Balance Sheet (Projected)

A&C SHOE CORPORATION

Beginning
as of 04/19/2016

Projected
as of 04/20/2020

$ 15,000
8,000
14,000
5,000
$ 42,000 [1]

$$-

$ 10,000
3,000
5,000
18,000
-

$-

Assets
Current Assets
Cash in bank
Accounts receivable
Inventory
Prepaid expenses
Other current assets
Total Current Assets
Fixed Assets
Machinery & equipment
Furniture & fixtures
Leasehold improvements
Land & buildings
Other fixed assets
(LESS accumulated
depreciation on all fixed
assets)
Total Fixed Assets (net of
depreciation)
Other Assets
Intangibles
Deposits
Goodwill
Other
Total Other Assets
TOTAL Assets

(5,000) [2]

- [3]

$ 31,000

$-

$ 2,000
3,000
1,000
$ 6,000

$$-

$ 79,000

$-

Balance Sheet (Projected)

A&C SHOE CORPORATION
Beginning
as of 04/19/2016

Projected
as of 04/20/2020

$ 10,000
5,000
8,000

$-

12,000
30,000
36.80%
$ 65,000

$-

$ 18,000
(15,000)
(30,000)
(20,000)
$ (47,000)

$$-

$ 18,000

$-

Owners' Equity
Invested capital
Retained earnings - beginning
Retained earnings - current
Total Owners' Equity

$ (5,000)
(15,000)
(35,000)
$ (55,000)

$$-

Total Liabilities & Equity

$ (37,000)

$-

Liabilities and Equity

Current Liabilities
Accounts payable
Interest payable
Taxes payable
Notes, short-term (due within
12 months)
Current part, long-term debt
Other current liabilities
Total Current Liabilities
Long-term Debt
Bank loans payable
Notes payable to stockholders
LESS: Short-term portion
Other long term debt
Total Long-term Debt
Total Liabilities

[1] Totals are calculated automatically.

[2] Make sure to enter this as a negative number!
[3] Make sure to enter this as a negative number!