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Apollo Shoes Balance Sheet

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Acct # | Acct Title | W/P Ref | Last Years (Audited) | Current Years (Unaudited) | 10100 | Cash on Hand | | $1,987.28 | $2,275.23 | 10200 | Regular Checking Account | | $198,116.52 | $532,125.92 | 10300 | Payroll Checkiing Account | | | | 10400 | Savings Account | | $3,044,958.13 | $3,670,599.15 | 11000 | Accounts Receivable | | $16,410,902.71 | $49,780,259.98 | 11400 | Other Recievables | | | $1,000,000.00 | 11500 | Allowance for Doubt. Accts | | -$1,262,819.88 | -$1,254,009.75 | 12000 | Inventory-Spotlight | | $18,825,205.24 | $67,424,527.50 | 12300 | Reserve for Inventory Obsolescence | | -$3,012,000.00 | -$867,000.00 | 14100 | Prepaid Insurance | | $743,314.38 | $3,374,213.78 | 14200 | Prepaid Rent | | $200,000.00 | | 14300 | Office Supplies | | $7,406.82 | $8,540.00 | 14400 | Notes Receivable-Current | | | | 14700 | Other Current Assets | | | | 15000 | Land | | $117,000.00 | $117,000.00 | 15100 | Building and Land Improvements | | $623,905.92 | $674,313.92 | 15200 | Machinery, Equipment, Office Furniture | | $433,217.10 | $2,929,097.13 | 17000 | Accum. Depreciation | | -$164,000.00 | -$610,000.00 | 19000 | Investments | | $612,691.08 | $2,038,780.39 | 19900 | Other Noncurrent Assets | | $13,840.59 | $13,840.59 | | Total Assets | | $36,793,725.89 | $128,834,563.84 | 20000 | Accounts Payable | | $4,633,118.09 | $1,922,095.91 | 23100 | Sales Tax Payable | | | | 23200 | Wages Payable | | $29,470.32 | | 23300 | FICA Employee Withholding | | $1,318.69 | $8,439.65 | 23350 | Medicare Withholding | | $583.99 | $11,414.99 | 23400 | Federal Payroll Taxes Payable | | $6,033.01 | $118,086.12 | 23500 | FUTA Tax Payable | | | | 23600 | State Payroll Taxes Payable | | $2,815.47 | $55,106.86 | 23700 | SUTA Tax Payable | | | | 23800 | FICA Employer Withholding | |…...

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