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Browning

Manufacturing Company
Projected Balance Sheet
as of December 31, 2006
Assets
Current Assets:
Cash and Marketeble Securities
Account Receivable (net Allowance for Doubtfull Account)
Inventories :
Materials
Work in Process
Finished goods
Supplies
Prepaid Taxes and Insurance
Total Current Assets
Other Assets:
Manufacturing Plant
Less: Accumulated Depreciation
Total Assets
Liabilities and Shareholders' Equity
Current Liabilities:
Account Payable
Notes Payable
Income Tax Payable
Total Current Liabilities
Shareholders' Equity
Capital Stock
Reatained Earnings
Total Liabilities and Shareholders' Equity

ompany

eet
006

$ 443,640.00
201,430

$ 124,520.00
210,448

352,368

22,080 709,416

91,920
1,446,406
2,822,400
1,047,600 1,774,800
3,221,206

$ 288,360.00
552,840

5,800
$ 847,000.00
1,512,000
862,136

2,374,136
$ 3,221,136.00