| The effects of the restatement on financial statements |
The
following tables show the effects of the restatement on the Company’s financial statements for the applicable periods:
MARIKA
INC.
(A
DEVELOPMENT STAGE COMPANY)
BALANCE
SHEETS
| |
|
Three
Months Ended September 30, 2014 (Unaudited) |
|
| |
|
As
Previously Recorded |
|
|
As
Restated |
|
| |
|
|
|
|
|
|
| Loans
from a director |
|
$ |
474 |
|
|
$ |
3,474 |
|
| |
|
|
|
|
|
|
|
|
| Total
Liabilities |
|
$ |
1,124 |
|
|
$ |
4,124 |
|
| |
|
|
|
|
|
|
|
|
| Common
stock, par value $0.001; 75,000,000 shares authorized, 6,100,000 shares issued and outstanding |
|
$ |
6,250 |
|
|
$ |
6,100 |
|
| |
|
|
|
|
|
|
|
|
| Additional
paid in capital |
|
$ |
22,750 |
|
|
$ |
19,900 |
|
| |
|
|
|
|
|
|
|
|
| Total
Stockholders’ Equity/(Deficit) |
|
$ |
(904 |
) |
|
|
(3,904 |
) |
MARIKA
INC.
(A
DEVELOPMENT STAGE COMPANY)
STATEMENTS
OF OPERATIONS
(Unaudited)
| |
|
Three
Months Ended September 30, 2014 (Unaudited) |
|
| |
|
As
Previously Recorded |
|
|
As
Restated |
|
| |
|
|
|
|
|
|
| WEIGHTED
AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC AND DILUTED |
|
|
6,250,000 |
|
|
|
6,100,000 |
|
MARIKA
INC.
(A
DEVELOPMENT STAGE COMPANY)
STATEMENTS
OF CASH FLOWS
(Unaudited)
| |
|
Three
months ended
September 30, 2014 |
|
|
For
the period from May 24, 2013
(Inception) to September 30, 2014 |
|
| |
|
As
Previously Recorded |
|
|
As
Restated |
|
|
As
Previously Recorded |
|
|
As
Restated |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Proceeds
from sale of common stock |
|
$ |
3,000 |
|
|
$ |
- |
|
|
$ |
29,000 |
|
|
$ |
26,000 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Loans
from a director |
|
$ |
- |
|
|
$ |
3,000 |
|
|
$ |
474 |
|
|
$ |
3,474 |
|
|