Another Test Company Balance Sheet
  Month:    Year:     
ASSETS
Current Assets
AccountDescription2009 YTD2008 YTDAll 2008
00-1010First United Bank Checking$0.00$5,000.00$64,310,025.92
00-1020Global Bank Saving$0.00$20,000.00$20,000.00
00-1030National Bank$0.00$30,000.00$30,000.00
00-1080Petty Cash$0.00$24,100.00$24,100.00
00-1160Employee Loans$0.00$20,000.00$20,000.00
00-1170Sundry Debits$0.00$40,000.00$40,000.00
00-1520Warehouse Control - Specials$0.00$1,028,656.00$1,028,656.00
01-1500Warehouse Control - RM$0.00$1,974,850.00$1,974,850.00
01-1510Work in Progress Control$0.00$55,606.00$55,606.00
01-1520Warehouse Control - FG$0.00$1,453,829.78$1,453,829.78
01-1525Warehouse Control - FS$0.00$180.00$180.00
01-1530Warehouse Control - SA$0.00$1,100,734.65$1,100,734.65
10-1110Receivables - North$0.00$1,789,530.00$1,789,530.00
10-1520Warehouse Control - North$0.00$45,431,340.63$45,431,340.63
20-1110Receivables - South$0.00$234,976.00$234,976.00
20-1520Warehouse Control - South$0.00$14,797,686.84$14,797,686.84
20-1830Motor Vehicles - South$0.00$128,000.00$128,000.00
30-1110Receivables - East$0.00$505,480.00$505,480.00
30-1520Warehouse Control - East$0.00$19,250,008.69$19,250,008.69
30-1830Motor Vehicles - East$0.00$164,000.00$164,000.00
CURRENT ASSET TOTALS $0.00 $88,053,978.59 $152,359,004.51
Fixed Assets
AccountDescription2009 YTD2008 YTDAll 2008
00-1810Land and Buildings$0.00$6,350,000.00$6,350,000.00
00-1820Plant and Equipment$0.00$3,580,000.00$3,580,000.00
00-1830Motor Vehicles - Head Office$0.00$791,000.00$791,000.00
00-1840Office Equipment - Head Office$0.00$1,086,000.00$1,086,000.00
10-1830Motor Vehicles - North$0.00$188,000.00$188,000.00
FIXED ASSET TOTALS $0.00 $11,995,000.00 $11,995,000.00
Accumulated Depreciation
AccountDescription2009 YTD2008 YTDAll 2008
10-1930Accum. Deprec. - Motor Vehicle$0.00($86,112.00)($86,112.00)
30-1930Accum. Deprec. - Motor Vehicle$0.00($69,280.00)($69,280.00)
ACCUMULATED DEP TOTALS $0.00 ($155,392.00) ($155,392.00)
NET FIXED ASSETS $0.00 $11,839,608.00 $11,839,608.00
TOTAL ASSETS $0.00 $99,893,586.59 $164,198,612.51
LIABILITIES
Current Liabilities
AccountDescription2009 YTD2008 YTDAll 2008
00-1920Accum. Deprec. - Plant$0.00$1,982,000.00$1,982,000.00
00-1930Accum. Deprec. - Motor Vehicle$0.00$353,013.31$353,013.31
00-1940Accum. Deprec. - Office Equip$0.00$217,200.00$217,200.00
00-2000Payables - H/O$0.00$536.15$536.15
00-2150Personal Income Tax$0.00$289,200.00$289,200.00
00-2210Staff Bonus Accrual$0.00$2,125,200.00$2,125,200.00
00-2220State Payroll Tax Due$0.00$186,000.00$186,000.00
00-2230Staff Pension$0.00$2,217,200.00$2,217,200.00
00-2240Other Payroll Accruals$0.00$16,000.00$16,000.00
00-2420Provision for Taxation$0.00$540,000.00$540,000.00
00-2900Shareholders Loans$0.00$500,000.00$500,000.00
00-2910Long Term Loan - Union Bank$0.00$2,000,000.00$2,000,000.00
01-2000Payables - Manuf.$0.00$2,130,264.00$2,130,264.00
01-2010GRN Suspense - Manufact.$0.00$4,500.00$4,500.00
10-2000Payables - North$0.00$827,968.74$827,968.74
10-2600Non-Stocked - North$0.00$25,464.00$25,464.00
20-1930Accum. Deprec. - Motor Vehicle$0.00$57,002.66$57,002.66
20-2000Payables - South$0.00$1,252,032.67$1,252,032.67
30-2000Payables - East$0.00$3,081,741.30$3,081,741.30
30-2010GRN Suspense - East$0.00$1,181,574.50$1,181,574.50
CURRENT LIABILITIES TOTALS $0.00 $18,986,897.33 $18,986,897.33
Long Term Liabilities
LONG TERM LIABILITIES TOTALS $0.00 $0.00 $0.00
TOTAL LIABILITIES $0.00 $18,986,897.33 $18,986,897.33
EQUITY
Stock Holders Equity
AccountDescription2009 YTD2008 YTDAll 2008
00-3000Common Stock$0.00$56,000,000.00$56,000,000.00
00-3010Retained Earnings$0.00$105,618,548.40$105,618,548.40
NET INCOME (LOSS) $0.00 ($16,406,833.22) ($16,406,833.22)
TOTAL STOCKHOLDER EQUITY $0.00 $145,211,715.18 $145,211,715.18
TOTAL LIABILITIES & EQUITY $0.00 $164,198,612.51 $164,198,612.51