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SAMPLE BALANCE SHEET |
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Busy
Bee Service Company |
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Balance Sheet, December 31, 2008 |
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| Assets |
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Liabilities |
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| Cash |
$18,500.00 |
|
Accounts Payable |
$13,355.00 |
| Investments
|
$22,000.00 |
|
Notes Payable |
$
2,000.00 |
| Accounts
Receivable |
$19,766.00 |
|
Mortgage |
$26,800.00 |
| Materials
and Supplies |
$
2,000.00 |
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| Equipment
|
$11,200.00 |
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| Total
Assets |
$73,466.00 |
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Total Liabilities |
$42,155.00 |
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Net Worth |
$31,311.00 |
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Total Liabilities
and Net Worth |
$73,466.00 |
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Financial Statement #2 - Income Statement
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SAMPLE INCOME STATEMENT |
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Busy Bee Service Company |
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Income Statement for Year Ended September 30, 2008 |
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| Operating Revenue |
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Cash Sales |
$
35,609.00 |
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Charge Sales |
$100,346.00 |
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Other Revenue |
$
2,150.00 |
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| Total Operating Revenue |
|
$138,105.00 |
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| Operating Expenses |
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Salaries and Wages |
$
69,678.00 |
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Advertising |
$
15,340.00 |
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Rent |
$
21,000.00 |
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Utilities |
$
5,690.00 |
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Materials and Supplies |
$
4,088.00 |
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Other Expenses |
$
1,100.00 |
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| Total Operating Expenses |
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$116,896.00 |
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| Net Income |
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$
21,209.00 |
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