BALANCE SHEET
COMPANY NAME

As of ____________________________, 20____

Assets

Current assets

Cash $_______
Petty cash $_______
Accounts receivable $_______
Inventory $_______
Short-term investment $_______
Prepaid expenses $_______
Long-term investment $_______

Fixed assets

Land $_______
Buildings $_______
Improvements $_______
Equipment $_______
Furniture $_______
Automobile/vehicles $_______

Other assets

1. $_______
2. $_______
3. $_______
4. $_______

Total assets $______

Liabilities

Current Liabilities

Accounts payable $______

Notes payable $______

Interest payable $______

Taxes payable

Federal income tax $______

State income tax $______

Self-employment tax $______

Sales tax (SBE) $______

Property tax $______

Payroll accrual $______

Long-term liabilities

Notes payable $______

Total liabilities $______

Net worth (owner equity) $______

Proprietorship

or

Partnership

(name's) equity $_____

(name's) equity $_____

or

Capital stock $_____

Surplus paid in $_____

Retained earnings $_____

Total net worth $_____

(Total assets will always equal total liabilities and total net worth)

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