Zigby manufacturing estimated balance sheet march
ZIGBY MANUFACTURING Estimated Balance Sheet March 31, 2013 Assets Cash $ 40,000 Accounts receivable 342,248 Raw materials inventory 98,500 Finished goods inventory 325,540 Total current assets 806,288 Equipment, gross 600,000 Accumulated depreciation (150,000) Equipment, net 450,000 Total assets 1,256,288 Liabilities and Equity Accounts payable 200,500 Short-term notes payable 12,000 Total current liabilities $ 212,500 Long-term note payable 500,000 Total liabilities 712,500 Common stock 335,000 Retained […]