UNIVERSAL CONSTRUCTION

Jl. Margondang Raya No. 518

BALANCE SHEET Agust 16,2021
ASSETS LIABILITIES

CURRENT ASSETS CURRENT LIABILITAS

Rainer Bank : Redmond 14,230.14 Account Payable 126,305..28
City Bank : Balinger 421,31 FIT Payable 2,684.60
First Western Bank : 10 225,858.79 SIT Payable 299.80
Cash : Total 37,237.25 FICA Payable 951.00
Account Receivable 193,233.00 FUTA Payable 84.20
Advances Receivable 1,200.00 SUTA Payable 84.20
Receivable : Total 194,432.00 SDI Payable 133.00
Prepaid Insurance 4,680.57 Local Payable 200.53
TOTAL CURRENT ASSETS 236,667.70 Union Payable 120.53
Medical Payable 150.00
INVENTORY ASSETS Dental Payable 100.00
Concrete Block 8,549.62 Payroll Payable : Total 4,807.33
Sand & Gravel 6,372.50 Sales Tax Payable 5,336.36
Lumber 10,745.56 TOTAL CURRENT LIABILITIES 136,450.97
TOTAL INVENTORY ASSETS 25,667.70
LONG TERM LIABILITIES
Mortgage 7,500.00
Vehicle Loan 1,200.00
TOTAL LONG TERM LIABILTIES 8,700.00

FIXED ASSETS EQUITY

Land 180,000.00
Buildings 138,500.00 PAID IN CAPITAL
Equipment 186,153.45 Class A Common 50,000.00
Vehicles 6,927.56 Class B Common 283,678.28
TOTAL FIXED ASSETS 511,591.01 TOTAL PAID IN CAPITAL 333,,679.28

EARNING
Retained Earning 216,487.10
Current Earning 78,291.18
TOTAL EARNING 294,778.28
TOTAL EQUITY 628,457.58

TOTAL ASSETS 773,591.53 LIABILITIES AND EQUITY 773,606.53