{"id":40,"date":"2025-07-26T22:56:13","date_gmt":"2025-07-26T22:56:13","guid":{"rendered":"https:\/\/site.lmcconnell.lmu.build\/Site\/?page_id=40"},"modified":"2025-07-31T15:21:04","modified_gmt":"2025-07-31T15:21:04","slug":"balance-sheet","status":"publish","type":"page","link":"https:\/\/site.lmcconnell.lmu.build\/Site\/balance-sheet\/","title":{"rendered":"BALANCE SHEET"},"content":{"rendered":"\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Assets<\/th><th>Liabilities &amp; Owner\u2019s Equity<\/th><\/tr><\/thead><tbody><tr><td>Cash: $1,000,000<\/td><td>Accounts Payable: $1,200,000<\/td><\/tr><tr><td>Marketable Securities: $500,000<\/td><td>Notes Payable: $800,000<\/td><\/tr><tr><td>Accounts Receivable: $3,000,000<\/td><td><strong>Total Current Liabilities:<\/strong> $2,000,000<\/td><\/tr><tr><td>Inventory: $4,000,000<\/td><td><\/td><\/tr><tr><td><strong>Total Current Assets:<\/strong> $8,500,000<\/td><td>Long-Term Debt: $5,435,000<\/td><\/tr><tr><td>Property, Plant &amp; Equipment: $5,000,000<\/td><td>Common Stock: $2,000,000<\/td><\/tr><tr><td>Other Long-Term Assets: $500,000<\/td><td><strong>Retained Earnings:<\/strong> $4,565,000<\/td><\/tr><tr><td><\/td><td><strong>Total Equity:<\/strong> $6,565,000<\/td><\/tr><tr><td><strong>Total Assets:<\/strong> $14,000,000<\/td><td><strong>Total Liabilities &amp; Equity:<\/strong> $14,000,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"754\" height=\"448\" src=\"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-content\/uploads\/2025\/07\/image-3.png\" alt=\"\" class=\"wp-image-175\" style=\"width:608px;height:auto\" srcset=\"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-content\/uploads\/2025\/07\/image-3.png 754w, https:\/\/site.lmcconnell.lmu.build\/Site\/wp-content\/uploads\/2025\/07\/image-3-300x178.png 300w\" sizes=\"auto, (max-width: 754px) 100vw, 754px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"780\" height=\"450\" src=\"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-content\/uploads\/2025\/07\/image-4.png\" alt=\"\" class=\"wp-image-176\" style=\"width:614px;height:auto\" srcset=\"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-content\/uploads\/2025\/07\/image-4.png 780w, https:\/\/site.lmcconnell.lmu.build\/Site\/wp-content\/uploads\/2025\/07\/image-4-300x173.png 300w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Assets Liabilities &amp; Owner\u2019s Equity Cash: $1,000,000 Accounts Payable: $1,200,000 Marketable Securities: $500,000 Notes Payable: $800,000 Accounts Receivable: $3,000,000 Total Current Liabilities: $2,000,000 Inventory: $4,000,000 Total Current Assets: $8,500,000 Long-Term Debt: $5,435,000 Property, Plant &amp; Equipment: $5,000,000 Common Stock: $2,000,000 Other Long-Term Assets: $500,000 Retained Earnings: $4,565,000 Total Equity: $6,565,000 Total Assets: $14,000,000 Total Liabilities &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/site.lmcconnell.lmu.build\/Site\/balance-sheet\/\" class=\"more-link\">Read more<span class=\"screen-reader-text\"> &#8220;BALANCE SHEET&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inspiro_hide_title":false,"inspiro_hide_featured_image":false,"footnotes":""},"class_list":["post-40","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-json\/wp\/v2\/pages\/40","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-json\/wp\/v2\/comments?post=40"}],"version-history":[{"count":5,"href":"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-json\/wp\/v2\/pages\/40\/revisions"}],"predecessor-version":[{"id":179,"href":"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-json\/wp\/v2\/pages\/40\/revisions\/179"}],"wp:attachment":[{"href":"https:\/\/site.lmcconnell.lmu.build\/Site\/wp-json\/wp\/v2\/media?parent=40"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}