Example Company
| (In USD) | Q1 | Q2 | Q3 | Q4 | Assets |
|---|---|---|---|---|
|
Current Assets: |
||||
|
Cash |
-$263,428 |
-$311,334 |
-$306,376 |
-$247,532 |
|
Accounts Receivable |
$44,555 |
$58,398 |
$90,032 |
$109,495 |
|
Inventory |
$0 |
$0 |
$0 |
$0 |
Total Current Assets |
-$218,873 |
-$252,936 |
-$216,344 |
-$138,037 |
|
Long-Term Assets: |
||||
|
Employee Computers |
$10,000 |
$10,000 |
$10,000 |
$10,000 |
|
Manufacturing Equip. |
$100,000 |
$100,000 |
$100,000 |
$100,000 |
|
Accumulated Depreciation |
-$10,817 |
-$13,942 |
-$17,067 |
-$20,192 |
Total Net Fixed Assets |
$99,183 |
$96,058 |
$92,933 |
$89,808 |
Total Assets |
-$119,690 |
-$156,878 |
-$123,411 |
-$48,228 |
Liabilities & Equity |
|
Current Liabilities: |
||||
|
Accounts Payable |
$0 |
$0 |
$0 |
$0 |
Total Current Liabilities |
$0 |
$0 |
$0 |
$0 |
|
Long-Term Liabilities: |
||||
|
Manufacturing Equip. |
$85,660 |
$81,192 |
$76,647 |
$72,021 |
Total Long-Term Liabilities |
$85,660 |
$81,192 |
$76,647 |
$72,021 |
Total Liabilities |
$85,660 |
$81,192 |
$76,647 |
$72,021 |
|
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 |
$201,180 |
$114,616 |
$12,254 |
-$61,237 |