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)
$38,662+$11,351 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 | 8,949 | 16,291 | |
| Business Savings | 3,500 | 8,500 | |
| Total Bank Accounts | 12,449 | 24,791 | |
| Total Current Assets | 12,449 | 24,791 | |
| Camera & Drone Equipment | 16,719 | 16,719 | |
| Total Fixed Assets | 16,719 | 16,719 | |
| TOTAL ASSETS | 29,168 | 41,510 | |
| Chase Ink Business Card | 1,072 | 1,454 | |
| Total Credit Cards | 1,072 | 1,454 | |
| Sales Tax Payable | 785 | 1,394 | |
| Total Other Current Liabilities | 785 | 1,394 | |
| Total Current Liabilities | 1,857 | 2,848 | |
| Total Liabilities | 1,857 | 2,848 | |
| Owner's Equity | 10,490 | 10,490 | |
| Owner's Draw | (36,000) | (65,400) | |
| Retained Earnings | – | 16,821 | |
| Net Income | 52,821 | 76,751 | |
| Total Equity | 27,311 | 38,662 | |
| TOTAL LIABILITIES AND EQUITY | 29,168 | 41,510 |