COMFORT Shoes, Inc

Preclosing Trial Balance (Audited)

Account ID
10100
10200
10300
10400
11000
11400
11500
12000
12300
14100
14200
14300
14400
14700
15000
15100
15200
17000
19000
19900
20000
23100
23200
23300
23350
23400
23500
23600
23700
23800
23900
24100
24200
24700
27000
39003
39004
39005
40000
41000
42000
45000

Account Description
Cash on Hand
Regular Checking Account
Payroll Checking Account
Savings Account
Accounts Receivable
Other Receivables
Allowance for Doubtful Accounts
Inventory - Spotlight
Reserve for Inventory Obsolescence
Prepaid Insurance
Prepaid Rent
Office Supplies
Notes Receivable-Current
Other Current Assets
Land
Buildings and Land Improvements
Machinery, Equipment, Office Furniture
Accum. Depreciation
Investments
Other Noncurrent Assets
Accounts Payable
Sales Tax Payable
Wages Payable
FICA Employee Withholding
Medicare Withholding
Federal Payroll Taxes Payable
FUTA Tax Payable
State Payroll Taxes Payable
SUTA Tax Payable
FICA Employer Withholding
Medicare Employer Withholding
Line of Credit
Current Portion Long-Term Debt
Other Current Liabilities
Notes Payable-Noncurrent
Common Stock
Paid-in Capital
Retained Earnings
Sales
Sales Returns
Warranty Expense
Income from Investments

46000
47000
50010
57500
60000
61000
62000
64000
64500
65000
66000
67000
68000
70000
70100
70110
70120
71000
72000
73000
74000
77500
78000
78500
78510
80000

Interest Income
Miscellanous Income
Cost of Goods Sold
Freight
Advertising Expense
Auto Expenses
Research and Development
Depreciation Expense
Warehouse Salaries
Property Tax Expense
Legal and Professional Expense
Bad Debt Expense
Insurance Expense
Maintenance Expense
Utilities
Phone
Postal
Miscellaneous Office Expense
Payroll Tax Exp
Pension/Profit-Sharing Plan Ex
Rent or Lease Expense
Administrative Wages Expense
Interest Expense
Income Tax Expense - Federal
Income Tax Expense - State
Loss on Legal Settlement
Preclosing Trial Balance
31-Dec-14
Account ID Account Description
10100 Cash on Hand
10200 Regular Checking Account
10300 Payroll Checking Account
10400 Savings Account
11000 Accounts Receivable
11400 Other Receivables
11500 Allowance for Doubtful Accounts
12000 Inventory
12300 Reserve for Inventory Obsolescence
14100 Prepaid Insurance
14200 Prepaid Rent
14300 Office Supplies
14400 Notes Receivable-Current
14700 Other Current Assets
15000 Land
15100 Buildings and Land Improvements
15200 Machinery, Equipment, Office Furniture

17000 Accum. Depreciation

19000 Investments
19900 Other Noncurrent Assets
20000 Accounts Payable
23100 Sales Tax Payable
23200 Wages Payable
23300 FICA Employee Withholding
23350 Medicare Withholding
23400 Federal Payroll Taxes Payable
23500 FUTA Tax Payable
23600 State Payroll Taxes Payable
23700 SUTA Tax Payable
23800 FICA Employer Withholding
23900 Medicare Employer Withholding
24100 Line of Credit
24200 Current Portion Long-Term Debt
24700 Other Current Liabilities
27000 Notes Payable-Noncurrent
39003 Common Stock
39004 Paid-in Capital
39005 Retained Earnings
40000 Sales Spotlight
41000 Sales Returns
42000 Warranty Expense
45000 Income from Investments
46000 Interest Income
47000 Miscellaneous Income
50010 Cost of Goods Sold
57500 Freight
60000 Advertising Expense
61000 Auto Expenses
62000 Research and Development
64000 Depreciation Expense
64500 Warehouse Salaries
65000 Property Tax Expense
66000 Legal and Professional Expense
67000 Bad Debt Expense
68000 Insurance Expense
70000 Maintenance Expense
70100 Utilities
70110 Phone
70120 Postal
71000 Miscellaneous Office Expense
72000 Payroll Tax Exp
73000 Pension/Profit-Sharing Plan Ex
74000 Rent or Lease Expense
77500 Administrative Wages Expense
78000 Interest Expense

