ICE CREAM SYSTEMS Balance Sheet As of January 31, 20XX ASSETS Current Assets cash Accounts Receivable...

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ICE CREAM SYSTEMS Balance Sheet As of January 31, 20XX ASSETS Current Assets cash Accounts Receivable Direct materials Indirect Materials Factory Supplies $166,723.89 51,749.00 45,000.00 23,201.00 145,208.00 Finished goods 24,353.50 office supplies 276.20 Total Current Assets $456,511.59 Property, Plant & Equipment Factory Equipment 243,869.88 TOTAL ASSETS $700,381.47 LIABILITIES Accounts payable $7,882.71 FWT Payable 4,747.88 FICA Tax payable 4747.88 FUTA Tax payable 9495.76 SUTA Tax Payable 458.96 ICE CREAM SYSTEMS Balance Sheet As of January 31, 20XX ASSETS Current Assets cash Accounts Receivable Direct materials Indirect Materials Factory Supplies $166,723.89 51,749.00 45,000.00 23,201.00 145,208.00 Finished goods 24,353.50 office supplies 276.20 Total Current Assets $456,511.59 Property, Plant & Equipment Factory Equipment 243,869.88 TOTAL ASSETS $700,381.47 LIABILITIES Accounts payable $7,882.71 FWT Payable 4,747.88 FICA Tax payable 4747.88 FUTA Tax payable 9495.76 SUTA Tax Payable 458.96

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