ASSETS = LIABILITIES + STOCKHOLDERS + REVENUE - EXPENSES EQUITY Cash Bike Parts A/P Common Stock Bike Sales Rent Repair Parts 10,000 10,000 2,500 2,500 (700) 700 1,200 1,200 (200) 200 (700) (700) 9,800 2,300 = 1,800 + 10,000 + 1,200 - 700 200 INCOME STATEMENT STATEMENT OF RETAINED EARNINGS BALANCE SHEET FOR MONTH ENDING JAN, 2015 FOR MONTH ENDING JAN, 2015 January 31, 2015 BIKE SALES $1,200 BEG BALANCE $- ASSETS CASH $9,800 RENT EX $700

NET INCOME 300 BIKE PARTS 2,300 PARTS USED $200 DIVIDENDS - TOTAL ASSETS $12,100 TOTAL EXP 900 LIABILITIES NET INCOME $300 ACCOUNTS PAYABLE $1,800 ENDING BALANCE

$300 STOCKHOLDERS EQUITY COMMON STOCK $10,000 RETAINED EARNINGS 300 TOTAL STOCKHOLDER EQUITY $10,300 TOTAL LIAB & STOCKHLDR EQUITY $12,100