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Balance Sheet

FY-[YEAR] FY-[YEAR]
Current Assets
Cash 600 700
Investments
Inventories
Accounts receivable
Pre-paid expenses
Other
Total 600 700
Fixed Assets
Property and equipment
Leasehold improvements
Equity and other investments
Less accumulated depreciation (Negative Value) (100) (85)
Total (100) (85)
Other Assets
Charity
Total 0 0
Total Assets 500 615
Current Liabilities
Accounts payable 350
Accrued wages
Accrued compensation 500
Income taxes payable
Unearned revenue
Other
Total 500 350
Long-term Liabilities
Mortgage payable
Total 0 0
FY-[YEAR] FY-[YEAR]
Owner Equity
Investment capital 350
Accumulated retained earnings
Total 0 350
Total Liabilities & Stockholder Equity 500 700