Transcript Glorian Portrait Studios, Incorporated Balance Sheet

Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Assets
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Assets
Cash
$13,500
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Assets
Cash
Accounts Receivable
$13,500
12,000
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Total Liabilities
$ 6,000
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Total Liabilities
Stockholders’ Equity:
$ 6,000
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Total Liabilities
Stockholders’ Equity:
Capital Stock
$ 6,000
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Total Liabilities
$ 6,000
Stockholders’ Equity:
Capital Stock
$ 7,500
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Total Liabilities
$ 6,000
Stockholders’ Equity:
Capital Stock
$ 7,500
Retained Earnings
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Total Liabilities
$ 6,000
Stockholders’ Equity:
Capital Stock
$ 7,500
Retained Earnings 18,800
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Total Liabilities
$ 6,000
Stockholders’ Equity:
Capital Stock
$ 7,500
Retained Earnings 18,800
Total Stock. Equity
$26,300
Glorian Portrait Studios, Incorporated
Balance Sheet
May 31, 2007
Liabilities and Stockholders’ Equity
Assets
Cash
Accounts Receivable
Supplies
$13,500
12,000
6,800
_______
Total Assets
$32,300
Liabilities:
Accounts Payable $ 6,000
Total Liabilities
$ 6,000
Stockholders’ Equity:
Capital Stock
$ 7,500
Retained Earnings 18,800
Total Stock. Equity
$26,300
Total Liab. And Stock. Equity $32,300