SMOKY VALLEY CAFE

SMOKY VALLEY CAFE

Balance Sheet as on AUGUST 12, 1946
Assets

Liabilities

Cash

6,000 Equity
Mrs. Beaven 2,000
Mr. Maywood 2,000
Mrs. Maywood 2,000

6,000

Total

6,000 Total

6,000

Smokey Valley Caf

Balance Sheet as on August 12, 1946

Assets

Liabilities and Stockholders' Equity

Cash

1,500

Equity

$ 6,000

Land

2,500

Mortgage

$ 11,500

Land Improvements

2,000

Buildings

$ 10,500

Equipments

Total assets

$ 17,500

Total liabilities and SE

$ 17,500

1,000

Smokey Valley Caf

Balance Sheet as on December 16, 1946
Assets

Liabilities and Stockholders' Equity

Cash

65.35

Bank

9.78

Land

$ 2,500.00

Land Improvements

2,000.00

- less Depreciation

44.45

Buildings

$ 10,500.00

- less Depreciation

233.45

Equipments

1,000.00

+ add new equipment

415.95

- less Depreciation

44.19

$ 1,955.55

$ 10,266.55

$ 1,371.76

Food

100.00

Deposit

35.00

Equity

$ 6,400.00

- less Loss

Mortgage

$ 11,500.00

less
repayment

700

Bills Payable

5,411.98

988.02

$ 10,800.00
$

92.01