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    Projected Balance Sheet

    Uploaded by

    Darius Legaspi

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Projected Balance Sheet

    Uploaded by

    Darius Legaspi
    6 views1 page

    Original Title

    Projected balance sheet

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    Copyright:

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    Download as docx, pdf, or txt
    6 views1 page

    Projected Balance Sheet

    Uploaded by

    Darius Legaspi

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Projected Balance Sheet

    2021 2022 2023


    Cash $75,147 $54,243 $72,948
    Accounts Receivable $4,140 $3,857 $5,079
    Inventory $106,663 $140,450 $140,449
    Other Current Assets
    Total Current Assets $185,950 $198,551 $218,476
    Long-Term Assets $4238,800 $48,800 $48,800
    Accumulated Depreciation ($4,880) ($9,760) ($14,640)
    Total Long-Term Assets $43,920 $39,040 $34,160
    Total Assets $229,870 $237,591 $252,636
    Accounts Payable $32,114 $40,836 $40,835
    Income Taxes Payable $512 $1,315 $2,838
    Sales Taxes Payable $32,190 $23230,187 $39,750
    Short-Term Debt $16,810 $17,847 $18,948
    Prepaid Revenue
    Total Current Liabilities $81,626 $90,185 $102,371
    Long-Term Debt $58,640 $240,792 $21,845
    Long-Term Liabilities $58,640 $240,792 $231,845
    Total Liabilities $140,266 $130,977 $1324,216
    Paid-In Capital $85,000 $85,000 $835,000
    Retained Earnings ($25,396) ($358,387)
    Earnings $4,604 $47,009 $101,8027
    Total Owner’s Equity $89,604 $106,4613 $128,421
    Total Liabilities & Equity $229,3870 $237,591 $252,6363

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