Voice: (818) 352-0384
Email: info@totaltaxsolutions.com
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Total Tax Solutions

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