September 30, 2012 and 2013
ASSETS | 2013 | 2012 |
Current Assets | ||
Cash | $123,142.00 | $111,279.00 |
Investments | - | $20,388.00 |
Accounts Receivable | $3,214.00 | $3,790.00 |
Inventory | $28,089.00 | $25,942.00 |
Total Current Assets | $154,445.00 | $161,399.00 |
Property and Equipment | $200.00 | $255.00 |
TOTAL ASSETS | $154,645.00 | $161,654.00 |
LIABILITIES AND NET ASSETS | ||
Current Liabilities | ||
Accounts Payable | $325.00 | $598.00 |
Payroll Tax Liabilities | $2,202.00 | $2,080.00 |
Accrued Payroll | $5,351.00 | $5,474.00 |
Credit Card Payable | $207.00 | $89.00 |
Deferred Revenue | $2,000.00 | $5,055.00 |
Sales Tax Payable | $67.00 | $48.00 |
Total Current Liabilities | $10,152.00 | $13,344.00 |
Net Assets Unrestricted | $144,493.00 | $148,310.00 |
TOTAL LIABILITIES & NET ASSETS | $154,645.00 | $161,654.00 |