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  • Refbalancesheet 194928612892782

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    Jerick Ara
    4 views5 pages
    The balance sheets show the assets, liabilities, and owner's equity for Hotdog on Wheels from 2024-2028. Over the 5 year period, the company's cash and retained earnings increased substantially each year, growing from $1,251,585 in cash and $1,251,585 in retained earnings in 2024 to $17,087,475 in cash and $17,087,475 in retained earnings by 2028, indicating very successful operations and profits over that time frame.

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    The balance sheets show the assets, liabilities, and owner's equity for Hotdog on Wheels from 2024-2028. Over the 5 year period, the company's cash and retained earnings increased substantially each year, growing from $1,251,585 in cash and $1,251,585 in retained earnings in 2024 to $17,087,475 in cash and $17,087,475 in retained earnings by 2028, indicating very successful operations and profits over that time frame.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    4 views5 pages

    Refbalancesheet 194928612892782

    Uploaded by

    Jerick Ara
    The balance sheets show the assets, liabilities, and owner's equity for Hotdog on Wheels from 2024-2028. Over the 5 year period, the company's cash and retained earnings increased substantially each year, growing from $1,251,585 in cash and $1,251,585 in retained earnings in 2024 to $17,087,475 in cash and $17,087,475 in retained earnings by 2028, indicating very successful operations and profits over that time frame.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 5

    HOTDOG ON WHEELS BALANCE SHEET

    FOR YEAR ENDED DECEMBER 31, 2024

    ASSETS
    CURRENT ASSETS
    CASH 1,251,585.00
    INVENTORY 30,000.00
    PREPAID EXPENSES 68,814.00
    NON-CURRENT ASSETS
    TOOLS AND EQUIPMENTS 141,186.00
    TOTAL ASSETS 1,491,585.00

    LIABILITIES AND OWNER'S EQUITY


    OWNERS EQUITY (HOTDOG ON WHEELS) 240,000.00
    RETAINED EARNINGS 1,251,585.00
    TOTAL LIABILITIES AND OWNER'S EQUITY 1,491,585.00

    HOTDOG ON WHEELS STATEMENT OF CHANGES IN OWNER'S EQUITY FOR YEAR ENDED


    DECEMBER 31,2024

    OWNERS EQUITY (HOTDOG ON WHEELS) 240,000.00


    ADD: RETAINED EARNINGS 1,251,585.00
    TOTAL OWNER'S EQUITY 1,491,585.00
    HOTDOG ON WHEELS BALANCE SHEET
    FOR YEAR ENDED DECEMBER 31, 2025

    ASSETS
    CURRENT ASSETS
    CASH 3,221,490.00
    INVENTORY 30,000.00
    PREPAID EXPENSES 68,814.00
    NON-CURRENT ASSETS
    TOOLS AND EQUIPMENTS 141,186.00
    TOTAL ASSETS 3,461,490.00

    LIABILITIES AND OWNER'S EQUITY


    OWNERS EQUITY 240,000.00
    RETAINED EARNINGS 3,221,490.00
    TOTAL LIABILITIES AND OWNER'S EQUITY 3,461,490.00

    HOTDOG ON WHEELS STATEMENT OF CHANGES IN OWNER'S EQUITY FOR YEAR ENDED


    DECEMBER 31,2025

    OWNERS EQUITY (HOTDOG ON WHEELS) 240,000.00


    CASH ON HAND 1,251,585.00
    ADD: RETAINED EARNINGS 1,969,905.00
    TOTAL OWNER'S EQUITY 3,461,490.00
    HOTDOG ON WHEELS BALANCE SHEET
    FOR YEAR ENDED DECEMBER 31, 2026

    ASSETS
    CURRENT ASSETS
    CASH 6,147,695.00
    INVENTORY 30,000.00
    PREPAID EXPENSES 68,814.00
    NON-CURRENT ASSETS
    TOOLS AND EQUIPMENTS 141,186.00
    TOTAL ASSETS 6,387,695.00

    LIABILITIES AND OWNER'S EQUITY


    OWNERS EQUITY 240,000.00
    RETAINED EARNINGS 6,147,695.00
    TOTAL LIABILITIES AND OWNER'S EQUITY 6,387,695.00

    HOTDOG ON WHEELS STATEMENT OF CHANGES IN OWNER'S EQUITY FOR YEAR ENDED


    DECEMBER 31,2025

    OWNERS EQUITY (HOTDOG ON WHEELS) 240,000.00


    CASH ON HAND 3,221,490.00
    ADD: RETAINED EARNINGS 2,926,205.00
    TOTAL OWNER'S EQUITY 6,387,695.00
    HOTDOG ON WHEELS BALANCE SHEET
    FOR YEAR ENDED DECEMBER 31, 2027

    ASSETS
    CURRENT ASSETS
    CASH 11,130,675.00
    INVENTORY 30,000.00
    PREPAID EXPENSES 68,814.00
    NON-CURRENT ASSETS
    TOOLS AND EQUIPMENTS 141,186.00
    TOTAL ASSETS 11,370,675.00

    LIABILITIES AND OWNER'S EQUITY


    OWNERS EQUITY 240,000.00
    RETAINED EARNINGS 11,130,675.00
    TOTAL LIABILITIES AND OWNER'S EQUITY 11,370,675.00

    HOTDOG ON WHEELS STATEMENT OF CHANGES IN OWNER'S EQUITY FOR YEAR ENDED


    DECEMBER 31,2025

    OWNERS EQUITY (HOTDOG ON WHEELS) 240,000.00


    CASH ON HAND 6,147,695.00
    ADD: RETAINED EARNINGS 4,982,980.00
    TOTAL OWNER'S EQUITY 11,370,675.00
    HOTDOG ON WHEELS BALANCE SHEET
    FOR YEAR ENDED DECEMBER 31, 2028

    ASSETS
    CURRENT ASSETS
    CASH 17,087,475.00
    INVENTORY 30,000.00
    PREPAID EXPENSES 68,814.00
    NON-CURRENT ASSETS
    TOOLS AND EQUIPMENTS 141,186.00
    TOTAL ASSETS 17,327,475.00

    LIABILITIES AND OWNER'S EQUITY


    OWNERS EQUITY 240,000.00
    RETAINED EARNINGS 17,087,475.00
    TOTAL LIABILITIES AND OWNER'S EQUITY 17,327,475.00

    HOTDOG ON WHEELS STATEMENT OF CHANGES IN OWNER'S EQUITY FOR YEAR ENDED


    DECEMBER 31,2025

    OWNERS EQUITY (HOTDOG ON WHEELS) 240,000.00


    CASH ON HAND 11,130,675.00
    ADD: RETAINED EARNINGS 5,956,800.00
    TOTAL OWNER'S EQUITY 17,327,475.00

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