At Rana Academy, we offer a range of career, technical and academic programs.Most of these "hands-on" programs offer a practical education and valuable skillsbase. Students graduating from our Career & Technical programs often find jobs atwhich they utilize the skills & knowledge.
For students interested in pursuing a Bachelor's Degree, we also offer a LiberalArts program which prepares students to transfer to a 4 year institution. TheAcademy also offers non-credit courses for those who want to brush up on skills orgain new ones.
We encourage you to look at what we have to offer, then make an appointment tocome in and talk to us about your personal and career goals. We have a littlesomething for everyone!
Rana Academy
Income Statement
For the one month ending 31July 2003
Current Month
Revenues
Admission Fee Received $ 250,000.00
Total Revenues 250,000.00
Cost of Sales 0
Total Cost of Sales 0.00
Gross Profit 250,000.00
Expenses:
Rent paid 10,000.00
Supplies 5,000.00
Salary Paid 120,000.00
Total Expenses 135,000.00
Net Income $ 115,000.00
Rana Academy
Balance Sheet
At the end of Month 31,july,2003
ASSETS ASSETS
Current Assets
Cash $405,000.00
Total Current Assets 405,000.00
Property and Equipment 0.00
Computer 30,000.00
Total Property andEquipmen 30,000.00
Other Assets
Advance Security 50,000.00
Total Other Assets 50,000.00
Total Assets $485,000.00
LIABILITIES AND CAPITAL
Current Liabilities
Fee Received In Advance$125,000.00
Purchase on Account 10,000.00
Total Current Liabilities 135,000.00
Long-Term Liabilities 0.00
Total Long-Term Liabilities 0.00
Total Liabilities 135,000.00
Capital
Capital 250,000.00
Drawings (15,000.00)
Net Income 115,000.00
Total Capital 350,000.00
Total Liabilities & Capital $485,000.00
Rana Academy,
Riwind Road Lahore
Tell:+923137265962
+923336844040
+923214334893
Email: [email protected]