AcmeWidgetCorp
Balance Sheet
2019
2020
2021
Assets
|
2019 |
2020 |
2021 |
|
Cash
This is the cash we currently have on hand.
|
$25 |
$30 |
$28 |
|
Checking
Our primary transactional account.
|
$54 |
$56 |
$53 |
|
Savings
Funds set aside for emergencies.
|
$500 |
$650 |
$728 |
| Total Assets |
$579 |
$736 |
$809 |
Liabilities
|
2019 |
2020 |
2021 |
|
Loans
The outstanding balance on our startup loan.
|
$500 |
$250 |
$0 |
|
Expenses
Annual anticipated expenses, such as payroll.
|
$200 |
$300 |
$400 |
|
Credit
The outstanding balance on our credit card.
|
$50 |
$50 |
$75 |
| Total Liabilities |
$750 |
$600 |
$475 |
Net Worth
|
2019 |
2020 |
2021 |
| Total Net Worth |
$-171 |
$136 |
$334 |