Sample Balance Sheet
SAMPLE BALANCE SHEET
Most accounting balance sheets classify a company's assets and liabilities into distinctive groupings such as Current Assets; Property, Plant, and Equipment; Current Liabilities; etc. These classifications make the balance sheet more useful. The following balance sheet example is a classified balance sheet.
Sample Balance Sheet:
Example Company
Balance Sheet
December 31, 2010 ASSETS | | | LIABILITIES | Current Assets | | | Current Liabilities | | | Cash | $ 2,100 | | | Notes Payable | $ 5,000 | | Petty Cash | 100 | | | Accounts Payable | 35,900 | | Temporary Investments | 10,000 | | | Wages Payable | 8,500 | | Accounts Receivable - net | 40,500 | | | Interest Payable | 2,900 | | Inventory | 31,000 | | | Taxes Payable | 6,100 | | Supplies | 3,800 | | | Warranty Liability | 1,100 | | Prepaid Insurance | 1,500 | | | Unearned Revenues | 1,500 | | | Total Current Assets | 89,000 | | | | Total Current Liabilities | 61,000 | - | Investments | 36,000 | | Long-term Liabilities | | | | | | | Notes Payable | 20,000 | Property, Plant & Equipment | | | Bonds Payable | 400,000 | | Land | 5,500 | | | | Total Long-term Liabilities | 420,000 | | Land Improvements | 6,500 | | | | | | | Buildings | 180,000 | | | | | | | Equipment | 201,000 | | Total Liabilities | 481,000 | | Less: Accum Depreciation | (56,000) | | | | | | Prop, Plant & Equip - net | 337,000 | | | | | - | Intangible Assets | | | STOCKHOLDERS' EQUITY | | | Goodwill | 105,000 | | | Common Stock | 110,000 | | Trade Names | 200,000 | | | Retained Earnings | 229,000 | | | Total Intangible Assets | 305,000 | | | Less: Treasury Stock | (50,000) | | | | | | | Total Stockholders' Equity | 289,000 | Other Assets | 3,000 | | | | | - | Total Assets | $770,000 | | Total Liab. & Stockholders' Equity | $770,000 |
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Most accounting balance sheets classify a company's assets and liabilities into distinctive groupings such as Current Assets; Property, Plant, and Equipment; Current Liabilities; etc. These classifications make the balance sheet more useful. The following balance sheet example is a classified balance sheet.
Sample Balance Sheet:
Example Company
Balance Sheet
December 31, 2010 ASSETS | | | LIABILITIES | Current Assets | | | Current Liabilities | | | Cash | $ 2,100 | | | Notes Payable | $ 5,000 | | Petty Cash | 100 | | | Accounts Payable | 35,900 | | Temporary Investments | 10,000 | | | Wages Payable | 8,500 | | Accounts Receivable - net | 40,500 | | | Interest Payable | 2,900 | | Inventory | 31,000 | | | Taxes Payable | 6,100 | | Supplies | 3,800 | | | Warranty Liability | 1,100 | | Prepaid Insurance | 1,500 | | | Unearned Revenues | 1,500 | | | Total Current Assets | 89,000 | | | | Total Current Liabilities | 61,000 | - | Investments | 36,000 | | Long-term Liabilities | | | | | | | Notes Payable | 20,000 | Property, Plant & Equipment | | | Bonds Payable | 400,000 | | Land | 5,500 | | | | Total Long-term Liabilities | 420,000 | | Land Improvements | 6,500 | | | | | | | Buildings | 180,000 | | | | | | | Equipment | 201,000 | | Total Liabilities | 481,000 | | Less: Accum Depreciation | (56,000) | | | | | | Prop, Plant & Equip - net | 337,000 | | | | | - | Intangible Assets | | | STOCKHOLDERS' EQUITY | | | Goodwill | 105,000 | | | Common Stock | 110,000 | | Trade Names | 200,000 | | | Retained Earnings | 229,000 | | | Total Intangible Assets | 305,000 | | | Less: Treasury Stock | (50,000) | | | | | | | Total Stockholders' Equity | 289,000 | Other Assets | 3,000 | | | | | - | Total Assets | $770,000 | | Total Liab. & Stockholders' Equity | $770,000 |
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