Professional Documents
Culture Documents
QUICK LUNCH
Income Statement
For the Four Months Ended December 31, 2002
QUICK LUNCH
Balance Sheet
As of December 31, 2002
ASSET
Current Assets
Cash $ 12,265.00
Food and Supplies Inventory $ 750.00
Prepaid Lease $ 3,800.00
Prepaid City Restaurant Licenses $ 150.00
Total current assets $ 16,965.00
Non-Current Assets
Cooking Range $ 4,600.00
Owner's Capital
Bingham Capital 09/01/2002 $ 15,450.00
Add: Net income $ 5,979.00
$ 21,429.00
Less: Withdrawals $ 3,800.00
Bingham Capital,
12/31/2002 $ 17,629.00