Scott Kahne Tool & Die

Author Ralph Morgan

Date 9/5/2016
Purpose To record the monthly balance sheet for the company
Scott Kahne Tool & Die
Statement for March 2017

Assets Total Liabilities

Current Assets Current Liabilities
Cash $ 123,000.00 Accounts Payable
Accounts Receivable $ 75,000.00 Salaries
Inventories $ 58,000.00 Interest
Prepaid Insurance $ 15,000.00 $ 271,000.00 Notes Payable

Long-term Investments Long-term Liabilities

Available Securities $ 29,000.00 $ 29,000.00 Long-term Notes Payable
Mortgage
Tangible Assets
Land $ 49,000.00 Stockholders' Equity
Building and Equipment $ 188,000.00 Capital Stock
Less Accumulated Depreciation $ (48,000.00) $ 189,000.00 Retained Earnings
Comprehensive Income/Loss
Intangible Assets
Goodwill $ 148,000.00 $ 148,000.00 Total Liabilities and Equity

Other Assets $ 14,000.00 $ 14,000.00

Total Assets ###

 Total
$ 62,000.00
$ 14,000.00
$ 12,000.00
$ 38,000.00 $ 126,000.00

$ 151,000.00
$ 103,000.00 $ 254,000.00

$ 178,000.00
$ 98,000.00
$ (5,000.00) $ 271,000.00

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