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5:39 PM Sammy Pee Farms

12/03/23 Balance Sheet


Accrual Basis As of December 31, 2023

Dec 31, 23
ASSETS
Current Assets
Checking/Savings
GCB Bank - Sammy Pee Farms 500,000.00
GT Bank - Sammy Pee Farms 15,000,000.00

Total Checking/Savings 15,500,000.00

Other Current Assets


Inventory Asset 6,557.50

Total Other Current Assets 6,557.50

Total Current Assets 15,506,557.50

Fixed Assets
Farm Building and Structure 13,000,000.00
Farm Equipment 304,000.00
Farms Lands 5,000,000.00
Land 5,000,000.00

Total Fixed Assets 23,304,000.00

TOTAL ASSETS 38,810,557.50

LIABILITIES & EQUITY


Liabilities
Current Liabilities
Accounts Payable
Accounts Payable 20,813,557.50

Total Accounts Payable 20,813,557.50

Total Current Liabilities 20,813,557.50

Total Liabilities 20,813,557.50

Equity
J Y Koranteng 3,000,000.00
John K. Ferguson 15,000,000.00
Net Income -3,000.00

Total Equity 17,997,000.00

TOTAL LIABILITIES & EQUITY 38,810,557.50

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