4:52 AM Jennings & Associates

10/31/20
Balance Sheet Dec 2014
Accrual Basis As of December 31, 2014
Dec 31, 14

ASSETS
Current Assets
Checking/Savings 1,000.00
First Valley Savings & Loan
Union Bank Checking 2,590.00
Total Checking/Savings 3,590.00

Accounts Receivable 3,250.00

Accounts Receivable
Total Accounts Receivable 3,250.00

Total Current Assets 6,840.00

Fixed Assets
Computer Equipment 4,000.00
Original Cost
Depreciation -1,000.00
Total Computer Equipment 3,000.00

Furniture 2,500.00
Original Cost
Depreciation -500.00
Total Furniture 2,000.00

Total Fixed Assets 5,000.00

TOTAL ASSETS 11,840.00

LIABILITIES & EQUITY

Liabilities
Current Liabilities
Accounts Payable 1,000.00
Accounts Payable
Total Accounts Payable 1,000.00

Total Current Liabilities 1,000.00

Long Term Liabilities 5,000.00

Bank of San Martin
Total Long Term Liabilities 5,000.00

Total Liabilities 6,000.00

Equity 3,590.00
Opening Bal Equity
Net Income 2,250.00
Total Equity 5,840.00

TOTAL LIABILITIES & EQUITY 11,840.00

Julia Martina Gueta Page 1