Page 4 - Full Q1 Financial Report 2021
P. 4
Green Mountain Firewood
Balance Sheet
As of March 26, 2021
TOTAL
ASSETS
Current Assets
Bank Accounts
Checking (1847) 434,530.18
Savings (4494) 1,183.76
Total Bank Accounts $435,713.94
Accounts Receivable
Accounts Receivable (A/R) 376,889.28
Total Accounts Receivable $376,889.28
Other Current Assets
DEPOSIT ON EQUIPMENT PURCHASE 19,500.00
Total Other Current Assets $19,500.00
Total Current Assets $832,103.22
Fixed Assets
ACCUMULATED DEPRECIATION -417,233.15
Machinery & Equipment 455,184.85
Total Fixed Assets $37,951.70
TOTAL ASSETS $870,054.92
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts Payable
Accounts Payable (A/P) 101,990.00
Total Accounts Payable $101,990.00
Credit Cards
BOA CC 2962 0.00
Total Credit Cards $0.00
Total Current Liabilities $101,990.00
Long-Term Liabilities
Convertible Notes Payable 1,297,000.00
Total Long-Term Liabilities $1,297,000.00
Total Liabilities $1,398,990.00
Equity
Retained Earnings -968,643.40
Net Income 439,708.32
Total Equity $ -528,935.08
TOTAL LIABILITIES AND EQUITY $870,054.92
Accrual Basis Tuesday, March 30, 2021 05:50 PM GMT-04:00 1/1
