5-Balance Sheet Dec 2021.pdf
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- Attached to
- Master Agreement AZ|CTR063774
- Contract number
- CTR063774
- Issued by
- Arizona
About this file
This document is a Balance Sheet for Secure One Outsource Solutions, Inc., dated December 31, 2021, prepared on an accrual basis and generated on February 17, 2022. The balance sheet provides a comprehensive financial snapshot of the company's assets, liabilities, and equity as of the end of 2021.
The company's total assets are $1,066,299.28, comprising $1,042,489.20 in current assets and $23,810.08 in fixed assets. Key asset categories include checking/savings accounts totaling $423,715.13, accounts receivable of $580,015.23, and fixed assets like furniture and equipment valued at $23,810.08. On the liabilities side, the company has total liabilities of $460,539.97, including $461,189.97 in current liabilities and a long-term liability of -$650.00 for a 2016 Buick Encore. The equity section shows an opening balance equity of $581.00, retained earnings of $344,997.13, and a net income of $260,181.18, resulting in a total equity of $605,759.31.
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Text version
8:12 PM
02/17/22 Accrual Basis
Secure One Outsource Solutions, Inc.
Balance Sheet As of December 31, 2021
Dec 31, 21
ASSETS
Current Assets
Checking/Savings
1010 · Chase 5728 5,149.68
1020 · Chase 5751 10,150.55
1030 · Chase 5736 385,892.39
1040 · Nogales Bank 22,000.00
1050 · ADP PAYROLL BOA 7945 522.51
Total Checking/Savings 423,715.13
Accounts Receivable
1100 · Accounts Receivable 580,015.23
Total Accounts Receivable 580,015.23
Other Current Assets
1200 · Undeposited Funds 38,758.84
Total Other Current Assets 38,758.84
Total Current Assets 1,042,489.20
Fixed Assets
1500 · Furniture and Equipment
1510 · Scanner and Printer 21,608.06
1520 · Server and Computer 650.57
1500 Furniture and Equipment Other 1 551 451500 · Furniture and Equipment - Other 1,551.45
Total 1500 · Furniture and Equipment 23,810.08
Total Fixed Assets 23,810.08
TOTAL ASSETS 1,066,299.28
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 · Accounts Payable 24,047.42
Total Accounts Payable 24,047.42
Credit Cards
1060 · Amazon CC 6650 715.18
1061 · BOA CC 7651 Cerritos Location 125.57
1063 · BOA CC 8905 Phoenix Corp 7.55
1064 · CHASE CC 5029 Main Corp 10,166.01
Total Credit Cards 11,014.31
Other Current Liabilities
2300 · Owner Operating Loan 100,000.00
2400 · Payroll Liabilities 268,333.71
2500 · Sales Tax Payable 4,605.91
4100 · Customer Deposits 53,188.62
Total Other Current Liabilities 426,128.24
Total Current Liabilities 461,189.97
Long Term Liabilities
2600 · 2016 Buick Encore -650.00
8:12 PM
02/17/22 Accrual Basis
Secure One Outsource Solutions, Inc.
Balance Sheet As of December 31, 2021
Dec 31, 21
Total Long Term Liabilities -650.00
Total Liabilities 460,539.97
Equity
3000 · Opening Balance Equity 581.00
3010 · Retained Earnings 344,997.13
Net Income 260,181.18
Total Equity 605,759.31
TOTAL LIABILITIES & EQUITY 1,066,299.28
File details come from the government source that posted it. Updated .