mgsd: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, MGSD has $441,862 in assets. $377,125 in debts. $249,692 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-06-30
Other receivables	2,952
Prepayments	172,064
Inventories	263
Cash and cash equivalents	249,692
Total current assets	424,971
Property and equipment, net	1,858
Right-of-use assets	15,033
Total assets	441,862

Due to related parties-Related Party	181,410
Accrued expenses	21,082
Income tax payable	0
Operating lease liabilities, current	15,033
Advance from customers	155,452
Accounts payable	0
Other payables	4,148
Total current liabilities	377,125
Total liabilities	377,125
Retained earnings (accumulated deficit)	-71,303
Common stock 0.001 par value, 150,000,000 shares authorized 60,500,000 and 60,000,000 shares issued and outstanding at june 30, 2025 and september 30, 2024, respectively	60,500
Additional paid-in capital	74,500
Accumulated other comprehensive income (loss)	1,040
Total stockholders equity (deficit)	64,737
Total liabilities and equity (deficit)	441,862