Example Company
| (In USD) | Q1 | Q2 | Q3 | Q4 | Assets |
|---|---|---|---|---|
|
Current Assets: |
||||
|
Cash |
-$153,023 |
-$24,446 |
$136,681 |
$341,248 |
|
Accounts Receivable |
$123,775 |
$134,588 |
$161,029 |
$181,470 |
|
Inventory |
$0 |
$0 |
$0 |
$0 |
Total Current Assets |
-$29,248 |
$110,142 |
$297,710 |
$522,719 |
|
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 |
-$23,317 |
-$26,442 |
-$29,567 |
-$32,692 |
Total Net Fixed Assets |
$86,683 |
$83,558 |
$80,433 |
$77,308 |
Total Assets |
$57,436 |
$193,700 |
$378,143 |
$600,027 |
Liabilities & Equity |
|
Current Liabilities: |
||||
|
Accounts Payable |
$0 |
$0 |
$0 |
$0 |
Total Current Liabilities |
$0 |
$0 |
$0 |
$0 |
|
Long-Term Liabilities: |
||||
|
Manufacturing Equip. |
$67,313 |
$62,523 |
$57,649 |
$52,688 |
Total Long-Term Liabilities |
$67,313 |
$62,523 |
$57,649 |
$52,688 |
Total Liabilities |
$67,313 |
$62,523 |
$57,649 |
$52,688 |
|
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 |
$182,833 |
$95,946 |
-$6,744 |
-$80,569 |