Balanced: Assets = Liabilities + Equity
Assets
Current Assets
Cash / Bank$10,860.00
Accounts Receivable$400.00
Non-Current Assets
Fleet Vehicles (Net)$136,000.00
Total Assets$147,260.00
Liabilities
Current Liabilities
Accounts Payable$2,500.00
Accrued Expenses$2,200.00
Non-Current Liabilities
Long-term Lease$0.00
Total Liabilities$4,700.00
Equity
Shareholders' Equity
Capital Contributions$140,000.00
Equity Distributions−$29,500.00
Retained Earnings$32,060.00
Total Equity$142,560.00
Liabilities + Equity
$147,260.00
Matches Total Assets