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BALANCE SHEET
A TO B COMPANY
BALANCE SHEET
For Period Ending December 31, 1998
ASSETS Cash
Merchant Checking Account
1,256.00
Merchant Savings Account
8,600.00
Petty Cash
100.00
Total Cash
9,956.00
Other Assets
Vehicles
11,385.00
Buildings
50,483.25
Equipment
43,249.04
Furnishings
13,317.67
Stocks & Bonds
16,588.00
Total Other Assets
135,022.96
TOTAL ASSETS
144,978.96
LIABILITIES & EQUITY Liabilities
Bank Line of Credit
35,000.00
Mortgages Due
45,554.00
Total Liabilities
80,554.00
Equity
Owner's Equity
64,424.96
Total Equity
64,424.96
TOTAL LIABILITIES & EQUITY
144,978.96
Please refer to Profit & Loss Statement example.
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Total Tax Solutions, Inc.
Email: info@totaltaxsolutions.com
Voice: (818) 352-0384 Fax: (818)
352-8684
Post Office Box 10865 Glendale, CA 91209-3865