CPA FIRM LOGO
Sarah the Solopreneur
Period: As of March 31, 2026
Generated: May 26, 2026
Balance Sheet
Assets
Current Assets
Cash and Cash Equivalents$45,000.00
Accounts Receivable$12,500.00
Inventory$8,400.00
Prepaid Expenses$2,100.00
Total Current Assets$68,000.00
Fixed Assets
Office Equipment$15,000.00
Accumulated Depreciation-$3,500.00
Computer Hardware$8,000.00
Total Fixed Assets$19,500.00
Total Assets$87,500.00
Liabilities
Current Liabilities
Accounts Payable$4,200.00
Short-term Loans$10,000.00
Accrued Liabilities$1,500.00
Total Current Liabilities$15,700.00
Long-Term Liabilities
Business Mortgage$45,000.00
SBA Loan$12,000.00
Total Long-Term Liabilities$57,000.00
Equity
Owner Investment$20,000.00
Retained Earnings-$4,200.00
Total Equity$15,800.00
Total Liabilities & Equity$88,500.00