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)
$56,770+$12,599 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 | 6,546 | 7,575 | 6,919 | 3,975 | 3,299 | |
| Business Savings | 3,500 | 3,500 | 3,500 | 3,500 | 1,500 | |
| Total Bank Accounts | 10,046 | 11,075 | 10,419 | 7,475 | 4,799 | |
| Total Current Assets | 10,046 | 11,075 | 10,419 | 7,475 | 4,799 | |
| Camera & Drone Equipment | 25,168 | 25,168 | 25,168 | 28,538 | 40,819 | |
| Vehicles | – | – | 29,800 | 29,800 | 29,800 | |
| Total Fixed Assets | 25,168 | 25,168 | 54,968 | 58,338 | 70,619 | |
| TOTAL ASSETS | 35,214 | 36,243 | 65,386 | 65,813 | 75,417 | |
| Chase Ink Business Card | 526 | 1,141 | 503 | 672 | 712 | |
| Total Credit Cards | 526 | 1,141 | 503 | 672 | 712 | |
| Sales Tax Payable | 586 | 525 | 454 | 487 | 727 | |
| Total Other Current Liabilities | 586 | 525 | 454 | 487 | 727 | |
| Total Current Liabilities | 1,112 | 1,666 | 958 | 1,158 | 1,439 | |
| Vehicle Loan | – | – | 25,068 | 20,484 | 17,208 | |
| Total Long-Term Liabilities | – | – | 25,068 | 20,484 | 17,208 | |
| Total Liabilities | 1,112 | 1,666 | 26,026 | 21,642 | 18,647 | |
| Owner's Equity | 15,825 | 15,825 | 15,825 | 15,825 | 15,825 | |
| Owner's Draw | (68,800) | (72,600) | (62,400) | (60,800) | (34,500) | |
| Retained Earnings | 6,185 | 18,277 | 18,752 | 23,535 | 28,345 | |
| Net Income | 80,892 | 73,075 | 67,183 | 65,611 | 47,099 | |
| Total Equity | 34,102 | 34,577 | 39,360 | 44,171 | 56,770 | |
| TOTAL LIABILITIES AND EQUITY | 35,214 | 36,243 | 65,386 | 65,813 | 75,417 |