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Financial Presentation: Club UpSCALE. Presented by: Cherise Bowens C.F.O. Revenue. Club Upscale Balance Sheet January 1, 2010 Assets: Liabilities: Cash 91,000 Accounts Payable 19,150 Building 100,000 Equipment 36,000 Owner's Equity: Petty Cash 12,700
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Financial Presentation: Club UpSCALE Presented by: Cherise Bowens C.F.O.
Club Upscale Balance Sheet January 1, 2010 Assets: Liabilities: Cash 91,000 Accounts Payable 19,150 Building 100,000 Equipment 36,000 Owner's Equity: Petty Cash 12,700 Prepaid Legal 7,500 QuintrellStepney, Capital 50,000 Inventory 8,650Cherise Bowens, Capital 50,000 Insurance 9,500 Daniel Chadwell, Capital 50,000 Supplies 6,800 Christina Lanham, Capital 50,000 Kyle Worcester, Capital 50,000 Total Assets: $269,150 Total Liabilities and Equity: $269,150