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  • Balance Sheet: Assets

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    Jorge Castillo
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    This balance sheet shows the assets, liabilities, and capital of a business as of a point in time. The business has $949,000 in total assets including $450,000 in cash and equivalents, $120,000 in inventory, and $150,000 in clients. It has $315,000 in total liabilities including $35,000 in accounts payable and $60,000 in taxes payable. The remaining balance of $634,000 is the business's capital. The balance sheet balances with total assets equal to total liabilities plus capital.

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    This balance sheet shows the assets, liabilities, and capital of a business as of a point in time. The business has $949,000 in total assets including $450,000 in cash and equivalents, $120,000 in inventory, and $150,000 in clients. It has $315,000 in total liabilities including $35,000 in accounts payable and $60,000 in taxes payable. The remaining balance of $634,000 is the business's capital. The balance sheet balances with total assets equal to total liabilities plus capital.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    4 views1 page

    Balance Sheet: Assets

    Uploaded by

    Jorge Castillo
    This balance sheet shows the assets, liabilities, and capital of a business as of a point in time. The business has $949,000 in total assets including $450,000 in cash and equivalents, $120,000 in inventory, and $150,000 in clients. It has $315,000 in total liabilities including $35,000 in accounts payable and $60,000 in taxes payable. The remaining balance of $634,000 is the business's capital. The balance sheet balances with total assets equal to total liabilities plus capital.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Jorge Joaquin Castillo Gomez 202002988

    Balance Sheet

    Assets Debe Haber


    1 Cash and equivalents 450,000
    2 Inventory 120,000
    3 Shophimg 80,000
    4 Accounts receivable 45,000
    5 Clients 150,000
    6 Vehicles 40,000
    7 Furniture and equipment 25,000
    8 Stationery and supplies 6,000
    9 Rental income 18,000
    10 Overhead 15,000
    Total de activos 949,000

    Liabilities
    11 Accounts payable 35,000
    12 Loans 50,000
    13 Notes payables 10,000
    14 Sales 160,000
    15 Taxes payable 60,000
    Total de pasivos 315,000

    Capital
    16 Capital 634,000

    equal sum 949,000 949,000

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