Balance sheet
Position at November 8, 2026 · posted entries.
Assets
Aldercroft Supply Co.
| Current assets | |
| 1010Cash on hand | $10,616.71 |
| 1020Operating — First Merchants Bank | $477,382.63 |
| 1030Payroll — First Merchants Bank | $18,200.00 |
| 1040Savings — Heritage Savings Union | $256,290.46 |
| 1110Accounts receivable | $503,676.05 |
| 1120Allowance for doubtful accounts (contra) | ($5,350.00) |
| 1210Prepaid expenses | $16,050.00 |
| 1220Inventory on hand | $216,540.00 |
| Property & equipment | |
| 1310Equipment & furniture | $86,400.00 |
| 1320Computer equipment | $80,200.00 |
| 1330Accumulated depreciation (contra) | ($66,080.50) |
| Other assets | |
| 1410Sales tax recoverable | $77,345.55 |
| 1420Security deposits | $12,000.00 |
| Total assets | $1,683,270.90 |
Liabilities & equity
Aldercroft Supply Co.
| Current liabilities | |
| 2010Accounts payable | $238,293.48 |
| 2020Accrued expenses | $15,400.00 |
| 2030Sales tax payable | $77,915.74 |
| 2040Payroll liabilities | $0.00 |
| 2050Customer deposits | $19,645.12 |
| Long-term liabilities | |
| 2110Bank loan — equipment | $115,119.77 |
| Equity | |
| 3010Share capital | $250,000.00 |
| 3020Retained earnings | $613,430.00 |
| Current year earnings | $353,466.79 |
| Total liabilities & equity | $1,683,270.90 |
Assets $1,683,270.90 = Liabilities & equity $1,683,270.90 · difference $0.00