Balance Sheet
What the business owns, what it owes, and what is left over for you, as of Aug 31, 2026.
Own vs owe
At Aug 31, 2026.
- Cash
- Gear & vehicles
- Card & sales tax
- Vehicle loan
Left over for you (equity)
$25,344+$13,021 since Dec 31
Cash vs card balance
Month-end bank balance against what is sitting on the credit card.
- Cash
- Credit card
At each year end
Cash basis. Equipment and vehicles are shown at cost.
| Account | Dec 2025Year end | Aug 2026Latest | |
|---|---|---|---|
| Business Checking | 2,601 | 3,974 | |
| Business Savings | 1,500 | 1,500 | |
| Total Bank Accounts | 4,101 | 5,474 | |
| Total Current Assets | 4,101 | 5,474 | |
| Camera & Drone Equipment | 4,240 | 13,301 | |
| Vehicles | 30,400 | 30,400 | |
| Total Fixed Assets | 34,640 | 43,701 | |
| TOTAL ASSETS | 38,742 | 49,176 | |
| Chase Ink Business Card | 591 | 678 | |
| Total Credit Cards | 591 | 678 | |
| Sales Tax Payable | 475 | 700 | |
| Total Other Current Liabilities | 475 | 700 | |
| Total Current Liabilities | 1,065 | 1,378 | |
| Vehicle Loan | 25,353 | 22,454 | |
| Total Long-Term Liabilities | 25,353 | 22,454 | |
| Total Liabilities | 26,419 | 23,832 | |
| Owner's Equity | 8,056 | 8,056 | |
| Owner's Draw | (7,700) | (22,800) | |
| Retained Earnings | – | 4,267 | |
| Net Income | 11,967 | 35,821 | |
| Total Equity | 12,323 | 25,344 | |
| TOTAL LIABILITIES AND EQUITY | 38,742 | 49,176 |