Balance Sheet Items
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Whether you manage the finances at your work or at home, adequate communication is essential and important. Accurately keeping track of financial data is not only critical for running the day-to-day operations of your small or medium-sized business, but it is also important when seeking funds from investors or lenders to grow your business to the next level. The balance sheet is a report at a particular point in time that summarizes all of an entity's assets, liabilities, and equity. Therefore, it is a typical set of items that is recurring in the business and also on the balance sheet by general categories, such as Assets Cash, marketable securities, prepaid expenses, accounts receivable, inventory, and fixed assets and also expenditures.
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Looking for more? Our collection of financial documents, templates, forms, and spreadsheets includes templates designed specifically for small business owners, private individuals, or Finance Staff. Find financial projections to calculate your startup expenses, payroll costs, sales forecast, cash flow, income statement, balance sheet, break-even analysis, financial ratios, cost of goods sold, amortization and depreciation for your company. These financial templates also work with OpenOffice and Google Spreadsheets, so if you are operating your business on a very tight budget, hopefully, you'll be able to make these financial templates work for you as well.
Boomer Demolition Company,,,,,,,,,,,,Analysis component: Balance Sheet,,,,,,,,,,,, For Year Ended,,,,,,,,,,,, Account,Unadjusted Trial Balance,Adjustments,Adjusted Trial Balance,Income Statement,Balance Sheet Statement of Owner s Equity,,General Journal,,,,,, ,Debit,Credit,Debit,Credit,Debit,Credit,Debit,Credit,Debit,Credit,Date,Accounts and explanation,PR,Debit,Credit,Boomer Demolition Company,, Cash,9000,,,,,,Sept.,30,,,Income Statement,, Supplies,18000,,,,,,,,,"For the Year ended June 30, 2005",, Prepaid insurance,14600,,,,,,,,,Revenues:,, Equipment,140000,,,,,,,,,Demolition fees earned,, ,,,,,,,,,,,, "Accumulated amortization, equipment",10000,,,,,,,,,Operating expenses:,, Accounts payable,16000,,,,,,,,,"Amortization expense, equipment",, Interest payable,0,,,,,,,,,Wages expense,, Rent payable,0,,,,,,,,,Interest expense,, Wages payable,0,,,,,,,,,Insurance expense,, Business taxes payable,0,,,,,,,,,Rent expense,, Long-term notes payable,90000,,,,,,,,,Supplies expense,, "Rusty Boomer, capital",66900,,,,,,,,,Business taxes expense,, "Rusty Boomer, withdrawals",4000,,,,,,,,,Repairs expense,, Demolition fees earned,137000,,,,,,,,,Utilities expense,, "Amortization expense, equipment",0,,,,,,,,,Total operating expenses,0, Wages expense,51400,,,,,,,,,Net loss,0, Interest expesne,2200,,,,,,,,,,, Insurance expense,0,,,,,,,,,Boomer Demolition Company,, Rent expense,48800,,,,,,,,,Statement of Owner s Equity,, Supplies expense,0,,,,,,,,,"For the Year ended June 30, 2005",, Business taxes expense,8400,,,,,,,,,"R..
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