Balance Sheet Template

Balance Sheet Template - Row Arizona Manufacturing l 2...

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Unformatted text preview: Row Arizona Manufacturing l 2 Balance Sheet ($8) 3 l 4 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 l Sen-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 5 Assets l 6 Current Assets 1 7 Cash This is the ending cash balance from the cash flow statement 8 Accounts Receivable i 9 Inventory 10 Total Current Assets Sum of rows 7 through 9 11 12 LongTerm Assets 13 Property & Equipment 14 Accumulated Depreciation 15 Total Long Term Assets Row 13 less row 14 1 16 Total Assets Sum of rows 10 & 15 1 17 18 Liabilities 19 Current Liabilities 20 Accounts Payable 21 Loan 1 This is the Current Portion of Loan 1 l 22 Current Portion of LTD Sum of all Current Debt 23 Total Current Liabilities Sum of rows 20 & 22 24 l l 25 Long-Term Liabilities H H 26 Loan 1 This is the Long Term portion of Loan 1 27 Long Term Debt (LTD) Sum of all Long Term Debt 28 Total Long Term Liabilities , Sum of all Long Term Liabilities 29 Total Liabilities _ Sum of rows 23 8: 28 30 31 Stock Issued Note 1 32 Retained Earnings Note 2 l 33 Owners' Equity Sum of rows 31 & 32 34 Total Liabilities &. Equity Sum of rows 29 & 33 (Also see Note 3) Notes: 1. Stock Issued for month N is the Stock Issued from Month N-1 plus any Stock Sol d in month N from the Cash Flow Statement. l 2. Retai ned Earnings for month N are the Retained Earnings from mont h N - 1 plus Net Income (fr om Income Statement) for month N. . Row 34 must equal row 16 (the Accounting Equation) or you have made an error. Arizona Manufacturing, Balance Sheet ($3) Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov— 14 Dec-14 Jan- 15 Feb- 15 Assets Current Assets Cash 6.000 2.000 11.500 21.000 30.500 40.000 49.500 68.500 87.500 Accounts Receivable lnventorv Total Current Assets 6.000 2.000 11.500 21.000 30.500 40.000 49.500 68.500 87.500 LongTerm Assets Property & Equipment Accumulated Depreciation Total Long Term Assets Total Assets 6.000 2.000 11.500 21.000 30.500 40.000 Liabilities Current Liabilities Accounts Payable Loan 1 Loan 2 Current Portion of LTD Total Current Liabilities Long-Term Liabilities Loan 1 Loan 2 Long Term Debt Total LT Liabilities Total Liabilities Stock Issued 10.000 10.000 10.000 10.000 10.000 10.000 10.000 10.000 10.000 10.000 10.000 10.000 Retained Earnings (4.0001 (8.0001 1.500 11.000 20.500 30.000 39.500 49.000 58.500 68.000 77.500 87.000 Owners' Equitv 6.000 2.000 11.500 21.000 30.500 40.000 49.500 59.000 68.500 78.000 87.500 97.000 Total Liabilities & Equitv 6.000 2.000 11.500 21.000 30.500 40.000 49.500 59.000 68.500 78.000 87.500 97.000 Balance Check: ...
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