Now lets all remember AWEB is a start-up, here's their balance sheet as of 12/31/97.
AlinetServices-com Corp. Consolidated Balance Sheet December 31, 1997 (Unaudited)
Assets
Current Assets
Cash $485,411
Accounts Receivable Inventory 5,142
Inventory 101,875
Other current assets 11,250
Total current assets $603,678
Plant and Equipment-net 29,030
Total Assets $632,708
Liabilities and Shareholder's Equity
Current Liabilities
Accounts Payable $38,548
Income Taxes Payable 0
Current Portion of Notes Payable 0
Total current liabilities $38,548
Long-Term Debt $0
Total Liabilities $38,548
Stockholders Equity
Common Stock-Par Value $ .001
(50,000,000 authorized, 5,850,000 issued and outstanding) $5,850
Additional Paid-in Capital 675,000
Retained Earnings/Loss (86,690)
Total Stockholder's Equity $594,160
Total Liabilities & Stockholder's Equity $632,708 |
