Example Company
| (In USD) | Q1 | Q2 | Q3 | Q4 | Assets |
|---|---|---|---|---|
|
Current Assets: |
||||
|
Cash |
$105,542 |
$15,988 |
-$94,493 |
-$176,002 |
|
Accounts Receivable |
$4,328 |
$9,780 |
$21,181 |
$32,486 |
|
Inventory |
$0 |
$0 |
$0 |
$0 |
Total Current Assets |
$109,870 |
$25,768 |
-$73,312 |
-$143,516 |
|
Long-Term Assets: |
||||
|
Employee Computers |
$6,000 |
$8,000 |
$8,000 |
$8,000 |
|
Manufacturing Equip. |
$0 |
$100,000 |
$100,000 |
$100,000 |
|
Accumulated Depreciation |
-$350 |
-$1,742 |
-$4,717 |
-$7,692 |
Total Net Fixed Assets |
$5,650 |
$106,258 |
$103,283 |
$100,308 |
Total Assets |
$115,520 |
$132,027 |
$29,971 |
-$43,208 |
Liabilities & Equity |
|
Current Liabilities: |
||||
|
Accounts Payable |
$0 |
$0 |
$0 |
$0 |
Total Current Liabilities |
$0 |
$0 |
$0 |
$0 |
|
Long-Term Liabilities: |
||||
|
Manufacturing Equip. |
$0 |
$98,603 |
$94,364 |
$90,050 |
Total Long-Term Liabilities |
$0 |
$98,603 |
$94,364 |
$90,050 |
Total Liabilities |
$0 |
$98,603 |
$94,364 |
$90,050 |
|
Shareholders Equity: |
||||
|
Paid in Capital |
$100,000 |
$100,000 |
$100,000 |
$100,000 |
|
Common Stock |
$50,000 |
$50,000 |
$50,000 |
$50,000 |
|
Preferred Stock |
$0 |
$0 |
$0 |
$0 |
|
Retained Earnings |
-$34,480 |
-$116,577 |
-$214,392 |
-$283,257 |
Total Shareholder Equity |
$115,520 |
$33,423 |
-$64,392 |
-$133,257 |
Total Liabilities & Equity |
$115,520 |
$132,027 |
$29,971 |
-$43,208 |