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Based on Harvard Farm Winery Case Projected Balance Sheet Projected Balance Sheet Without Investment With Investment 2014 2014 Assets Assets Cash and Equivelants 14.346.00) Cash
Based on Harvard Farm Winery Case
Projected Balance Sheet Projected Balance Sheet Without Investment With Investment 2014 2014 Assets Assets Cash and Equivelants 14.346.00) Cash and Equivelants (84.346.00) Cash Recieviable 20.000.00 Cash Recieviable $ 20.000.00 Inventory Finished Products $ 144.374.00 Inventory Finished Products $ 144,374.00 Inventory in Process 515,210.00 Inventory in Process 515,210.00 Other Assets 3,003.00 Other Assets $ 8,003.00 Total Current Assets 683.247.00 Total Current Assets $ 603,247.00 Fixed Assets Fixed Assets PP&E 233,070.00 PP&E $ 313,070.00 Depreication 164.037.00 Depreication 164.037.00 Total fixed 69,033.00 Total fixed $ 149,033.00 Total Assets 64 752.280.00 Total Assets 752.280.00 Liabilities Liabilities Accounts payable 1.000.00 Accounts payable $ 1.000.00 Credit Cards $ 12,000.00 Credit Cards $ 12,000.00 Total Liabilities 13,000.00 Total Liabilities 13,000.00 Equity Equity Capital Contributions $ 782.179.00 Capital Contributions 782.179.00 Retained Earnings (42,899.00) Retained Earnings (42.893.00) 739,280.00 739,280.00 Total L & E $ 752.280.00 Total L & E 752.280.00Step by Step Solution
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