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APPENDIX B-2
PRINT - LANDSCAPE FORMAT / COLOR |
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CORPORATE
BALANCE
SHEET
DECEMBER
31, 2001 |
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GOVERNMENT
ACCOUNTING PROTOTYPE (GAP)
BALANCE SHEET
DECEMBER 31,
2001 |
| ASSETS: |
|
ASSETS: |
|
|
|
|
CASH IN TREASURY |
|
|
|
|
TREASURY
WARRANTS |
600,000 |
|
|
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CASH TRANSFERS |
60,000 |
|
|
|
BUDGET RECEIPTS |
33,500 |
|
|
|
TOTAL CASH
(BUDGET) |
|
693,500 |
|
|
LESS: NET
DISBURSEMENTS: |
|
|
|
|
CASH
COLLECTIONS (NON BUDGET) |
2,300 |
|
|
|
CASH DISBURSEMENTS |
-171,050 |
|
|
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NET DISBURSEMENTS |
|
-168,750 |
|
|
|
|
|
| CASH |
|
524,750 |
|
CASH IN TREASURY |
|
524,750 |
|
|
|
|
|
|
|
| OTHER ASSETS: |
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|
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OTHER ASSETS: |
|
|
| ACCOUNTS
RECEIVABLE |
9,000 |
|
|
ACCOUNTS
RECEIVABLE |
9,000 |
|
| LESS: ALLOWANCE FOR BAD
DEBS |
- 1,000 |
8,000 |
|
LESS: ALLOWANCE FOR BADE DEBTS |
- 1,000 |
8,000 |
| TRAVEL ADVANCES |
|
5,500 |
|
TRAVEL ADVANCES |
|
5,500 |
| PREPAID LICENSING FEES |
|
6,750 |
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PREPAID LICENSING FEES |
|
6,750 |
| OFFICE EQUIPMENT |
17,500 |
|
|
OFFICE EQUIPMENT |
17,500 |
|
| LESS: PURCHASE DISCOUNT |
- 200 |
|
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LESS: PURCHASE DISCOUNT |
- 200 |
|
|
DEPRECIATION |
- 600 |
|
|
ACCUMULATED DEPRECIATION |
- 600 |
|
| TOTAL OFFICE EQUIPMENT |
|
16,700 |
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TOTAL OFFICE EQUIPMENT |
|
16,700 |
| OFFICE EQUIP. - CONTRACTOR |
|
3,000 |
|
OFFICE EQUIPMENT- CONTRACTORS |
|
3,000 |
| TRANSPORTATION EQUIP. |
|
15,000 |
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TRANSPORTATION EQUIPMENT |
|
15,000 |
|
|
|
|
|
|
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| TOTAL ASSETS |
|
579,700 |
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TOTAL ASSETS |
|
579,700 |
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|
|
|
|
|
|
| |
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EXTERNAL CASH SOURCES: |
|
|
| |
|
|
|
ECS - CASH TRANSFER - ADVANCES
PAY. |
60,000 |
|
|
|
|
|
|
ECS - BUDGET RECEIPTS - EARNED REIMB. |
5,000 |
|
|
|
|
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ECS - BUDGET RECEIPTS - BONDS
PAY. |
28,500 |
93,500 |
|
|
|
|
|
|
|
|
|
|
|
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TOTAL ASSETS AND ECS |
|
673,200 |
| |
|
|
|
|
|
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| LIABILITIES & STOCKHOLDERS EQTY |
|
|
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LIABILITIES & GOVERNMENT EQUITY |
|
|
| LIABILITIES: |
|
|
|
LIABILITIES: |
|
|
| ACCOUNTS PAYABLE |
|
15,000 |
|
ACCOUNTS PAYABLE |
|
15,000 |
| BONDS PAYABLE |
|
26,000 |
|
BONDS PAYABLE |
|
26,000 |
| PREM. ON BONDS PAYABLE |
|
2,450 |
|
PREM. ON BONDS PAYABLE |
|
2,450 |
| ADVANCES PAYABLE |
|
40,000 |
|
ADVANCES PAYABLE |
|
40,000 |
| SALARY PAYABLE |
|
3,000 |
|
SALARY PAYABLE |
|
3,000 |
| TOTAL LIABILITIES |
|
86,450 |
|
TOTAL LIABILITIES |
|
86,450 |
|
|
|
|
|
|
|
| STOCKHOLDERS EQUITY: |
|
|
|
GOVERNMENT EQUITY: |
|
|
| PREFERRED STOCK |
500,000 |
|
|
CURRENT FISCAL YEAR BUDGET |
|
|
| PREMIUM ON STOCK |
100,000 |
|
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UNAPPORTIONED BUDGET |
2,500 |
|
| TOTAL CAPITAL STOCK |
600,000 |
|
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CURRENT QUARTER BUDGET |
9,300 |
|
|
|
|
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SUBSEQUENT QUARTERS BUDGET |
485,000 |
|
|
|
|
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BUDGET RESERVE - CONTINGENCY |
24,650 |
|
|
|
|
|
COMMITMENTS |
5,000 |
|
|
|
|
|
UNPAID OBLIGATIONS |
17,300 |
|
|
|
|
|
EXPENDED BUDGET (CFY) |
168,750 |
|
|
|
|
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TOTAL BUDGET RESOURCES |
712,500 |
|
|
|
|
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LESS: |
|
|
|
|
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ANTICIPATED TREASURY WARRANT |
- 10,000 |
|
|
|
|
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ANTICIPATED BUDGET RECPT- REIMB. |
-
9,000 |
|
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|
|
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TOTAL FUNDED CFY BUDGET |
693,500 |
|
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|
|
|
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|
|
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PRIOR FISCAL YEAR (PFY) BUDGETS: |
|
|
|
|
|
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EXPENDED BUDGETS (PFY) |
0 |
|
|
|
|
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TOTAL FUNDED CFY & PFY BUDGETS |
693,500 |
|
| RETAINED EARNINGS |
-106,750 |
|
|
RETAINED INCOME /
EXPENSE |
-106,750 |
1/ |
| TOTAL STOCK HOLDERS EQUITY |
|
493,250 |
|
TOTAL GOVERNMENT EQUITY |
|
586,750 |
|
|
|
|
|
|
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| TOTAL LIABILITIES AND SE |
|
579,700 |
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TOTAL LIABILITIES & GOV. EQUITY |
|
673,200 |
|
|
|
|
|
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1/ See Year 1 - Income /
Expense Statement |
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| © Copyright 1999 Larry
Fisher |
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