This report compares your balance sheet as of the end of the selected month of this fiscal year with your balance sheet as of the end of the same month of last fiscal year.
Report Tip: This report shows you how your asset, liability, and equity account balances changed over the course of the year.
More Details about the Balance Sheet (Last Year Analysis) Report
Balance Sheet [Last Year Analysis]
October 2001
This Year |
Last Year |
$ Difference |
% Difference | |||
______________________________________________________________________________________________ | ||||||
Assets |
||||||
Cash Accounts |
||||||
Checking Account |
$16,664.83 |
$34,878.91 |
($18,214.08) |
(52.2%) | ||
Petty Cash |
$100.00 |
$100.00 |
$0.00 |
0.0% | ||
Total Cash Accounts |
$16,764.83 |
$34,978.91 |
($18,214.08) |
(52.1%) | ||
Inventory |
||||||
Raw Materials |
$3,400.00 |
$3,400.00 |
$0.00 |
0.0% | ||
Finished Goods |
$75,129.62 |
$5,400.00 |
$69,729.62 |
1,291.3% | ||
Total Inventory |
$78,529.62 |
$8,800.00 |
$69,729.62 |
792.4% | ||
Accounts Receivable |
$37,264.78 |
$32,000.00 |
$5,264.78 |
16.5% | ||
Deposits Paid Vendors |
$100.00 |
$100.00 |
$0.00 |
0.0% | ||
Office Equipment |
||||||
Office Equip., Original Cost |
$12,000.00 |
$12,000.00 |
$0.00 |
0.0% | ||
Office Equip., Amortization |
($4,000.00) |
($4,000.00) |
$0.00 |
0.0% | ||
Total Office Equipment |
$8,000.00 |
$8,000.00 |
$0.00 |
0.0% | ||
Vehicles |
||||||
Vehicles, Original Cost |
$32,000.00 |
$32,000.00 |
$0.00 |
0.0% | ||
Vehicles, Amortization |
($16,500.00) |
($16,500.00) |
$0.00 |
0.0% | ||
Total Vehicles |
$15,500.00 |
$15,500.00 |
$0.00 |
0.0% | ||
Other Assets |
$500.00 |
$500.00 |
$0.00 |
0.0% | ||
Total Assets |
$156,659.23 |
$99,878.91 |
$56,780.32 |
56.8% | ||
Liabilities |
||||||
Credit Cards |
||||||
American Express |
$3,200.00 |
$3,200.00 |
$0.00 |
0.0% | ||
Visa |
$1,000.00 |
$1,000.00 |
$0.00 |
0.0% | ||
Total Credit Cards |
$4,200.00 |
$4,200.00 |
$0.00 |
0.0% | ||
Accounts Payable |
$10,615.14 |
$21,000.00 |
($10,384.86) |
(49.5%) | ||
Bank Indebtedness |
$100,000.00 |
$100,000.00 |
$0.00 |
0.0% | ||
Tax Liabilities |
||||||
Tax 1 Collected |
$2,214.58 |
$354.98 |
$1,859.60 |
523.9% | ||
Tax 2 Collected |
$2,348.68 |
$452.00 |
$1,896.68 |
419.6% | ||
Total Tax Liabilities |
$4,563.26 |
$806.98 |
$3,756.28 |
465.5% | ||
Payroll Liabilities |
||||||
Payroll Liabilities |
$13,919.25 |
$0.00 |
$13,919.25 |
NA | ||
Payroll Tax Payable |
$105.00 |
$0.00 |
$105.00 |
NA | ||
Vacation Payable |
$1,267.50 |
$0.00 |
$1,267.50 |
NA | ||
Total Payroll Liabilities |
$15,291.75 |
$0.00 |
$15,291.75 |
NA | ||
Deposits from Customers |
$500.00 |
$500.00 |
$0.00 |
0.0% | ||
Total Liabilities |
$135,170.15 |
$126,506.98 |
$8,663.17 |
6.8% | ||
Equity |
||||||
Paid in Capital |
$110,000.00 |
$110,000.00 |
$0.00 |
0.0% | ||
Retained Earnings |
($58,078.07) |
($136,976.07) |
$78,898.00 |
(57.6%) | ||
Current Year Earnings |
($30,432.85) |
$348.00 |
($30,780.85) |
(8,845.1%) | ||
Total Equity |
$21,489.08 |
($26,628.07) |
$48,117.15 |
(180.7%) | ||
_____________ |
_____________ |
_____________ |
_____________ | |||
Total Liability & Equity |
$156,659.23 |
$99,878.91 |
$56,780.32 |
56.8% | ||
Balance Sheet (Last Year Analysis) Report - Sample Report