| Account | Current Balance | |||
__________________________________________________________________ | ||||
| Assets | $153,101.11 | |||
| Cash Accounts | $13,819.83 | |||
| Checking Account | $13,719.83 | |||
| Petty Cash | $100.00 | |||
| Inventory | $78,541.50 | |||
| Accounts Receivable | $37,264.78 | |||
| Deposits Paid Vendors | $100.00 | |||
| Office Equipment | $7,875.00 | |||
| Office Equip., Original Cost | $12,000.00 | |||
| Office Equip., Amortization | ($4,125.00) | |||
| Vehicles | $15,000.00 | |||
| Vehicles, Original Cost | $32,000.00 | |||
| Vehicles, Amortization | ($17,000.00) | |||
| Other Assets | $500.00 | |||
| Liabilities | $135,382.03 | |||
| Credit Cards | $4,200.00 | |||
| American Express | $3,200.00 | |||
| Visa | $1,000.00 | |||
| Accounts Receivable | $10,627.02 | |||
| Bank Indebtedness | $100,000.00 | |||
| Tax Liabilities | $4,763.26 | |||
| Tax 1 Collected | $2,414.58 | |||
| Tax 2 Collected | $2,348.68 | |||
| Payroll Liabilities | $15,291.75 | |||
| Accrued Employer Expenses | $0.00 | |||
| Deposits from Customers | $500.00 | |||
| Equity | $17,719.08 | |||
| Paid in Capital | $110,000.00 | |||
| Owner's Draw | $0.00 | |||
| Retained Earnings | ($58,078.07) | |||
| Current Year Earnings | ($34,202.85) | |||
| Historical Balancing | $0.00 | |||
| Income | $24,108.50 | |||
| Sales | $23,708.50 | |||
| Retail Sales | $7,227.10 | |||
| Wholesale Sales | $3,723.90 | |||
| Consignment Sales | $12,757.50 | |||
| Other Income | $400.00 | |||
| Freight Income | $0.00 | |||
| Finance Charges Collected | $0.00 | |||
| Miscellaneous Income | $400.00 | |||
| Cost of Sales | $13,386.57 | |||
| Retail Cost of Sales | $4,622.97 | |||
| Wholesale Cost of Sales | $2,371.49 | |||
| Consignment Cost of Sales | $6,392.11 | |||
| Wages for Production Labor | $0.00 | |||
| Materials & Supplies | $0.00 | |||
| Other Costs | $0.00 | |||
| Expenses | $44,924.78 | |||
| Advertising | $0.00 | |||
| Vehicle Expenses | $100.00 | |||
| Commissions Paid | $1,000.00 | |||
| Amortization Expense | $625.00 | |||
| Freight Paid | $48.95 | |||
| Insurance (other than health) | $90.00 | |||
| Interest | $1,500.00 | |||
| Mortgage Interest | $0.00 | |||
| Other Interest | $1,500.00 | |||
| Legal & Professional Services | $178.90 | |||
| Office Expenses | $500.00 | |||
| Lease Expenses | $112.00 | |||
| Machinery & Equipment | $100.00 | |||
| Other Business Property | $12.00 | |||
| Repairs | $0.00 | |||
| Supplies | $150.00 | |||
| Tax | $100.00 | |||
| Travel, Meals & Entertainment | $1,000.00 | |||
| Travel | $0.00 | |||
| Meals & Entertainment | $1,000.00 | |||
| Utilities | $900.00 | |||
| Wages Paid | $8,524.00 | |||
| Finance Charges Paid | $0.00 | |||
| Employment Expenses | $37,119.93 | |||
| Wages | $33,174.99 | |||
| Vacation Pay Expense | $1,699.50 | |||
| Employer Expenses | $2,245.44 | |||
| Other Expenses | $0.00 | |||
| Other Income | $0.00 | |||
| Lottery Winnings | $0.00 | |||
| Other Expenses | $0.00 | |||
| Corporate Tax | $0.00 | |||