Top Entrepreneur Projected Balance Sheet

Projected Balance Sheet

Assets
Current Assets ###
Cash R 50,400.00
Inventory R 10,450.00
Accounts receivable R 47,900.00
Provision for income tax R 1,200.00

Fixed Assets ###

Machine R 60,000.00
Equipment R 95,000.00
Vehicle R 85,000.00
Trademark R 19,800.00
Goodwill R 19,800.00
Total Assets ###

Liabilities and Equity

Current liabilities R 40,500.00
Accounts payable (income tax) R 23,700.00
Creditors R 16,800.00
Long-term liabilities ###
Bank Loan R 261,000.00
Vehicle R 88,050.00
Total Liabilities and Owners Equity ###

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