Fillable Printable Classified Balance Sheet Example
Fillable Printable Classified Balance Sheet Example
Classified Balance Sheet Example
Assets
Current Assets
Bank 2,900.00$
Accounts Receivable
L. Brown 1,300.00$
K. Smith 700.00
Larson Incorporated 500.00
W.J. Thomson 600.00 3,100.00
Supplies 2,000.00
Total Current Assets: 8,000.00
Fixed Assets
Equipment 15,000.00$
Less: Accumulated Depreciation/Equipment 1,400.00 13,600.00
Automobiles 28,000.00
Less: Accumulated Depreciation/Automobiles 4,700.00 23,300.00
Office 90,000.00
Less: Accumulated Depreciation/Office 2,000.00 88,000.00
Total Fixed Assets 124,900.00
Total Assets:
132,900.00
$
Liabilities
Current Liabilities
Bank Loan 18,000.00$
A/P -- Future Shop 1,600.00
GST Payable 700.00$
Less: GST Recoverable 200.00 500.00
PST Payable 800.00
Total Current Liabilities: 20,900.00
Long-Term Liabilities
Mortgage Payable 80,000.00
Total Liabilities: 100,900.00$
Owner's Equity
S. Patrick, Capital
Balance as at August 31, 20-- 25,000.00$
Net Income 7,500.00$
Less: Drawings 500.00
Increase (decrease) in Capital 7,000.00
Balance as at September 30, 20-- 32,000.00
Total Liabilities & Owner's Equity
132,900.00
$
As at September 30, 20--
Balance Sheet
S. Patrick Consultants
