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Acme Inc.
Balance Sheet
December 31, 2020
Assets
Current assets
Cash
Accounts receivable
Marketable securities
Inventory
Prepaid expenses
$100,000
20,000
10,000
15,000
4,000
Non-current assets
Land
Intangible assets
Loans receivable
250,000
50,000
19,300
Total Assets
$468,300
Liabilties
Current liabilities
Accounts payable
Taxes payable
Notes payable
Deferred revenue
$30,000
5,000
10,000
2,000
Non-current liabilities
Long-term debt
200,000
Shareholder's Equity
Common stock
Retained earnings
$10,000
211,300
Total Liabilities and Shareholder's Equity
$468,300
Canada Revenue Agency
T4
Statement of Remuneration Paid
14
16
Canada Revenue Agency
T5
Statement of Investment Income
25
18
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