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)
$40,149+$8,575 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 | 10,486 | 14,566 | |
| Business Savings | 7,000 | 8,500 | |
| Total Bank Accounts | 17,486 | 23,066 | |
| Total Current Assets | 17,486 | 23,066 | |
| Camera & Drone Equipment | 15,503 | 19,801 | |
| Total Fixed Assets | 15,503 | 19,801 | |
| TOTAL ASSETS | 32,989 | 42,867 | |
| Chase Ink Business Card | 663 | 1,169 | |
| Total Credit Cards | 663 | 1,169 | |
| Sales Tax Payable | 752 | 1,549 | |
| Total Other Current Liabilities | 752 | 1,549 | |
| Total Current Liabilities | 1,414 | 2,718 | |
| Total Liabilities | 1,414 | 2,718 | |
| Owner's Equity | 19,064 | 19,064 | |
| Owner's Draw | (58,200) | (81,400) | |
| Retained Earnings | – | 12,510 | |
| Net Income | 70,710 | 89,975 | |
| Total Equity | 31,575 | 40,149 | |
| TOTAL LIABILITIES AND EQUITY | 32,989 | 42,867 |