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Peyton Approved Balance Sheet As of December 31, 2016 Assets Liabilities and Owners' Equity Current Assets Cash Accounts Receivable Baking Supplies Merchandise Inventory Prepaid Rent
Peyton Approved Balance Sheet As of December 31, 2016 Assets Liabilities and Owners' Equity Current Assets Cash Accounts Receivable Baking Supplies Merchandise Inventory Prepaid Rent Prepaid Insurance Misc. Supplies Current Liabilities: Accounts Pavable Wages Payable Interest Payable 43,165.39 42,633.00 7,318.86 794.97 1,665.00 1,110.00 55.50 16,970.00 1,532.80 166.50 Total Current Assets 96,742.72 Total Current Liabilities 18,669.30 Long Term Liabilities: Notes Payable Total Long Term Liabilities Long lenm/Fixed Assets: 15,000.00 Baking Equipment 8,000.00 928.58 15,000.00 Accumulated Depreciation Net Fixed assets 7,071.42 Total Liabilities: 33,669.30 Common Stock Retained Earnings 20,000.00 50,144.84 Total Equity 70,144.84 Total Assets Total Liabilities&Equity
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