sbseg-Balance-Sheet-Template
sbseg-Balance-Sheet-Template
sbseg-Balance-Sheet-Template
Fixed Assets:
Land - - -
Buildings - - -
Furniture and Equipment - - -
Computer Equipment - - -
Vehicles - - -
Less: Accumulated Depreciation - - -
Total Fixed Assets - - -
Other Assets:
Trademarks - - -
Patents - - -
Security Deposits - - -
Other Assets - - -
Total Other Assets - - -
-
TOTAL ASSETS $ - $ - $ -
LIABILITIES
Current Liabilities:
Accounts Payable $ - $ - $ -
Business Credit Cards - - -
Sales Tax Payable - - -
Payroll Liabilities - - -
Other Liabilities - - -
Current Portion of Long-Term Debt - - -
Total Current Liabilities - - -
Long-Term Liabilities:
Notes Payable - - -
Mortgage Payable - - -
Less: Current portion of Long-term debt - - -
Total Long-Term Liabilities - - -
EQUITY
Capital Stock/Partner's Equity - - -
Opening Retained Earnings - - -
Dividends Paid/Owner's Draw - - -
Net Income (Loss) - - -
Total Equity - - -
Notes on Preparation:
Note: You may want to print this information to use as reference later. To
delete these instructions, click the border of this text box and then press
the DELETE key.
Note: Enter data into cells beneath column headers and to the right of
rows headers that contain comments (red triangle in upper right corner
of cell). Explanations of what type of data should be entered into each
row are outlined in the row header's comments.
Step 2: Enter the 'Start Date to End Date' as MM/DD/YYYY in the Current
Period and Prior Period column headers. Please note that for the best
comparison to the Current Period, the Prior Period time frame should
cover the same number of days as the Current Period. Typically, the prior
period is the same timeframe but for the previous year. However, you
can use whatever timeframe you would like to compare the Current
Period to, such as the previous quarter or month.
Step 3: Enter the amounts in each cell of the Current Period column that
represents your company's balances for that a period.
Step 4: Enter the amounts in each cell of the Prior Period column that
represents your company's balances for that period.
Note: The Total Assets and Total Liabilities and Equity figures should
always be equal. If they are not equal, the Balance Sheet Check row will
indicate an error by highlighting the column with an issue.
Fixed Assets:
Land 150,000.00 150,000.00 -
Buildings 60,235.00 60,235.00 -
Furniture and Equipment 28,777.00 30,777.00 (2,000.00)
Computer Equipment 5,195.00 5,195.00 -
Vehicles 32,513.00 32,513.00 -
Less: Accumulated Depreciation (43,183.00) (45,201.00) 2,018.00
Total Fixed Assets 233,537.00 233,519.00 18.00
Other Assets:
Trademarks 4,171.00 4,171.00 -
Patents - - -
Security Deposits 1,500.00 1,500.00 -
Other Assets 583.00 600.00 (17.00)
Total Other Assets 6,254.00 6,271.00 (17.00)
-
TOTAL ASSETS $ 288,595.00 $ 287,090.00 $ 1,505.00
LIABILITIES
Current Liabilities:
Accounts Payable $ 18,237.00 $ 18,000.00 $ 237.00
Business Credit Cards 7,523.00 6,000.00 1,523.00
Sales Tax Payable 1,055.00 1,000.00 55.00
Payroll Liabilities 2,382.00 2,500.00 (118.00)
Other Liabilities 941.00 1,000.00 (59.00)
Current Portion of Long-Term Debt 12,111.00 12,111.00 -
Total Current Liabilities 42,249.00 40,611.00 1,638.00
Long-Term Liabilities:
Notes Payable 50,195.00 48,301.00 1,894.00
Mortgage Payable 148,222.00 146,231.00 1,991.00
Less: Current portion of Long-term debt (1,200.00) (1,200.00) -
Total Long-Term Liabilities 197,217.00 193,332.00 3,885.00
EQUITY
Capital Stock/Partner's Equity 20,000.00 20,000.00 -
Opening Retained Earnings 25,530.00 29,129.00 (3,599.00)
Dividends Paid/Owner's Draw (5,000.00) (5,000.00) -
Net Income (Loss) 8,599.00 9,018.00 (419.00)
Total Equity 49,129.00 53,147.00 (4,018.00)
Notes on Preparation:
Note: You may want to print this information to use as reference later. To
delete these instructions, click the border of this text box and then press
the DELETE key.
Note: Enter data into cells beneath column headers and to the right of
rows headers that contain comments (red triangle in upper right corner
of cell). Explanations of what type of data should be entered into each
row are outlined in the row header's comments.
Step 2: Enter the ‘Start Date to End Date' as MM/DD/YYYY in the Current
Period and Prior Period column headers. Please note that for the best
comparison to the Current Period, the Prior Period time frame should
cover the same number of days as the Current Period. Typically, the prior
period is the same timeframe but for the previous year. However, you
can use whatever timeframe you would like to compare the Current
Period to, such as the previous quarter or month.
Step 3: Enter the amounts in each cell of the Current Period column that
represents your company's balances for that a period.
Step 4: Enter the amounts in each cell of the Prior Period column that
represents your company's balances for that period.
Note: The Total Assets and Total Liabilities and Equity figures should
always be equal. If they are not equal, the Balance Sheet Check row will
indicate an error by highlighting the column with an issue.