Second Quarter Balance Sheet


Troubled Times Inc.  
Balance Sheet 07/13/2000
As of June 30, 2000  
          Jun 30, '00
ASSETS          
  Current Assets        
    Checking/Savings      
      104 · Cash in Bank - FNB   17,243.60
    Total Checking/Savings     17,243.60
    Other Current Assets      
      1120 · Inventory Asset   755.00
    Total Other Current Assets     755.00
  Total Current Assets       17,998.60
  Fixed Assets        
    211 · Equipment      
      211-001 · Tiller    
        Cost 589.99
        Depreciation -99.00
      Total 211-001 · Tiller   490.99
      211-002 · Chipper/Shreader    
        Cost 374.99
        Depreciation -37.50
      Total 211-002 · Chipper/Shreader   337.49
      211-004 · Back Pack Sprayer    
        Cost 54.99
        Depreciation -9.17
      Total 211-004 · Back Pack Sprayer   45.82
      211-005 · Garden Seeder    
        Cost 54.99
        Depreciation -9.17
      Total 211-005 · Garden Seeder   45.82
      211-006 · Weed Whacker    
        Cost 144.99
        Depreciation -24.17
      Total 211-006 · Weed Whacker   120.82
      211-007 · TroyBilt Tiller    
        Cost 2,946.00
      Total 211-007 · TroyBilt Tiller   2,946.00
      211-008 · Table Saw    
        Cost 189.99
      Total 211-008 · Table Saw   189.99
      211-009 · Miter Saw    
        Cost 149.99
      Total 211-009 · Miter Saw   149.99
      211-010 · Circular Saw    
        Cost 108.99
      Total 211-010 · Circular Saw   108.99
      211-013 · Commercial Hydroponics System    
        Cost 1,676.00
      Total 211-013 · Commercial Hydroponics System   1,676.00
      211-014 · Acquaponics System    
        Cost 2,852.23
      Total 211-014 · Acquaponics System   2,852.23
      211-015 · Chain Saw    
        Cost 250.00
      Total 211-015 · Chain Saw   250.00
      211-116 · Server Computers    
        Cost 2,400.00
      Total 211-116 · Server Computers   2,400.00
      211-117 · Power Washer    
        Cost 129.99
      Total 211-117 · Power Washer   129.99
      211-118 · Power Paint Sprayer    
        Cost 139.99
      Total 211-118 · Power Paint Sprayer   139.99
      211-119 · Angle Grinder    
        Cost 69.99
      Total 211-119 · Angle Grinder   69.99
      211-120 · Wet/Dry Vac    
        Cost 34.99
      Total 211-120 · Wet/Dry Vac   34.99
      211-222 · Dehumidifier   259.98
    Total 211 · Equipment     12,249.08
    212 · Software      
      212-001 · QuickBooks 99    
        Cost 124.95
      Total 212-001 · QuickBooks 99   124.95
      212-002 · QuickBooks Pro 2000    
        Cost 169.95
      Total 212-002 · QuickBooks Pro 2000   169.95
      212-003 · Server Software    
        Cost 119.02
      Total 212-003 · Server Software   119.02
    Total 212 · Software     413.92
  Total Fixed Assets       12,663.00
TOTAL ASSETS         30,661.60
LIABILITIES & EQUITY          
  Liabilities        
    Current Liabilities      
      Accounts Payable    
        399 · Accounts Payable 2.10
      Total Accounts Payable   2.10
    Total Current Liabilities     2.10
  Total Liabilities       2.10
  Equity        
    467 · Retained earnings     3,413.89
    Net Income     27,245.61
  Total Equity       30,659.50
TOTAL LIABILITIES & EQUITY         30,661.60
           


Last Updated on 7/13/00
By Ronnie L. Darby
Email: rdarby@baraboo.com