S.S. BOUTIQUE

BUDGET STATEMENT OF FINANCIAL POSITION – CASH BASIS

DECEMBER 31, 2019

ASSETS
Cash             $2,900

Furniture     $1,500

TOTAL ASSETS $4,400

LIABILITY

$0

NET ASSETS

$4,400

TOTAL LIABILITY AND NET ASSETS $4,400

 

S.S. BOUTIQUE

BUDGET STATEMENT OF ACTIVITIES – CASH BASIS

YEAR ENDING DECEMBER 31, 2019

REVENUE

Donations              $3,000

Grants                     $35,000

Market Place          $8,000

Fundraisers            $5,000

TOTAL REVENUE         $51,000

EXPENSES

Rent                        $15,000

Insurance              $700

Salaries .                $20,000

Payroll Taxes        $1,600

Operating Costs   $10,000

TOTAL EXPENSES       $47,300

NET REVENUE              $3,700