{"id":46,"date":"2023-11-30T04:01:19","date_gmt":"2023-11-30T04:01:19","guid":{"rendered":"http:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/?page_id=46"},"modified":"2023-12-03T04:29:47","modified_gmt":"2023-12-03T04:29:47","slug":"balance-sheet","status":"publish","type":"page","link":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/balance-sheet\/","title":{"rendered":"Balance Sheet"},"content":{"rendered":"\n
<\/col><\/col><\/colgroup>
Balance Sheet for Atomic Ballroom Dance Studio<\/td><\/td><\/tr>
As of December 31st, 2020<\/td>2020<\/td><\/tr>
Assets<\/td><\/td><\/tr>
Current Assets<\/td><\/td><\/tr>
Cash and Cash Equivalents<\/td>$30,000<\/td><\/tr>
Accounts Receivable<\/td>$22,000<\/td><\/tr>
Inventory<\/td>$7,000<\/td><\/tr>
Prepaid Expenses<\/td>$3,000<\/td><\/tr>
Total Current Assets<\/td>$62,000<\/td><\/tr>
Non-Current Assets<\/td><\/td><\/tr>
Property, Plant and Equipment<\/td>$60,000<\/td><\/tr>
Less: Accumulated Depreciation<\/td>($14,000)<\/td><\/tr>
Net Property, Plant and Equipment<\/td>$46,000<\/td><\/tr>
Intangible Assets<\/td>$15,000<\/td><\/tr>
Total Non-Current Assets<\/td>$61,000<\/td><\/tr>
Total Assets<\/td>$123,000<\/td><\/tr>
Liabilities<\/td><\/td><\/tr>
Current Liabilities<\/td><\/td><\/tr>
Accounts Payable<\/td>$15,000<\/td><\/tr>
Accrued Expenses<\/td>$7,000<\/td><\/tr>
Short-Term Loans<\/td>$5,000<\/td><\/tr>
Total Current Liabilities<\/td>$27,000<\/td><\/tr>
Non-Current Liabilities<\/td><\/td><\/tr>
Long-Term Loans<\/td>$10,000<\/td><\/tr>
Total Non-Current Liabilities<\/td>$10,000<\/td><\/tr>
Total Liabilities<\/td>$37,000<\/td><\/tr>
Shareholders\u2019 Equity<\/td><\/td><\/tr>
Common Stock<\/td>$10,000<\/td><\/tr>
Retained Earnings<\/td>$118,000<\/td><\/tr>
Total Shareholders\u2019 Equity<\/td>$128,000<\/td><\/tr>
Total Liabilities and Shareholders\u2019 Equity<\/td>$123,000<\/td><\/tr><\/tbody><\/table><\/div><\/pre>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Balance Sheet for Atomic Ballroom Dance StudioAs of December 31st, 20202020AssetsCurrent AssetsCash and Cash Equivalents$30,000Accounts Receivable$22,000Inventory$7,000Prepaid Expenses$3,000Total Current Assets$62,000Non-Current AssetsProperty, Plant and Equipment$60,000Less: Accumulated Depreciation($14,000)Net Property, Plant and Equipment$46,000Intangible Assets$15,000Total Non-Current Assets$61,000Total Assets$123,000LiabilitiesCurrent LiabilitiesAccounts Payable$15,000Accrued Expenses$7,000Short-Term Loans$5,000Total Current Liabilities$27,000Non-Current LiabilitiesLong-Term Loans$10,000Total Non-Current Liabilities$10,000Total Liabilities$37,000Shareholders\u2019 EquityCommon Stock$10,000Retained Earnings$118,000Total Shareholders\u2019 Equity$128,000Total Liabilities and Shareholders\u2019 Equity$123,000<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-46","page","type-page","status-publish"],"_links":{"self":[{"href":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/wp-json\/wp\/v2\/pages\/46","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/wp-json\/wp\/v2\/comments?post=46"}],"version-history":[{"count":4,"href":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/wp-json\/wp\/v2\/pages\/46\/revisions"}],"predecessor-version":[{"id":160,"href":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/wp-json\/wp\/v2\/pages\/46\/revisions\/160"}],"wp:attachment":[{"href":"https:\/\/atomicballroom.anneliesesilvestre.lmu.build\/blog\/wp-json\/wp\/v2\/media?parent=46"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}