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)
$78,315+$11,319 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 2022Year end | Dec 2023Year end | Dec 2024Year end | Dec 2025Year end | Aug 2026Latest | |
|---|---|---|---|---|---|---|
| Business Checking | 7,877 | 2,129 | 4,521 | 3,013 | 7,808 | |
| Business Savings | 3,917 | 1,917 | 1,917 | 1,917 | 3,917 | |
| Total Bank Accounts | 11,794 | 4,046 | 6,438 | 4,930 | 11,725 | |
| Total Current Assets | 11,794 | 4,046 | 6,438 | 4,930 | 11,725 | |
| Camera & Drone Equipment | 18,164 | 41,891 | 54,080 | 63,865 | 69,116 | |
| Total Fixed Assets | 18,164 | 41,891 | 54,080 | 63,865 | 69,116 | |
| TOTAL ASSETS | 29,958 | 45,937 | 60,518 | 68,795 | 80,841 | |
| Chase Ink Business Card | 611 | 787 | 1,222 | 863 | 1,036 | |
| Total Credit Cards | 611 | 787 | 1,222 | 863 | 1,036 | |
| Sales Tax Payable | 762 | 791 | 891 | 936 | 1,490 | |
| Total Other Current Liabilities | 762 | 791 | 891 | 936 | 1,490 | |
| Total Current Liabilities | 1,373 | 1,578 | 2,113 | 1,799 | 2,525 | |
| Total Liabilities | 1,373 | 1,578 | 2,113 | 1,799 | 2,525 | |
| Owner's Equity | 8,777 | 8,777 | 8,777 | 8,777 | 8,777 | |
| Owner's Draw | (121,500) | (125,400) | (121,400) | (135,700) | (106,100) | |
| Retained Earnings | 20,541 | 19,807 | 35,582 | 49,628 | 58,219 | |
| Net Income | 120,767 | 141,175 | 135,446 | 144,291 | 117,419 | |
| Total Equity | 28,584 | 44,359 | 58,405 | 66,996 | 78,315 | |
| TOTAL LIABILITIES AND EQUITY | 29,958 | 45,937 | 60,518 | 68,795 | 80,841 |