Loan: other payables -XXX 10000
Borrow: 3000 yuan for fixed assets.
Credit: 3000 cash
Debit: management fee 7000.
Credit: cash 7000
Debit: The profit this year is 7,000 yuan.
Loan: management fee is 7,000 yuan.
Fill in the income statement after writing the entry:
Management fee: 7,000 yuan
Total profit: -7000
Net profit: -7000
Then in the balance sheet:
Monetary fund: ending amount = beginning amount+cash 10000.
Fixed assets: opening amount +3000
Total assets: self-total
Other payables: 10000
Total liabilities: 10000 (if there were no liabilities before)
Paid-in capital: ask the boss
Undistributed profit: closing number = opening number +(-7000)
Total owner's equity:
Total liabilities and owners' equity: (should be equal to total assets)
OK ~