AcmeWidgetCorp
Balance Sheet
2019
2020
2021
Assets
|
2019 |
2020 |
2021 |
| Cash This is the cash we currently have on hand. |
$25 |
$30 |
$28 |
| Checking Our primary transactional account. |
$54 |
$56 |
$53 |
| Savings Funds set aside for emergencies. |
$500 |
$650 |
$728 |
| Total Assets |
$579 |
$736 |
$809 |
Liabilities
|
2019 |
2020 |
2021 |
| Loans The outstanding balance on our startup loan. |
$500 |
$250 |
$0 |
| Expenses Annual anticipated expenses, such as payroll. |
$200 |
$300 |
$400 |
| Credit The outstanding balance on our credit card. |
$50 |
$50 |
$75 |
| Total Liabilities |
$750 |
$600 |
$475 |
Net Worth
|
2019 |
2020 |
2021 |
| Total Net Worth |
$-171 |
$136 |
$334 |