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XYZ Co.

Statement of Financial Position


As of December 31, 200A XYZ Co.
Statement of Financial Position
Assets As of December 31, 200A
Current Assets
Cash xx Assets
Accounts Receivable xx Current Assets
Notes Receivable
Inventory xx
Supplies
Prepaid Expenses Total Current Assets
Total Current Assets xx
Noncurrent Assets
Noncurrent Assets
Land xx
Building xx
Furniture and Fixtures xx Total Noncurrent Assets
Machineries and Equipment Total Assets
Total Noncurrent Assets xx
Total Assets xx Liabilities and Owner’s Equity
Current Liabilities
Liabilities and Owner’s Equity
Current Liabilities
Accounts Payable xx
Notes Payable xx Total Current Liabilities
Accrued Expenses xx
Unearned Income Noncurrent Liabilities
Total Current Liabilities xx

Noncurrent Liabilities
Mortgage Payable xx Total Noncurrent Liabilities
Total Noncurrent Liabilities xx Total Liabilities
Total Liabilities xx
Owner’s Equity
Owner’s Equity xx
Total Liabilities and Owner’s Equity
Total Liabilities and Owner’s Equity xx
XYZ Co.
Statement of Financial Position
As of December 31, 200A

Assets Liabilities and Owner’s Equity


Current Assets Current Liabilities
Cash xx Accounts Payable xx
Accounts Receivable xx Notes Payable xx
Notes Receivable xx Accrued Expenses xx
Inventory xx Unearned Income xx
Supplies xx Total Current Liabilities xx
Prepaid Expenses xx
Total Current Assets xx Noncurrent Liabilities
Mortgage Payable xx
Noncurrent Assets Total Liabilities xx
Land xx
Building xx Owner’s Equity xx
Furniture and Fixtures xx
Machineries and Equipment xx
Total Noncurrent Assets xx

Total Assets xx Total Liabilities and Owner’s Equity xx


s

XYZ Co.
Statement of Financial Position
As of December 31, 200A

Assets Liabilities and Owner’s Equity


Current Assets Current Liabilities

Total Current Assets Total Current Liabilities

Noncurrent Assets Noncurrent Liabilities

Total Noncurrent Assets Total Noncurrent Liabilities

Owner’s Equity
Total Assets Total Liabilities and Owner’s Equity

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