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Professional Consultant Balance Sheet

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Professional Consultant Balance Sheet Powered By Docstoc
					                                                    [COMPANY NAME]
                                                  Balance Sheet Forecast
                                                          [Date]
                             Current       Forecast                                     Current       Forecast
                             [Date]        [Date]                                       [Date]        [Date]

ASSETS                                                        LIABILITIES

Current Assets                                                Current Liabilities
 Checking Account            $         -   $            -      Accounts Payable         $         -   $          -
 Accounts Receivable                   -                -      Business Credit Cards              -              -
 Prepaid Insurance                     -                -      Operating Line of Credit           -              -
 Advances for Employees                -                -      Sales Tax Payable                  -              -
 Inventory                             -                -      Payroll Liabilities                -              -
                                       -                -                                         -              -

Fixed Assets                                                  Long-term Liabilities
  Furniture and Equipment              -                -      Car Loan Payable                   -              -
  (Accum Dep. - Furniture)             -                -      Business Loan                      -              -
  Computer Equipment                   -                -      Shareholder's Loan                 -              -
  (Accum Dep. - Computers)             -                -                                         -              -
  Vehicles                             -                -
  (Accum Dep. - Vehicles)              -                -     EQUITY
  Buildings                            -                -      Opening Balance Equity             -              -
  (Accum Dep. - Buildings)             -                -      Capital Stock                      -              -
  Land                                 -                -      Dividends Paid                     -              -
                                       -                -      Owners Draw                        -              -
                                                               Retained Earnings                  -              -
Other Assets                                                                                      -              -
 Patents                               -                -
 Business Investments                  -                -
 Other Assets                          -                -
                                       -                -
                                      [COMPANY NAME]
                                    Balance Sheet Forecast
                                            [Date]
               Current       Forecast                                    Current       Forecast
               [Date]        [Date]                                      [Date]        [Date]

ASSETS                                          LIABILITIES
TOTAL ASSETS   $         -   $            -     TOTAL LIABILITIES & EQUITY$        -   $          -

				
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Description: This document provides a template balance sheet for a professional consultant company. The purpose of a balance sheet is to provide a snapshot view of a company's financials. It is a financial statement that summarizes a company's assets, liabilities, and owners'/shareholders' equity at a specified point in time. Each section will list several accounts. For example, the assets will commonly include accounts for current assets (such as cash, inventory, and accounts receivable), fixed assets, and other property; similarly the liabilities section will often include accounts for current and fixed liabilities - though the exact accounts listed will vary by company. A balance sheet is a useful analytical tool; it can be used to calculate working capital or used to determine a company's capital structure.