trial balance 1/31/18

BALANCE SHEET
As of January 31, 2018

TOTAL
ASSETS
Current Assets
Bank Accounts
Checking 0.00
Total Bank Accounts $0.00
Accounts Receivable
ACCOUNTS RECIEVABLE 1,030.00
Total Accounts Receivable $1,030.00
Other Current Assets
Inventory Asset 8,700.00
Prepaid Expenses 3,000.00
Uncategorized Asset 5,000.00
Total Other Current Assets $16,700.00
Total Current Assets $17,730.00
Fixed Assets
Furniture & Fixtures
Depreciation -10,000.00
Original cost 40,000.00
Total Furniture & Fixtures 30,000.00
Total Fixed Assets $30,000.00
TOTAL ASSETS $47,730.00

LIABILITIES AND EQUITY

Liabilities
Current Liabilities
Accounts Payable
Accounts Payable (A/P) -4,500.00
Total Accounts Payable $ -4,500.00
Total Current Liabilities $ -4,500.00
Long-Term Liabilities
Notes Payable 60,000.00
Total Long-Term Liabilities $60,000.00
Total Liabilities $55,500.00
Equity
Common Stock 1,000.00
Opening Balance Equity -10,000.00
Retained Earnings 2,000.00
Net Income -770.00
Total Equity $ -7,770.00
TOTAL LIABILITIES AND EQUITY $47,730.00

Accrual Basis Wednesday, April 26, 2017 07:01 PM GMT-7 1/1