Assets
My business has a couple assets. For the current assets of my business I have cash, accounts receivable, and inventory. For cash I have $5,000. For accounts receivable I have $186,680. For inventory I have $627. I don’t have any less doubtful accounts, temporary investments, or prepaid expenses. For my fixed assets I only have plant and equipment. For plant and equipment I have $1,216. I don’t have any long-term investments. I don’t have any land. I don’t have any buildings. And I don’t have any furniture and fixtures. The total amount for my current assets is $192,307. The total for my fixed assets is $1,216. The amount of all my assets totaled up is $193,524.
Liabilities and Equity
My business has a few liabilities. For my businesses current liabilities I have $38,424 in accounts payable. For taxes payable I have $5,302. For accrued payroll I have $46,800. I don’t have any short-term notes. I don’t have any long-term notes. I don’t have any interest payable. The amount of my businesses total current liabilities is $90,526. The long-term liabilities for my business is $0 for a mortgage. In other long-term liabilities my business has $10,296. The total long-term liabilities for my business is $10,926. For the shareholders’ equity of my business there is $0 in capital stock. The retained earnings for my business is $92,702. The total shareholders equity for my business is $92,702. The total liabilities and equity for my business is $193,524.