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)
$47,610+$7,970 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 | 11,038 | 10,446 | |
| Business Savings | 6,500 | 6,500 | |
| Total Bank Accounts | 17,538 | 16,946 | |
| Total Current Assets | 17,538 | 16,946 | |
| Camera & Drone Equipment | 24,834 | 33,531 | |
| Total Fixed Assets | 24,834 | 33,531 | |
| TOTAL ASSETS | 42,372 | 50,477 | |
| Chase Ink Business Card | 1,518 | 1,193 | |
| Total Credit Cards | 1,518 | 1,193 | |
| Sales Tax Payable | 1,215 | 1,674 | |
| Total Other Current Liabilities | 1,215 | 1,674 | |
| Total Current Liabilities | 2,732 | 2,867 | |
| Total Liabilities | 2,732 | 2,867 | |
| Owner's Equity | 28,682 | 28,682 | |
| Owner's Draw | (36,200) | (60,000) | |
| Retained Earnings | – | 10,958 | |
| Net Income | 47,158 | 67,970 | |
| Total Equity | 39,640 | 47,610 | |
| TOTAL LIABILITIES AND EQUITY | 42,372 | 50,477 |