Balance Sheet
December 31, 2020
| Assets | Liabilities | ||
| Cash | $10,000 | Accounts Payable | $6,075 |
| Marketable Securities | $17,540 | Notes Payable | $23,450 |
| Accounts Receivable | $13,150 | Total Current Liabilities | $29,525 |
| Inventory | $36,700 | ||
| Total Current Assets | $77,390 | Long Term Debt | $32,500 |
| Fixed Assets | $95,160 | Owner’s Equity | $81,000 |
| Total Assets | $172,550 | Total Liabilities and Owner’s Equity | $172,550 |
