Balance Sheet at AUGUST 12, 1946 SMOKY VALLEY CAFE SMOKY VALLEY CAFE Balance Sheet at AUGUST 12, 1946 Assets Liabilities Cash 6,000 Equity Mrs. Beaven 2,000 Mr. Maywood 2,000 Mrs. Maywood 2,000 Total

Smoky Valley Café Balance Sheet as on August 12, 1946 Smokey Valley Café Balance Sheet as on August 12, 1946 Assets Liabilities and Stockholders' Equity Cash $ 1,500 Equity $ 6,000 Land $ 2,500 Mortgage $ 11,500 Land Improvements $ 2,000 Buildings $ 10,500 Equipments $ 1,000 Total assets $ 17,500 Total liabilities and SE $ 17,500

Balance Sheet as on December 16, 1946 Smoky Valley Café Balance Sheet as on December 16, 1946 Assets Liabilities and Stockholders' Equity Cash $ 65.35 Equity $ 6,400.00 $ 5,411.98 Bank $ 9.78 - less Loss $ 988.02   Land $ 2,500.00 Land Improvements $ 2,000.00 - less Depreciation $ 44.45 $ 1,955.55 Mortgage $ 11,500.00 Buildings $ 10,500.00 less repayment 700 $ 10,800.00 $ 233.45 $ 10,266.55 Bills Payable $ 92.01 Equipments $ 1,000.00 + add new equipment $ 415.95 - less Depreciation $ 44.19 $ 1,371.76 Food $ 100.00 Deposit $ 35.00 Total assets $ 16,303.99 Total liabilities and SE $ 16,303.99