FINANCIAL STATEMENT
JONATHAN. KEPHART
1/14/2007 15:51
ASSETS  
CURRENT ASSETS  
CASH IN BANKS    
BICYCLES 200  
DRUMSET 800  
RECEIVER 100  
SPEAKER BOX 50  
PAINT BALL GUN AND ACCESSORIES 125  
PETTY CASH 100  
THREE WHEELER 200  
DIRT BIKE 200  
SPEAKERS 200  
     
NOTES DUE FROM RELATIVES 150  
     
TOTAL CURRENT ASSETS   2125  
   
FIXED ASSETS  
VACANT LAND    
LAND WITH BUILDINGS    
OWNER CARRYBACK NOTES AND TRUST DEEDS    
CONTRACTORS EQUIPMNENT    
TRUCKS, CARS, PICKUPS 600  
COMPUTORS AND OFFICE EQUIPMENT    
OFFICE EQUIPMENT    
TOTAL FIXED ASSETS   600  
TOTAL ASSETS 2725
   
   
LIABILITIES    
CURRENT LIABILITIES  
ACCOUNTS PAYABLE    
OWES GRANDFATHER 200  
MORTGAGE PAYMENTS PAYABLE W/N ONE YEAR    
PAYROLL AND WITHHELD TAXES 0  
PROPERTY TAXES DUE W/N 1 YEAR    
INSURANCE PREMIUMS DUE W/N 1 YEAR    
REPAIRS AND MISC ESTIM W/N NEXT YEAR    
TOTAL CURRENT LIABILITIES 200  
   
   
LONG TERM LIABILITIES  
NOTES PAYABLE AFTER ONE YEAR 0  
     
TOTAL LONG TERM LIABILITIES 0  
     
TOTAL LIABILITIES 200
   
OWNERSHIP AND EQUITY  
   
CAPITAL    
NET INCOME FOR LAST 12 MONTHS    
   
     LESS PROPRIEFTOR'S DRAWINGS    
     
TOTAL WORTH  $         2,525  
   
TOTAL OWNERSHIP AND EQUITY 2925  
TOTAL LIABILITIES & EQUITIES 2925
         

Jonathans Goals:

Spiritual: To go to church regularly and play drums at church.

Family: To get along better with parents.

Educational: Graduate from High School this year and start trade school or college.

Improved Relationship Goal: Wants to get along better with parents.

Physical Goal: Start a work out program

Vocational Goal: Be a diesel mechanic.

Financial Goal: To have a $100,000 net worth by January 1, 2008