78500 Income Tax Expense - Federal

78510 Income Tax Expense - State

31-Dec-13
Debit
$1,987.28
$198,116.52
$0.00
$3,044,958.13
$16,410,902.71

Credit

31-Dec-14
Debit
$2,275.23
$557,125.92

Credit

$3,645,599.15
$51,515,259.98
$1,250,000.00
$1,262,819.88

$18,825,205.24

$1,239,009.75
$67,724,527.50

$3,012,000.00

$846,000.00

$743,314.38
$200,000.00
$7,406.82

$3,424,213.78

$117,000.00
$623,905.92
$433,217.10

$117,000.00
$674,313.92
$2,929,097.13

$8,540.00

$164,000.00
$572,691.08
$53,840.59

$610,000.00
$1,998,780.39
$53,840.59

$4,633,118.09
$0.00
$29,470.32
$1,318.69
$583.99
$6,033.01

$1,922,095.91

$2,815.47

$55,106.86

$1,318.69
$583.99
$10,000,000.00

$8,439.65
$11,414.99
$44,403,000.00

$8,105,000.00
$7,423,000.00
$2,219,120.65
$246,172,918.44

$12,000,000.00
$8,105,000.00
$7,423,000.00
$6,590,483.64
$242,713,452.88

$4,497,583.20
$1,100,281.48

$8,439.65
$11,414.99
$118,086.12

$11,100,220.89
$1,158,128.47
$0.00

$1,426,089.31

$204,302.81
$141,569,221.61
$4,302,951.46
$897,140.01
$208,974.39
$31,212,334.17
$133,000.00
$4,633,383.82
$80,495.32
$3,605,133.96
$1,622,425.99
$853,942.65
$61,136.04
$135,642.99
$76,373.78
$128,033.21
$17,023.27
$1,550,989.06
$3,000,000.00
$2,603,485.87
$16,875,305.98
$875,000.00
$2,365,000.00
$429,000.00
$19,172,000.00
$283,238,404.03

$130,196,645.26
$4,240,263.09
$1,036,854.01
$210,502.80
$528,870.44
$446,000.00
$4,720,715.56
$99,332.45
$4,913,224.45
$36,106.92
$35,502.87
$137,332.18
$52,599.02
$77,803.61
$24,891.82
$1,577,811.85
$3,300,000.00
$1,206,574.00
$16,197,225.43
$2,591,736.50
$8,900,000.00
$3,100,000.00
$283,238,404.03

Debit Amt
Credit Amt
$2,275.23
$557,125.92
$3,645,599.15
$51,515,259.98
$1,250,000.00
$1,239,009.75
$67,724,527.50
$846,000.00
$3,424,213.78
$8,540.00

$117,000.00
$674,313.92
$2,929,097.13

$131,881.46
$2,166,000.00

$610,000.00
$1,998,780.39
$53,840.59
$1,922,095.91

$8,439.65
$11,414.99
$118,086.12
$55,106.86
$8,439.65
$11,414.99
$44,403,000.00

$12,000,000.00
$8,105,000.00
$7,423,000.00
$6,590,483.64
$242,713,452.88
$11,100,220.89
$1,158,128.47
$1,426,089.31
$131,881.46
$2,166,000.00
$130,196,645.26
$4,240,263.09
$1,036,854.01
$210,502.80
$528,870.44
$446,000.00
$4,720,715.56
$99,332.45
$4,913,224.45
$36,106.92
$35,502.87
$137,332.18
$52,599.02
$77,803.61
$24,891.82
$1,577,811.85
$3,300,000.00
$1,206,574.00
$16,197,225.43
$2,591,736.50

