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ASSETS 12/31/12 12/31/13 CHANGES COMMON SIZE in $ in% 2012 2013 Current Assets Cash Accounts Receivable Inventories Total Current Assets $3,000 $4,000 $5,000$6,000 $2,000 $4,000 S10,000 S14,000 Fixed Assets: Furniture Equipment Total Fixed Assets Less: Accm. Depreciation Total Net Fixed Assets S12,000 $15,000 S20,000 S20,000 S32,000 $35,000 (5,000 (6,000) $27,000 S29,000 TOTAL ASSETS S37,000 $43,000 LIABILITIES Current Liabilities Accounts Payable Wages Payable Total Current Liabilities $5,000 $7,000 $2,000 $1,000 $7,000 $8,000 Long Term Liabilities Long Term Loan $10,000 $15,000 Owners' Equity Capital $20,000 S20.000 Total Owners Equity $20,000 S20.000 TTL LIABILITIES& EQUITY S37,000 $43,000
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