Balance Sheet Suggested Format

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Balance Sheet Suggested Format
CURRENT ASSETS:
Cash
Accounts Receivable
Inventory
TOTAL CURRENT ASSETS
$
PROPERTY & EQUIPMENT:
Land and Building
Fixtures & Equipment
Vehicles
Less Accumulated Dep.
(
)
NET FIXED ASSETS
$
OTHER ASSETS:
License
Goodwill
TOTAL ASSETS
$
CURRENT LIABILITIES:
Notes Payable (1 year)
Accounts Payable
Accrued Expenses
Taxes Owed
Long Term Dept (Current Amt)
TOTAL CURRENT LIABILITIES
$
LONG TERM DEBT
$
Loans
TOTAL LIABILITIES
STOCKHOLDERS EQUITY:
Capital Stock
Paid-In Capital
Retained Earnings
TOTAL NET WORTH
$
TOTAL LIABILITIES AND NET WORTH
$

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