$8,900,000.00
$3,100,000.00
$329,788,915.21

$329,788,915.21

Increase (Decrease)
0.144896542
1.8121123872
0.1972575629
2.1390875256
-0.0188547317
2.5975452398
-0.719123506
3.6066830834
0.1529914322

0
0.0807942326
5.7612684956
2.7195121951
2.4901545699
0
-0.5851398836

5.4000257832
18.5465504546
18.5733340406
18.5728812596
5.4000257832
18.5465504546
3.4403

0
0
1.9698626976
-0.01405299
1.468041256
0.0525747193

Grace Priscilla Siahaan

Maria Tiominar
Rahmawati Galih Syarafina

1306395281
1306395413
1306395110

-0.3544804401
-0.0803322659
-0.014568691
0.1557326598
0.0073138627
-0.9830557229
2.3533834586
0.0188483716
0.2340152198
0.3628410219
-0.9577173947
-0.4192808366
0.0124532053
-0.3112947925
-0.3923169621
0.4622231804
0.0172939905
0.1
-0.5365544273
-0.0401818225
1.9619845714
2.7632135307
6.2261072261

COMFORT Shoes, Inc

Common Size Analysis

Revenue
Account ID
40000
41000
Expense
Account ID
50010
57500
60000
61000
62000
64000
64500
65000
66000
67000
68000
70000
70100
70110
70120
71000
72000
73000
74000
77500
78000
78500
78510
42000

Assets
Account ID
10100
10200
10300
10400
11000

Account Description
Sales
Sales Returns
Total
Account Description
Cost of Goods Sold
Freight
Advertising Expense
Auto Expenses
Research and Development
Depreciation Expense
Warehouse Salaries
Property Tax Expense
Legal and Professional Expense
Bad Debt Expense
Insurance Expense
Maintenance Expense
Utilities
Phone
Postal
Miscellaneous Office Expense
Payroll Tax Exp
Pension/Profit-Sharing Plan Ex
Rent or Lease Expense
Administrative Wages Expense
Interest Expense
Income Tax Expense - Federal
Income Tax Expense - State
Warranty Expense
Total

Account Description
Cash on Hand
Regular Checking Account
Payroll Checking Account
Savings Account
Accounts Receivable

11400
11500
12000
12300
14100
14200
14300
14400
14700
15000
15100
15200
17000
19000
19900

Other Receivables
Allowance for Doubtful Accounts
Inventory - Spotlight
Reserve for Inventory Obsolescence
Prepaid Insurance
Prepaid Rent
Office Supplies
Notes Receivable-Current
Other Current Assets
Land
Buildings and Land Improvements
Machinery, Equipment, Office Furniture
Accum. Depreciation
Investments
Other Noncurrent Assets
Total

Dec-31-13
Debit

Credit
$246,172,918.44

$4,497,583.20
$241,675,335.24
Debit
$141,569,221.61
$4,302,951.46
$897,140.01
$208,974.39
$31,212,334.17
$133,000.00
$4,633,383.82
$80,495.32
$3,605,133.96
$1,622,425.99
$853,942.65
$61,136.04
$135,642.99
$76,373.78
$128,033.21
$17,023.27
$1,550,989.06
$3,000,000.00
$2,603,485.87
$16,875,305.98
$875,000.00
$2,365,000.00
$429,000.00
$1,100,281.48
$218,336,275.06

Dec-31-13
Debit
$1,987.28
$198,116.52
$0.00
$3,044,958.13
$16,410,902.71

Dec-31-14
Debit

Credit
$242,713,452.88

$11,100,220.89
$231,613,231.99
Credit

Debit
$130,196,645.26
$4,240,263.09
$1,036,854.01
$210,502.80
$528,870.44
$446,000.00
$4,720,715.56
$99,332.45
$4,913,224.45

Credit

$36,106.92
$35,502.87
$137,332.18
$52,599.02
$77,803.61
$24,891.82
$1,577,811.85
$3,300,000.00
$1,206,574.00
$16,197,225.43
$2,591,736.50
$8,900,000.00
$3,100,000.00
183,629,992.26

