Janet Janitorial Spreadsheet - ACME Office Cleaning...

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ACME Office Cleaning Services Balance Sheet As of 12/31 Year 1 % of Total Assets Year 2 % of Total Assets Current Assets: Cash 26,058 10.15% 22,100 11.27% Accounts Receivable 15,212 6.13% 18,406 9.39% Investments - Marketable securities 20,000 8.06% 20,000 10.20% Supplies Inventory 34,430 13.88% 11,822 6.03% Prepaid Rent 7,403 2.98% 8,059 4.11% Total current Assets 103,103 41.57% 80,387 41.00% Property: Cleaning Equipment 43,000 17.34% 43,000 21.93% Vans 130,000 52.41% 130,000 66.31% Office Furniture 15,000 60.50% 16,000 8.16% Office Equipment 12,000 4.84% 12,000 6.12% Total Property, Plant & Equipment 200,000 90.63% 201,000 102.52% Less Accumulated Depreciation (60,067) (120,334) Net Property, Plant & Equipment 139,933 56.42% 80,666 41.14% Other Assets: Rent Deposit 5,000 2.02% 5,000 2.55% Long term investments - 0.00% 30,000 15.30% Total Other Assets 5,000 2.02% 35,000 17.85% Total Assets 248,036 100.00% 196,053 100.00% Current Liabilities: Accounts Payable 42,377 28.85% 5,123 5.64% Accrued Wages Payable 1,641 1.12% 952 1.05% Short-Term portion of L.T. Debt 18,188 12.38% 19,309 21.28% Total Current Liabilities 62,206 42.35% 25,384 27.97% Long-Term Liabilities: Long-Term Note Payable 84,681 57.65% 65,372 72.03% Total Long-term Liabilities 84,681 57.65% 65,372 72.03% Total Liabilities 146,887 100.00% 90,756 100.00% Equity: Retained Earnings 21,149 20.91% 25,297 24.02% Janet Janitorial, Equity 80,000 79.09% 80,000 75.98% Total Equity 101,149 100.00% 105,297 100.00% Total Liabilities & Equity 248,036 196,053
ACME Office Cleaning Services Income Statement Year ended 12/31 Year 1 % of Sales

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