Fin and Mo

Balance Sheet
As of December 31, 2020

TOTAL
ASSETS
Current Assets
Bank Accounts
Business Fundamentals Chk - 5870 (5870) 52,272.92
Petty Cash 0.00
Total Bank Accounts $52,272.92
Accounts Receivable
Accounts Receivable (A/R) 55,421.92
Total Accounts Receivable $55,421.92
Other Current Assets
Inventory 0.00
Inventory Asset 46,469.76
Prepaid Inventory 2,400.00
Total Other Current Assets $48,869.76
Total Current Assets $156,564.60
TOTAL ASSETS $156,564.60

LIABILITIES AND EQUITY

Liabilities
Current Liabilities
Accounts Payable
Accounts Payable (A/P) 49.33
Total Accounts Payable $49.33
Credit Cards
Business Advantage Credit Card - 4029 458.85
Corp Account 0883 0.00
Total Credit Cards $458.85
Other Current Liabilities
Customs Clearing Account 514.02
Gift Card Liability 1,000.00
Loan Payable 0.00
Merrill Lynch Bank Loan (7417) 38,896.27
Total Other Current Liabilities $40,410.29
Total Current Liabilities $40,918.47
Total Liabilities $40,918.47
Equity
Opening Balance Equity 1,499.00
Owner Investment/Distribution -17,302.40
Retained Earnings 75,299.71
Net Income 56,149.82
Total Equity $115,646.13
TOTAL LIABILITIES AND EQUITY $156,564.60

Accrual Basis Tuesday, October 19, 2021 03:49 PM GMT+08:00 1/1