WebThunder Bay Mobile Pet Grooming Balance Sheet June 30, 2024 Assets Cash 3800 Liabilities Accounts payable Salaries payable 4200 4800 Grooming supplies Prepaid insurance Truck 3200 2900 2400 Unearned service revenue Total liabilities 10300 42000 7200 Acc. amort, truck 34800 Owner's Equity Leigh Wilton, capital 26350 45800 36650 … WebPro Forma Balance Sheet Assets: Year 1: Year 2: Year 3: Current Assets: Cash: $275,000: $308,000: $338,800: Accounts Receivable: $24,000: $26,880: $30,213: Inventory: $4,300: $4,816: $4,900: Other Current …

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WebWe are confident that even though we have a loss in the first months after opening, we will be profitable in the future as years go on and business increases. Pro Forma Profit and Loss. Year 1. Year 2. Year 3. Sales. $149,729. $180,000. WebThe balance sheet equation is the foundation of the dual entry system of accounting Dual Entry System Of Accounting Double Entry Accounting System is an accounting approach which states that each & every business transaction is recorded in at least 2 accounts, i.e., a Debit & a Credit. Furthermore, the number of transactions entered as the debits must be … linkin park preise

Dog Grooming Business Plan [Free Template] Upmetrics

WebDog grooming equipment, supplies, and materials: $70,000 Three months of overhead expenses (payroll, utilities): $110,000 Marketing costs: $10,000 Working capital: $10,000 … Web25 feb. 2024 · Put simply, your balance sheet shows a “snapshot” of your company’s financial standing. It’s also known as the statement of financial position. It’s key because it shows, at a glance, what you owe and what you own. It breaks down your business profitability. Your balance sheet itemizes your assets, liabilities, and your own equity. bluetooth piano keyboard akai