Technocrat Corp
Balance Sheet
2021
2022
2023
Assets
|
2021 |
2022 |
2023 |
| Cash This is the cash we currently have on hand. |
$20,550 |
$50,000 |
$120,000 |
| Checking Our primary transactional account. |
$54,510 |
$56,000 |
$533,000 |
| Savings Funds set aside for emergencies. |
$500,000 |
$650,000 |
$728,000 |
| Total Assets |
$575,060 |
$756,000 |
$1,381,000 |
Liabilities
|
2021 |
2022 |
2023 |
| Loans The outstanding balance on our startup loan. |
$5,000 |
$2,500 |
$10,000 |
| Expenses Annual anticipated expenses, such as payroll. |
$4,500 |
$3,000 |
$4,000 |
| Credit The outstanding balance on our credit card. |
$5,000 |
$5,500 |
$7,500 |
| Total Liabilities |
$12,500 |
$11,000 |
$21,500 |
Net Worth
|
2021 |
2022 |
2023 |
| Total Net Worth |
$562,560 |
$745,000 |
$1,359,500 |