets. Current liabilities total 8,260,345.17, indicating the company’s short-term financial obligations. This balance sheet is essential for stakeholders assessing the company’s financial health and performance. It serves as a crucial tool for financial analysis and decision-making.

Key Points

  • Total assets of Shekion Computer World amount to 34,711,682.41 as of October 31, 2025.
  • Current liabilities are reported at 8,260,345.17, reflecting short-term financial obligations.
  • The balance sheet includes detailed accounts receivable and merchandise inventory values.
  • Accumulated depreciation for fixed assets is clearly outlined, providing insight into asset valuation.
Weizdanjoy Parang
2 pages
Language:English
Type:Report
Personal Finance
Weizdanjoy Parang
2 pages
Language:English
Type:Report
Personal Finance
131
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Balance Sheet Shekion Computer World 13 Nov 2025 Page 1 of 2
Balance Sheet
Shekion Computer World
As at 31 October 2025
31 OCT 2025
Assets
Bank
Oriental Bank 5,710,023.10
Petty Cash Fund 24,960.00
Total Bank 5,734,983.10
Current Assets
Accounts Receivable 1,651,445.98
Merchandise Inventory 4,612,470.00
Office Supplies 15,000.00
Prepaid Insurance 22,000.00
Total Current Assets 6,300,915.98
Fixed Assets
Acc. Dep. - Office Equipment (1,666.67)
Acc. Dep. Furniture & Fixture (3,500.00)
Acc. Depreciation Building (16,000.00)
Acc. Depreciation Landscaping (800.00)
Accumulated Depreciation - Delivery Equipment (2,250.00)
Building 10,000,000.00
Delivery Equipment 300,000.00
Furniture & Fixture 250,000.00
Land 12,000,000.00
Landscaping 50,000.00
Office Equipment 100,000.00
Total Fixed Assets 22,675,783.33
Total Assets 34,711,682.41
Liabilities
Current Liabilities
Accounts Payable 6,688,144.00
Loan Payable 1,975,511.10
Pag-Ibig Payable 5,600.00
PhilHealth Payable 6,700.00
Salary Payable 128,900.00
Sales Tax (553,309.93)
SSS Payable 8,800.00
Total Current Liabilities 8,260,345.17
Total Liabilities 8,260,345.17
Net Assets
26,451,337.24
Equity
Balance Sheet
31 OCT 2025
Balance Sheet Shekion Computer World 13 Nov 2025 Page 2 of 2
Current Year Earnings 451,337.24
SZ, Capital 26,000,000.00
Total Equity 26,451,337.24
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FAQs

What are the total assets of Shekion Computer World as of October 31, 2025?
As of October 31, 2025, the total assets of Shekion Computer World amount to 34,711,682.41. This total includes various categories such as current assets, which total 6,300,915.98, and fixed assets, which amount to 22,675,783.33. The breakdown of these assets includes cash, accounts receivable, merchandise inventory, and fixed assets like buildings and equipment.
What liabilities does Shekion Computer World have as of October 31, 2025?
Shekion Computer World has total liabilities of 8,260,345.17 as of October 31, 2025. This includes current liabilities such as accounts payable at 6,688,144.00, a loan payable of 1,975,511.10, and other obligations like Pag-Ibig, PhilHealth, and SSS payables. The liabilities indicate the company's financial obligations that need to be settled.
What is the net asset value for Shekion Computer World as of October 31, 2025?
The net asset value for Shekion Computer World as of October 31, 2025, is 26,451,337.24. This figure is calculated by subtracting total liabilities from total assets, highlighting the company's equity position. The net assets reflect the company's financial health and its ability to cover its liabilities.
What are the current year earnings reported for Shekion Computer World?
The current year earnings reported for Shekion Computer World as of October 31, 2025, are 451,337.24. This figure represents the profit generated by the company during the current financial year, contributing to the overall equity of the business.
How much is the total equity of Shekion Computer World as of October 31, 2025?
The total equity of Shekion Computer World as of October 31, 2025, is 26,451,337.24. This amount includes the current year earnings and the capital contributed, which is listed as 26,000,000.00. The equity reflects the ownership interest in the company after all liabilities have been accounted for.

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