2019 15,187 13.289 2 9,569 56,320 1 New Smyrna Surf Shop 2 Balance Sheets 3 For the Years 2019 and 2020 4 2020 5 Cash $ 20,966 $ 6 Accounts receivable 29,523 7 Inventories 8 Total Current Assets 9 Gross fixed assets 58,765 10 Accumulated depreciation 14,640 11 Net Fixed Assets 44,125 12 Total assets 116,179 13 14 Accounts payable $ 13,975 15 Notes payable 16 Total Current Liabilities 17 Long-term debt 12,125 18 Total Liabilities 29,150 19 Common stock 10,125 20 Additional paid in capital 21 Retained earnings 22 Total Equity 23 Total Liabilities & Equity 24 25 Notes: 26 Shares Outstanding 6,075 18,461 29,831 1,013 15,351 7,500 2019 15,187 13.289 2 9,569 56,320 1 New Smyrna Surf Shop 2 Balance Sheets 3 For the Years 2019 and 2020 4 2020 5 Cash $ 20,966 $ 6 Accounts receivable 29,523 7 Inventories 8 Total Current Assets 9 Gross fixed assets 58,765 10 Accumulated depreciation 14,640 11 Net Fixed Assets 44,125 12 Total assets 116,179 13 14 Accounts payable $ 13,975 15 Notes payable 16 Total Current Liabilities 17 Long-term debt 12,125 18 Total Liabilities 29,150 19 Common stock 10,125 20 Additional paid in capital 21 Retained earnings 22 Total Equity 23 Total Liabilities & Equity 24 25 Notes: 26 Shares Outstanding 6,075 18,461 29,831 1,013 15,351 7,500