AcmeWidgetCorp Balance Sheet

Assets
2019 2020 2021
Cash This is the cash we currently have on hand. $25 $30 $28
Checking Our primary transactional account. $54 $56 $53
Savings Funds set aside for emergencies. $500 $650 $728
Total Assets $579 $736 $809
Liabilities
2019 2020 2021
Loans The outstanding balance on our startup loan. $500 $250 $0
Expenses Annual anticipated expenses, such as payroll. $200 $300 $400
Credit The outstanding balance on our credit card. $50 $50 $75
Total Liabilities $750 $600 $475
Net Worth
2019 2020 2021
Total Net Worth $-171 $136 $334