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BUSINESS SOLUTIONS Comparative Balance Sheets March 3 1 , 2 0 2 2 December 3 1 , 2 0 2 1 Assets Cash $ 8

BUSINESS SOLUTIONS
Comparative Balance Sheets
March 31,2022
December 31,2021
Assets
Cash
$ 84,787
$ 57,872
Accounts receivable
24,267
5,068
Inventory
614
0
Computer supplies
2,055
540
Prepaid insurance
1,070
1,605
Prepaid rent
815
815
Total current assets
113,608
65,900
Office equipment
7,400
7,400
Accumulated depreciationOffice equipment
(780)
(390)
Computer equipment
19,100
19,100
Accumulated depreciationComputer equipment
(2,420)
(1,210)
Total assets
$ 136,908
$ 90,800
Liabilities and Equity
Accounts payable
$ 0
$ 1,130
Wages payable
935
510
Unearned computer service revenue
0
1,900
Total current liabilities
935
3,540
Equity
Common stock
112,000
79,000
Retained earnings
23,973
8,260
Total liabilities and equity
$ 136,908
$ 90,800

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