Balance Sheet
Assets, liabilities, and equity as of a date — from posted journal entries.
Assets
Cash & bank$48,250
Accounts receivable$7,800
Inventory$3,420
Total assets$59,470
Liabilities & equity
Accounts payable$2,140
Credit cards$2,840
Owner equity$54,490
Total L + E$59,470
Trial balance in sync · last journal Jul 12
Separate from Owner P&L — this statement uses posted books entries