GH259400TOMPUOLS65II 2019-12-31 GH259400TOMPUOLS65II 2020-01-01 2020-12-31 GH259400TOMPUOLS65II 2020-12-31 iso4217:USD
Balance Sheet
ABC Company, Inc.
(See accompanying notes to the financial statements.)
 
(in US Dollars) As of December 31, 2020 As of December 31, 2019
ASSETS  
Current assets $500) $0)
Noncurrent assets 3,000) 0)
Assets $3,500) $0)
   
LIABILITIES AND EQUITY  
LIABILITIES  
Current liabilities $0) $0)
Noncurrent liabilities 0) 0)
Liabilities 0) 0)
EQUITY  
Equity attributable to controlling interests 3,000) 0)
Equity attributable to noncontrolling interests 500) 0)
Equity 3,500) 0)
   
Liabilities and equity $3,500) $0)
   
Statement of Net Assets
ABC Company, Inc.
(See accompanying notes to the financial statements.)
 
(in US Dollars) As of December 31, 2020 As of December 31, 2019
NET ASSETS  
Assets $3,500) $0)
Liabilities 0) 0)
Net assets $3,500) $0)
   
Income Statement
ABC Company, Inc.
(See accompanying notes to the financial statements.)
 
(in US Dollars) For period ended December 31, 2020
Net income: 
Revenue $7,000)
Expenses (3,000)
Gains 1,000)
Losses (2,000)
Net income $3,000)
  
Income Statement (Alternative)
ABC Company, Inc.
(See accompanying notes to the financial statements.)
 
(in US Dollars) For period ended December 31, 2020
Net income: 
Income from normal activities of entity $2,000)
Income from peripheral or incidental transactions of entity 1,000)
Net income $3,000)
  
Statement of Comprehensive Income
ABC Company, Inc.
(See accompanying notes to the financial statements.)
 
(in US Dollars) For period ended December 31, 2020
Comprehensive income: 
Net income $3,000)
Other comprehensive income 0)
Comprehensive income $3,000)
  
Statement of Changes in Equity
ABC Company, Inc.
(See accompanying notes to the financial statements.)
 
(in US Dollars) For period ended December 31, 2020
Changes in equity: 
Equity, beginning balance $0)
Comprehensive income 3,000)
Investments by owners 1,000)
Distributions to owners (500)
Equity, ending balance $3,500)