SML DOUBLE J'S JELLYLICIOUS

BALANCE SHEET
February 31,2024

ASSETS LIABILITIES
Current Assets Current Liabilities
Cash 1,000 Notes Payable 100
Petty Cash 500 Accounts Payable 200
TemporaryInvestments 200 Wages Payable 200
Account Receivable-net 500 Interests payable 150
Inventory 1,500 Taxes payable 0
Supplies 1,200 Warranty liability 290
Prepaid insurance 0 Unearned Revenues 350
Total Current Assets 4,900 Total Current Liabilities 1,290
investment 600
PPE STOCKHOLDER'S EQUITY
Land 0 Common Stock 3,000
Equipments 500 Retained Earnings 2,000
Accum. Depreciation -250 Accum. other comprehensive income 560
PPE - NET 250 Less: Treasury Stock -100
Total Stockholder's Equity 5,460
Intangible Assets
Goodwill 450
Trade Names 350
Total Intangible assets 800

Other Assets 200

TOTAL ASSETS 6,750 TOTAL LIABILITIES AND EQUITY 6,750