Balance Sheet Years 1-3

Prepared By: Company Name:

HALEEMA SADIA YFA KIT

ASSETS PKR
Current Assets 10,000.00
Cash 40,000
Accounts Receivable -
Inventory -
Prepaid Expenses -
Other Initial Costs
Total Current Assets $ 50,000

Fixed Assets
Real Estate -- Land -
Real Estate -- Buildings -
Leasehold Improvements -
Equipment 5,000
Furniture and Fixtures -
Vehicles -
Other -
Total Fixed Assets $ 55,000
(Less Accumulated Depreciation) $ -
Total Assets $ 55,000

LIABILITIES & EQUITY

Liabilities
Accounts Payable -
Commercial Loan Balance -
Commercial Mortgage Balance -
Credit Card Debt Balance -
Vehicle Loans Balance -
Other Bank Debt Balance -
Line of Credit Balance -
Total Liabilities $ -
Equity $ 55,000
Common Stock -
Retained Earnings -
Dividends Dispersed/Owners Draw -
Total Equity $ 55,000
Total Liabilities and Equity $ 55,000

$ -
Balance sheet in or out of balance?
Balanced!

Income Statement Year 1

Prepared By: Company Name:

Haleema Sadia YFA KIT

Month 1 Month 2 Month 3

Total Revenue $ 50,000 $ 70,000 $ 80,000
Cost of Goods Sold 40,000 40,000 40,000
Gross Margin $ 20,000 $ 20,000 $ 25,000
Payroll $ - $ - $ -
Operating Expenses
Advertising 10,000 12,000 11,000
Car and Truck Expenses - - -
Commissions and Fees - - -
Contract Labor (Not included in payrol - - -
Insurance (other than health) - - -
Legal and Professional Services 2,000 5,000 5,000
Licenses - - -
Office Expense 1,000 2,000 4,000
Rent or Lease -- Vehicles, Machinery, - - -
Rent or Lease -- Other Business Proper - - -
Repairs and Maintenance - - -
Supplies 40,000 50,000 55,000
Travel, Meals and Entertainment 5,000 6,000 7,000
Utilities - - -
Miscellaneous - - -
Other Expense 1
Other Expense 2
Total Operating Expenses $ 58,000 $ 75,000 $ 82,000
Net Profit/Loss $ 8,000 $ 5,000 $ 2,000