AXIA GROUP INC. CONSOLIDATED BALANCE SHEET As
Post# of 1375
AXIA GROUP INC.
CONSOLIDATED BALANCE SHEET
As at June 30, 2012
(Unaudited)
BALANCE SHEET
ASSETS
CURRENT ASSETS
Cash 28,628 $
Accounts Receivable 46,549
Other Receivable -
Inventory 22,707
Prepaid Accounts 3,600
101,484
LONG-TERM EQUITY INVESTMENT -
-
FIXED ASSETS - NBV 58,014
INTANGIBLE ASSETS - NBV -
$ 159,498
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts Payable and Accrued Liabilities 25,488 $
Bank LOC 35,963
Taxes Payable -
61,451
LONG TERM LIABILITIES - -
61,451
SHAREHOLDERS' EQUITY
CAPITAL STOCK
Common Stock, authorized shares 1,500,000,000
Issued and outstanding - 925,972,018 @ PV $.00001 9,260
Preferred Stock autorized - 500,000,000
Issued and outstanding - 12,000,000 @ PV $.00001 120
Paid In Capital 25,610,742
Deficit - 25,522,075
98,047
$ 159,498
(0)
(0)