12/31/200570001650020002550017000035000 135000750002100

    12/31/200570001650020002550017000035000
    135000750002100002355001100060000110007000300012800022000052000225007450014200043650012/31/2005700016500235002250060000110007000100500770001610000-77000-77000840001900065000Webb Trucking Company
    Classified Balance Sheet
    Assets
    Current assets
    Cash
    Accounts Receivable
    Total current assets
    Prepaid Expenses
    Plant assets
    Trucks
    Less accumulated depreciation
    Land
    Total plant assets
    Current liabilities
    Accounts payable
    Interests payable
    Trucking fees earned
    Salaries Expense
    Office supplies expense
    Repairs expense
    Total current liabilities
    Long-term liabilities
    Notes payable
    Depreciation expense
    Total long-term liabilities
    Equity
    K. Webb Capital
    Total Assets
    Total liabilities and equity
    Liabilities
    Revenues
    Accouts Receivable
    Income Statement
    Total Revenue
    Expenses
    Depreciation Expense
    Wage Expense
    Repair Expense
    Supplies Expense
    Total Expense
    Net Loss
    Statement of Owners Equity
    For Year Ended December 31 2005
    K. Webb Capital December 31 2004
    Add: Investment by owner
    Less: Withdrawals by owner
    K. Webb Capital December 31 2005

    Attachments:

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