Credit

Dec-31-14
Debit
$2,275.23
$557,125.92
$3,645,599.15
$51,515,259.98

Credit

$1,250,000.00
$1,262,819.88

$1,239,009.75

$18,825,205.24

$67,724,527.50
$3,012,000.00

$846,000.00

$743,314.38
$200,000.00
$7,406.82

$3,424,213.78

$117,000.00
$623,905.92
$433,217.10

$117,000.00
$674,313.92
$2,929,097.13

$8,540.00

$164,000.00

$572,691.08
$53,840.59
36,793,726

$610,000.00

$1,998,780.39
$53,840.59
131,205,564

Expense to Sales
Dec-13-13
Dec-13-14

0.9034280426 0.7928303175

% of Total Assets
Dec-31-13
Dec-31-14
5.40114E-005 0.000017341
0.0053845191 0.0042462065
0.082757537 0.0277854006
0.4460244869 0.3926301482

0.009527035
0.5116417211 0.5161711555
0.0202022046 0.0260980836
0.0054357094
0.0002013066 6.50887E-005

0.00317989 0.0008917305
0.0169568562 0.0051393699
0.0117742112 0.0223244887
0.0155649113 0.0152339606
0.001463309 0.0004103529

Account ID
10100
10200
10300
10400
11000
11400
11500
12000
12300
14100
14200
14300
14400
14700
15000
15100
15200
17000
19000
19900
20000
23100
23200
23300
23350
23400
23500
23600
23700
23800
23900
24100
24200
24700
27000
39003
39004
39005
40000
41000
42000
45000

Account Description
Cash on Hand
Regular Checking Account
Payroll Checking Account
Savings Account
Accounts Receivable
Other Receivables
Allowance for Doubtful Accounts
Inventory - Spotlight
Reserve for Inventory Obsolescence
Prepaid Insurance
Prepaid Rent
Office Supplies
Notes Receivable-Current
Other Current Assets
Land
Buildings and Land Improvements
Machinery, Equipment, Office Furniture
Accum. Depreciation
Investments
Other Noncurrent Assets
Accounts Payable
Sales Tax Payable
Wages Payable
FICA Employee Withholding
Medicare Withholding
Federal Payroll Taxes Payable
FUTA Tax Payable
State Payroll Taxes Payable
SUTA Tax Payable
FICA Employer Withholding
Medicare Employer Withholding
Line of Credit
Current Portion Long-Term Debt
Other Current Liabilities
Notes Payable-Noncurrent
Common Stock
Paid-in Capital
Retained Earnings
Sales
Sales Returns
Warranty Expense
Income from Investments

46000
47000
50010
57500
60000
61000
62000
64000
64500
65000
66000
67000
68000
70000
70100
70110
70120
71000
72000
73000
74000
77500
78000
78500
78510
80000

Interest Income
Miscellanous Income
Cost of Goods Sold
Freight
Advertising Expense
Auto Expenses
Research and Development
Depreciation Expense
Warehouse Salaries
Property Tax Expense
Legal and Professional Expense
Bad Debt Expense
Insurance Expense
Maintenance Expense
Utilities
Phone
Postal
Miscellaneous Office Expense
Payroll Tax Exp
Pension/Profit-Sharing Plan Ex
Rent or Lease Expense
Administrative Wages Expense
Interest Expense
Income Tax Expense - Federal
Income Tax Expense - State
Loss on Legal Settlement

