Fill and Sign the Form 11111

Sample Document THE BALANCE SHEET The Balance Sheet is a measure of the solvency of the business, and the degree of the owner’s investment which, in the last analysis, is the “cushion” that protects creditors. Illustrated below is a typical balance sheet format (applicable to any type of business). Name of Company Address To Balance Sheet As Of CURRENT ASSETS: LONG-TERM ASSETS: 20 • Cash on Hand and in Banks ........................... $ • Accounts Receivable ....................................... • Notes Receivable, Trade .................................. • Notes Receivable, Other .................................. • Inventory ........................................................ • Marketable Securities ..................................... • Other Current Assets ...................................... Total Current Assets: • Real Estate...................................................... • Machinery & Equipment ................................. • Other Assets (attach list if needed) ................. • Deferred, Prepaid, Intangible Expenses ........... Total Long-Term Assets: Total Assets: • Notes Payable, Banks ...................................... $ CURRENT LIABILITIES: • Notes Payable, Other ....................................... • Accounts Payable, Current ............................. • Accounts Payable, Past Due ............................ • Accrued Federal, State Income Taxes .............. • Other Accrued Expenses ................................. • Current Portion Long-Term Debt .................... • Other Current Liabilities ................................. Total Current Liabilities: • Mortgage Debt due after 1 year ....................... $ LONG-TERM LIABILITIES: • Equipment Debt due after 1 year .................... • Other Long-Term Debt .................................... Total Long-Term Liabilities: • Capital Account (Corporate Only).................... • Preferred Stock ................................................ • Common Stock ................................................ • Capital Surplus............................................... • Retained Earnings .......................................... Total Net Worth: Total Liabilities and Net Worth: $ $ $ $ $ $ $ NOTE: In order to complete the Balance Sheet properly, Total Assets must equal Total Liabilities plus Net Worth.