Balance Sheet [Budget Analysis] report
Report Description
Reports List
Balance Sheet [Budget Analysis]
October 2017
Selected Period
Budgeted
$
Difference
% Difference
Assets
Cash Accounts
Checking Account
$16,664.83
$34,878.91
($18,214.08)
(52.2%)
Petty Cash
$100.00
$100.00
$0.00
0.0%
Total Cash Accounts
$16,764.83
$34,978.91
($18,214.08)
(52.1%)
Inventory
Raw Materials
$3,400.00
$3,400.00
$0.00
0.0%
Finished Goods
$75,129.62
$5,400.00
$69,729.62
1,291.3%
Total Inventory
$78,529.62
$8,800.00
$69,729.62
792.4%
Accounts Receivable
$37,264.78
$32,000.00
$5,264.78
16.5%
Deposits Paid Vendors
$100.00
$100.00
$0.00
0.0%
Total Assets
$132,559.23
$75,878.91
$56,780.32
56.8%
Liabilities
Credit Cards
American Express
$3,200.00
$3,200.00
$0.00
0.0%
Visa
$1,000.00
$1,000.00
$0.00
0.0%
Total Credit Cards
$4,200.00
$4,200.00
$0.00
0.0%
Accounts Payable
$10,615.14
$21,000.00
($10,384.86)
(49.5%)
Bank Indebtedness
$100,000.00
$100,000.00
$0.00
0.0%
Payroll Liabilities
Payroll Liabilities
$13,919.25
$0.00
$13,919.25
NA
Payroll Tax Payable
$105.00
$0.00
$105.00
NA
Vacation Payable
$1,267.50
$0.00
$1,267.50
NA
Total Payroll Liabilities
$15,291.75
$0.00
$15,291.75
NA
Deposits from Customers
$500.00
$500.00
$0.00
0.0%
Total Liabilities
$130,606.89
$126,006.98
$8,663.17
6.8%
Equity
Paid in Capital
$110,000.00
$110,000.00
$0.00
0.0%
Retained Earnings
($58,078.07)
($136,628.07)
$78,550.00
(57.5%)
Current Year Earnings
($30,432.85)
$14,285.00
($44,717.85)
(313.0%)
Total Equity
$21,489.08
($12,343.07)
$33,832.15
(274.1%)
Total Liability & Equity
$156,659.23
$114,163.91
$42,495.32
37.2%
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