Financial Statement Fraud, Exercise #2 - Template January 2014, 2015, 2016 Financial Statements Larsen Convenience Source: Sharptop Bank 1.a. - 1.b. As Given (Reported) to Sharptop Bank 1/7/2014 1/7/2015 1/7/2016 Residence - 213 Underwood Street, Canton, Georgia Cash - Savings Cash - Sharptop Bank (Larsen's Convenience) 201 1 Jeep Grand Cherokee 2014 Ford F-150 Household goods Leasehold improvements Inventory (Larsen's Convenience) Total assets $ S Credit card - Sharptop Bank Automobile loan - Sharptop Bank Truck loan - Sharptop Bank Accounts payable - Shamrock Groceries Accounts payable - Discount Tobacco Supply Accounts payable - Marietta Beverage Co. Accounts payable - Georgia-Tennesse Fuel Accounts payable - Jenkins Media Services State sales and use taxes payable SBA note payable Mortgage - Integrity Mortgage Total liabilities Total equity SAASA Total liabilities and equity (equals total assets) REVISED Business Assets & Liabilities Only (Per Source Docs.) 1/7/2014 1/7/2015 1/7/2016 1/7/2016 Cash - Sharptop Bank (Larsen's Convenience) Leasehold improvements Inventory (Larsen's Convenience) Total assets $ - $ $ $ Accounts payable - Shamrock Groceries Accounts payable - Discount Tobacco Supply Accounts payable - Marietta Beverage Co. Accounts payable - Georgia-Tennesse Fuel Accounts payable - Jenkins Media Services State sales and use taxes payable Note payable Wrongful death liability Total liabilities Total equity Total liabilities and equity (equals total assets)