| cloud_ware |
| Balance Sheet |
| As of December 31, 2017 |
| | Total |
| ASSETS |
| Current Assets |
| Bank Accounts |
| 101 Checking | 51,620.51 |
| 205 loans payable | -17,275.00 |
| Total Bank Accounts | $34,345.51 |
| Accounts Receivable |
| 105 Accounts Receivable (A/R) | -260.00 |
| Total Accounts Receivable | -$260.00 |
| Other Current Assets |
| 115 Merchandise Inventory | 29,700.00 |
| 125 Prepaid Expenses | 1,500.00 |
| Total Other Current Assets | $31,200.00 |
| Total Current Assets | $65,285.51 |
| Fixed Assets |
| 135 Computer Equipment | 10,000.00 |
| 137 Accumulated Depreciation | -1,600.00 |
| Total Fixed Assets | $8,400.00 |
| TOTAL ASSETS | $73,685.51 |
| LIABILITIES AND EQUITY |
| Liabilities |
| Current Liabilities |
| Accounts Payable |
| 201 Accounts Payable (A/P) | 20,000.00 |
| Total Accounts Payable | $20,000.00 |
| Total Current Liabilities | $20,000.00 |
| Total Liabilities | $20,000.00 |
| Equity |
| 301 Common Stock | 60,000.00 |
| 305 Opening Balance Equity | 0.00 |
| 318 Retained Earnings |
| Net Income | -6,314.49 |
| Total Equity | $53,685.51 |
| TOTAL LIABILITIES AND EQUITY | $73,685.51 |
| Wednesday, Nov 01, 2017 02:54:35 PM GMT-7 - Accrual Basis |
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20171101221404december_balance_sheet__7_.xlsx
