Based on the information below, please conduct a balance sheet (one year projection) Equipment/Capital Costs Purchase of business: $100.000 Start-up capital: $100,000 Food equipment: $150,000 Startup Costs License: $1.500 Permits: $1,000 Rental lease costs (rent advance/deposit): $25,000 Computer equipment: $5,000 Computer software: $25,000 Phones: $4,500 Insurances: $30,000 Uniforms: $2,000 PPE: $3,000 Flyers/Business Cards: $500 Total: $63,000 Security system: S6,000 Total: $390,500

Based on the information below, please conduct a balance sheet (one year projection) Equipment/Capital Costs Purchase of business: $100.000 Start-up capital: $100,000 Food equipment: $150,000 Startup Costs License: $1.500 Permits: $1,000 Rental lease costs (rent advance/deposit): $25,000 Computer equipment: $5,000 Computer software: $25,000 Phones: $4,500 Insurances: $30,000 Uniforms: $2,000 PPE: $3,000 Flyers/Business Cards: $500 Total: $63,000 Security system: S6,000 Total: $390,500

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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