SMOKY VALLEY CAFE

SMOKY VALLEY CAFE

Balance Sheet at AUGUST 12, 1946
Assets Liabilities

Cash 6,000 Equity 6,000

Mrs. Beaven 2,000
Mr. Maywood 2,000
Mrs. Maywood 2,000

Total 6,000 Total 6,000

 Smokey Valley Café

Balance Sheet as on August 12, 1946

Assets Liabilities and Stockholders' Equity

Cash $ 1,500 Equity $ 6,000

Land $ 2,500 Mortgage $ 11,500

Land Improvements $ 2,000

Buildings $ 10,500

Equipments $ 1,000

Total assets $ 17,500 Total liabilities and SE $ 17,500

 Smokey Valley Café
Balance Sheet as on December 16, 1946
Assets Liabilities and Stockholders' Equity
Cash $ 65.35 Equity $ 6,400.00 $ 5,411.98
Bank $ 9.78 - less Loss $ 988.02  
Land $ 2,500.00  
Land Improvements $ 2,000.00    
- less Depreciation $ 44.45 $ 1,955.55 Mortgage $ 11,500.00  
Buildings $ 10,500.00   less repayment 700 $ 10,800.00
- less Depreciation $ 233.45 $ 10,266.55 Bills Payable $ 92.01
Equipments $ 1,000.00    

+ add new equipment $ 415.95    

- less Depreciation $ 44.19 $ 1,371.76  
Food $ 100.00  
Deposit $ 35.00  

   
Total assets   $ 16,303.99 Total liabilities and SE $ 16,303.99