I added some additional books to my doubling inventory. I count that each book has a value of 10 HRK and accounted for that value my Inventory. After that, I sold 7 books on online auction, and for one book the auction is still going on. In total, I moved 8 books from Inventory to Accounts receivable. I sold one book for 20 HRK, 6 for 25 HRK and one is currently at 22 HRK price (the one with auction still going on). I also earned 52 HRK as interest because I borrowed from My Doubling Adventure. We were shopping at the mall and one store didn't have POS terminal and accepted only cash. So I borrowed from My Doubling Adventure and pay it back latter with 10% interest. Nice amount was also added as doubling income tax.
Assets | |
Cash | 634.00 |
Incoming Checks | 3,834.19 |
Business Loan | 1,608.00 |
Inventory | 282.63 |
Accounts receivable | 192.00 |
Total assets | 6,550.82 |
Liabilities | |
Auction fees | 13.50 |
Total liabilities | 13.50 |
Net worth | 6,537.32 |
Step 17: Completed!
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