Form K-150 - Kansas Franchise Tax - Balance Sheet July 2006 Page 2
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1
2KANSAS BALANCE SHEET
A balance sheet listing all assets and liabilities as of the end of the tax year must be included with Form K-150. A federal balance
sheet may be submitted, or you may use the following Kansas Balance Sheet.
Beginning of tax year
End of tax year
Assets
(a)
(b)
(c)
(d)
1
Cash
2a
Trade notes and accounts rece vable
i
b
Less al owance or bad debts
l
f
3
Inventories
4
U.S. government ob
ligations
5
Tax-exempt securities
6
Other current assets
7
Loans to shareholders
8
Mortgage and real estate oans
l
9
Other nvestments
i
10a Bu ngs and other depreciable assets
ildi
b
Less accumu ated depreciat on
l
i
11a Depletab e assets
l
b
Less accumu ated dep et
l
l ion
12
Land net of any amort
(
ization)
13a ntangib e assets amortizable on
I
l
(
ly)
b
Less accumulated amortization
14
Other assets
15
Tota assets
l
Liabilities
16
Accounts payab
le
17
Mortgages, notes, bonds payab
le in l
ess than 1 year
18
Other current liabilities
19
Loans from shareholders
20 All
nonrecourse oans
l
21
Mortgages, notes, bonds payab n 1 year or more
le i
22
Other liabilities
23 Capi
tal stock preferred and common)
(
24
Addit ona
i
l pai i
d- n cap ta
i l
25
Reta ned earnings (appropr ated and unappropriated
i
i
)
26
Adjustments to shareholders' equ ty
i (pl
ace negative
numbers n brackets
i
)
(
)
(
)
27
Less cost
of
treasury stock
28
Partners' capita accounts
l
29
Tota liabilities and shareho ders' equity
l
l
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