The Balance Sheet that ALWAYS BalancesThe Balance Sheet that ALWAYS Balances

This is a UNIQUE BUSINESS PRODUCT, developed by David Stevens. It has been seen by some well known CPA’s in the area. They have said, “It’s Unique” how David has it setup AND “always balances” regardless of the numbers that are changed and integrated into it. Make any change and it always Balances ALL the time.

Here is an example of what I mean:

  • BALANCE SHEET WITH BOARD STRATEGIES
    BALANCE SHEET 2016 2015
    ASSETS
    Current Assets
    Cash $8,835,305 $987,055
    Accounts receivable @ 30 days $2,054,795 $2,147,945
    Inventory $3,000,000 $2,842,000
    Total Current Assets $13,890,100 $5,977,000
    Fixed assets $2,000,000 $2,000,000
    Accumulated depreciation @ 10 years $400,000 $200,000
    Intangible assets $300,000 $300,000
    Accumulated amortization $200,000 $100,000
    Total Assets $15,590,100 $7,977,000
    LIABILITIES
    Accounts payable $164,300 $145,000
    Short term loans $      – $      –
    Accrued Expenses $      – $      –
      Dividends Common Stock @ $.25/Share $300,000 $      –
      Dividends on Preferred Stock @ $5/Share $30,000 $      –
    Taxes payable $1,454,250 $991,200
    Total Current Liabilities $1,948,550 $1,136,200
    Bank Loan $2,000,000 $2,000,000
     Bonds 1,500 @ $1,000 par value $1,500,000 $      –
    Total Liabilities $5,448,550 $3,136,200
    STOCKHOLDER’S EQUITY
    Common Stock 1,000 shares @ $1 par value $1,000,000 $1,000,000
    Common Stock 200,000 shares @ $7 par value $2,000,000 $      –
    Preferred Stock 6,000 shares, 5%, $100 par value $600,000 $      –
    Net Income $2,700,750 $1,840,800
    Accumulated prior retained earnings $3,840,800 $2,000,000
    Total Equity $10,141,550 $4,840,800
    Total Liability & Equity $15,590,100 $7,977,000
    Net Working Capital $11,941,550 $4,840,800

 

  • The Balance Sheet That ALWAYS Balances
  • Any set of numbers can be integrated into this type of balance sheet and it will ALWAYS BALANCE, Bar None.
  • This is “The Stevens Method” and it is “Unique” and every CPA that has seen this Balance Sheet has agreed.
  • Get in touch with David for a 1 on 1,
  • We will even come to your college/university or corporation if you meet the pre-requisites for a Seminar.
  • That will be determined by David, Owner of the “Stevens Method”.

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The Balance Sheet That ALWAYS Balances

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blessings,

George

p.s. “UP-COMING SOON”, An Interactive Video that illustrates “The Balance Sheet that Always Balances with the change of a click with any entry into the P & L or Balance Sheet.