Debit
$1,987.28
$198,116.52
$0.00
$3,044,958.13
$16,410,902.71

Credit

Debit
$2,275.23
$557,125.92

Credit

$3,645,599.15
$51,515,259.98
$1,250,000.00
$1,262,819.88

$18,825,205.24

$1,239,009.75
$67,724,527.50

$3,012,000.00

$846,000.00

$743,314.38
$200,000.00
$7,406.82

$3,424,213.78

$117,000.00
$623,905.92
$433,217.10

$117,000.00
$674,313.92
$2,929,097.13

$8,540.00

$164,000.00
$572,691.08
$53,840.59

$610,000.00
$1,998,780.39
$53,840.59

$4,633,118.09
$0.00
$29,470.32
$1,318.69
$583.99
$6,033.01

$1,922,095.91

$8,439.65
$11,414.99
$118,086.12

$2,815.47

$55,106.86

$1,318.69
$583.99
$10,000,000.00

$8,439.65
$11,414.99
$44,403,000.00

$12,000,000.00
$8,105,000.00
$7,423,000.00
$6,590,483.64
$242,713,452.88

$8,105,000.00
$7,423,000.00
$2,219,120.65
###
$4,497,583.20
$1,100,281.48

$11,100,220.89
$1,158,128.47
$0.00

$1,426,089.31

$204,302.81
$141,569,221.61
$4,302,951.46
$897,140.01
$208,974.39
$31,212,334.17
$133,000.00
$4,633,383.82
$80,495.32
$3,605,133.96
$1,622,425.99
$853,942.65
$61,136.04
$135,642.99
$76,373.78
$128,033.21
$17,023.27
$1,550,989.06
$3,000,000.00
$2,603,485.87
$16,875,305.98
$875,000.00
$2,365,000.00
$429,000.00
$19,172,000.00
$283,238,404.03

$131,881.46
$2,166,000.00
$130,196,645.26
$4,240,263.09
$1,036,854.01
$210,502.80
$528,870.44
$446,000.00
$4,720,715.56
$99,332.45
$4,913,224.45
$36,106.92
$35,502.87
$137,332.18
$52,599.02
$77,803.61
$24,891.82
$1,577,811.85
$3,300,000.00
$1,206,574.00
$16,197,225.43
$2,591,736.50
$8,900,000.00
$3,100,000.00

###

Increase (Decrease)
13
0.144896542
Current Assets
$39,431,891.08
1.812112387
Current Liabilities
$14,675,242.25
Current Ratio
2.686966962
0.197257563
2.139087526
Cash+STS+AR
$ 16,412,889.99
Current Liabilities
$14,675,242.25
-0.018854732
Quick Ratio
1.11840675
2.59754524
-0.719123506
Long-term debt
$
3.606683083
Stockholder's equity $
8,105,000.00
Debt to Equity
0
0.152991432
Net Sales
$ 241,675,335.24
Other Income
$
204,302.81
0
COGS
$ 141,569,221.61
0.080794233
Other Expenses
$ 94,838,771.97
5.761268496
Net Profit
$
5,471,644.47
2.719512195
Revenue
$ 241,879,638.05
2.49015457
Net Profit Margin
0.0226213521
0
-0.585139884
Revenue - COGS
$ 100,310,416.44
Revenue
$ 241,879,638.05
Gross Margin
0.4147121157
5.400025783
18.54655045
Revenue
$ 241,879,638.05
18.57333404
Average A/R
$ 16,410,902.71
Receivable Turnove 14.7389599661
18.57288126
COGS
$ 141,569,221.61
5.400025783
Average Inventory
$ 18,825,205.24
18.54655045
Inventory Turnover
7.5201953873
3.4403

0
0
1.969862698
-0.01405299
1.468041256
0.052574719

14
$128,127,541.56
$46,537,998.17
2.753181198
$ 51,517,535.21
$46,537,998.17
1.106999382
$ 12,000,000.00
###
1.480567551
###
$ 3,723,970.77
###
$ 53,433,347.00
$ 51,707,210.50
###
0.2197154122
###
###
0.4467655614
###
$ 51,515,259.98
4.568300788
###
$ 67,724,527.50
1.9224444978

-0.35448044
-0.080332266
-0.014568691
0.15573266
0.007313863
-0.983055723
2.353383459
0.018848372
0.23401522
0.362841022
-0.957717395
-0.419280837
0.012453205
-0.311294793
-0.392316962
0.46222318
0.01729399
0.1
-0.536554427
-0.040181823
1.961984571
2.763213531
6.226107226

27,541.56