ABC Corp.BALANCE SHEET2012
INCOME
Current Assets Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Cash12,096
Investments10,368
Inventories10,897
Accounts receivable13,677
Pre-paid expenses16,740
Other11,977
Total Current Assets6,7919,7245,5355,0526,0534,8025,7296,7426,4056,0548,6494,21975,755
Fixed Assets Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Property and equipment14,700
Leasehold improvements13,632
Equity and other investments10,422
Less accumulated depreciation12,792
Total Fixed Assets3,2934,0563,0353,8432,8474,7856,4123,4836,0254,2665,8513,65051,546
Other Assets Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Goodwill11,564
Other9,969
0
0
Total Other Assets441124839451,0861,4321,3521,6541,6707691,9269111,564
TOTAL INCOME138,865
EXPENSES
Current Liabilities Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Accounts payable9,952
Accrued wages13,106
Accrued compensation10,405
Income taxes payable11,040
Unearned revenue8,803
Other7,852
Total Current Liabilities5,9623,5855,0125,4114,2036,8064,3184,9104,3376,3013,4326,88161,158
Long-term Liabilities Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Mortgage payable11,375
Other13,898
0
0
Total Long-term Liabilities2,4521,8963,4461,0241,8942,4432,8549891,2261,7082,0643,27725,273
Owner's Equity Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
Investment capital9,574
Accumulated retained earnings11,135
0
0
Total Owner's Equity1,9501,6656472,1431,4279361,3471,1358153,0733,2702,30120,709
TOTAL EXPENSE107,140