Beginning of income year
End of income year
Schedule L
Balance Sheets
(a)
(b)
(c)
(d)
Assets
1 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 a Trade notes and accounts receivable . . . . . . . .
b Less allowance for bad debts . . . . . . . . . . . .
(
)
(
)
•
3 Inventories . . . . . . . . . . . . . . . . . . . . . . . .
4 Federal and state government obligations . . . . . . .
5 Other current assets. Attach schedule(s) . . . . . . .
•
6 Loans to shareholders. Attach schedule(s) . . . . . .
7 Mortgage and real estate loans . . . . . . . . . . . .
•
8 Other investments. Attach schedule(s) . . . . . . . . .
9
. . . . .
a Buildings and other fixed depreciable assets
•
b Less accumulated depreciation . . . . . . . . . . .
(
)
(
)
10 a Depletable assets . . . . . . . . . . . . . . . . . . .
b Less accumulated depletion . . . . . . . . . . . . . (
)
(
)
•
11 Land (net of any amortization) . . . . . . . . . . . . .
12 a Intangible assets (amortizable only) . . . . . . . . .
b Less accumulated amortization . . . . . . . . . . .
(
)
(
)
13 Other assets. Attach schedule(s) . . . . . . . . . . . .
•
•
14 Total assets. . . . . . . . . . . . . . . . . . . . . . .
Liabilities and shareholders’ equity
15 Accounts payable . . . . . . . . . . . . . . . . . . . .
16
Mortgages, notes, bonds payable in less than 1 year
. .
17 Other current liabilities. Attach schedule(s) . . . . . .
•
18 Loans from shareholders. Attach schedule(s) . . . . .
•
19
Mortgages, notes, bonds payable in 1 year or more
. .
20 Other liabilities. Attach schedule(s). . . . . . . . . . .
•
•
21 Capital stock . . . . . . . . . . . . . . . . . . . . . . .
•
•
22 Paid-in or capital surplus . . . . . . . . . . . . . . . .
•
•
23 Retained earnings . . . . . . . . . . . . . . . . . . . .
24 Adjustments to shareholders’ equity.
Attach schedule(s) .
25 Less cost of treasury stock . . . . . . . . . . . . . . .
(
)
(
)
26 Total liabilities and shareholders’ equity . . . . . .
Schedule M – 1 Reconciliation of income (loss) per books with income (loss) per return Do not complete this schedule if the amount on
Schedule L, line 14, column (d), is less than $25,000.
1 Net income per books . . . . . . . . . . . . . . . . . .
5 Income recorded on books this year not included on
2 Income included on Schedule K, line 1 through line 6,
Schedule K, line 1 through line 6 (itemize)
not recorded on books this year (itemize)
a Tax-exempt interest $
•
•
3 Expenses recorded on books this year not included on
6
Deductions included on Sch. K lines 1 through 11a and line
Schedule K, line 1 through line 11a and line 16a (itemize)
16a, not charged against book income this year (itemize)
a Depreciation . . . .
$
a Depreciation . . . .
$
b State taxes . . . . .
$
b State tax refunds. .
$
•
c
Travel and entertainment $
•
7 Total. Add line 5 and line 6 . . . . . . . . . . . . . .
4 Total. Add line 1 through line 3. . . . . . . . . . . . . .
8
Income (loss) (Sch. K, line 23, col. d). Line 4 less line 7 . .
Schedule M – 2 CA accumulated adjustments account, other adjustments account, and other retained earnings See instructions.
(a) Accumulated
(b) Other adjustments
(c) Other retained earnings
Important: Use California figures and federal procedures.
adjustments account
account
(see instructions)
•
1 Balance at beginning of year. . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Ordinary income from Form 100S, Side 1, line 1 . . . . . . . . . . . . . . . .
3 Other additions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(
)
4 Loss from Form 100S, Side 1, line 1 . . . . . . . . . . . . . . . . . . . . . . .
(
)
(
)
5 Other reductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Combine line 1 through line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
7 Distributions other than dividend distributions. . . . . . . . . . . . . . . . . . .
•
8 Balance at end of year. Subtract line 7 from line 6 . . . . . . . . . . . . . . .
•
9 Retained earnings at end of year. Add line 8, column (a) through column (c) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
•
If the corp. has C corp. E&P at the end of the income year, check the box and enter the amount. See instructions . . . .
100S98409
Side 4 Form 100S
1998
C1