Accounting Balance Sheet
Accounting Balance Sheet
The following Balance Sheet provides a comprehensive overview of the financial position of [Your Company Name] as of December 31, 2050. This statement is prepared in accordance with Generally Accepted Accounting Principles (GAAP) and presents a detailed analysis of the company’s assets, liabilities, and shareholders' equity.
I. Assets
A. Current Assets
|
Item |
Amount (USD) |
|---|---|
|
Cash and Cash Equivalents |
$150,000 |
|
Accounts Receivable |
$75,000 |
|
Inventory |
$120,000 |
|
Prepaid Expenses |
$10,000 |
|
Total Current Assets |
$355,000 |
B. Non-Current Assets
|
Item |
Amount (USD) |
|---|---|
|
Property, Plant & Equipment (Net) |
$800,000 |
|
Long-term Investments |
$250,000 |
|
Intangible Assets (Goodwill) |
$100,000 |
|
Total Non-Current Assets |
$1,150,000 |
C. Total Assets
|
Item |
Amount (USD) |
|---|---|
|
Total Assets (A + B) |
$1,505,000 |
II. Liabilities
A. Current Liabilities
|
Item |
Amount (USD) |
|---|---|
|
Accounts Payable |
$90,000 |
|
Short-term Loans |
$50,000 |
|
Accrued Expenses |
$15,000 |
|
Current Portion of Long-term Debt |
$40,000 |
|
Total Current Liabilities |
$195,000 |
B. Non-Current Liabilities
|
Item |
Amount (USD) |
|---|---|
|
Long-term Debt |
$300,000 |
|
Deferred Tax Liabilities |
$25,000 |
|
Pension Liabilities |
$35,000 |
|
Total Non-Current Liabilities |
$360,000 |
C. Total Liabilities
|
Category |
Amount (USD) |
|---|---|
|
Total Current Liabilities |
$195,000 |
|
Total Non-Current Liabilities |
$360,000 |
|
Total Liabilities |
$555,000 |
III. Shareholders’ Equity
|
Item |
Amount (USD) |
|---|---|
|
Common Stock |
$200,000 |
|
Retained Earnings |
$700,000 |
|
Additional Paid-in Capital |
$50,000 |
|
Total Shareholders' Equity |
$950,000 |
IV. Total Liabilities and Shareholders’ Equity
|
Category |
Amount (USD) |
|---|---|
|
Total Liabilities |
$555,000 |
|
Total Shareholders' Equity |
$950,000 |
|
Total Liabilities & Equity |
$1,505,000 |
