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Lone Pine Cafe

   
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Title: Lone Pine Cafe
 
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Subject: Business
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Date: January 16, 2007
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Henry Antoine, Capital $16,000 Mrs. Antoine, Capital $16,000 Mrs. Sandra Landers, Capital $16,000 Total shareholders’ equity $48,000 Total Liabilities and Shareholders’ equity $69,000 Lone Pine Cafe Balance Sheet As of March 30, 2006 Assets Current assets: Cash (account + register) $1,341 Inventory $2,430 Total current assets $3,771 Other assets: Accounts Receivable $870 Equipment? $54,600 Less depreciation ($2,445) Prepaid expenses ($1,428/12 mo...
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Henry Antoine, Capital $16,000 Mrs. Antoine, Capital $16,000 Mrs. Sandra Landers, Capital $16,000 Total shareholders’ equity $48,000 Total Liabilities and Shareholders’ equity $69,000 Lone Pine Cafe Balance Sheet As of March 30, 2006 Assets Current assets: Cash (account + register) $1,341 Inventory $2,430 Total current assets $3,771 Other assets: Accounts Receivable $870 Equipment? $54,600 Less depreciation ($2,445) Prepaid expenses ($1,428/12 mo...
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