Impact Fusion International Inc (IFUS)

[pantherj]

2013 Supreme Energy Balance Sheet:


SUPREME ENERGY RESOURCES, INC
Balance Sheet
As of December 31, 2013
Accrual Basis Dec 31, 2013

ASSETS
Current Assets
Checking/Savings
Chase Bank -3.95
PNC Bank 2,049.28
Total Checking/Savings 2,045.28

Accounts Receivable
Accounts Receivable 15,014.00
Total Accounts Receivable 15,014.00

Other Current Assets
Inventory Asset 98,459.20
Pallets 9,505.88
Total Other Current Assets 107,965.08
Total Current Assets 125,024.36

Fixed Assets
Buildings 154,862.85
Land 219,502.00
Total Fixed Assets 374,364.85

TOTAL ASSETS 499,389.21

LIABILITIES & EQUITY

Liabilities
Current Liabilities
Accounts Payable
Accounts Payable 171,780.38
Total Accounts Payable 171,780.38

Other Current Liabilities
Due to Related Party 1,143.68
Total Other Current Liabilities 1,143.68
Total Current Liabilities 172,924.06

Long Term Liabilities
Funds Transfer -150.00
Mortgage Payable 300,000.00
Note Payable 225,500.00
Total Long Term Liabilities 525,350.00

Total Liabilities 696,274.06

Equity
Opening Balance Equity 74,464.85
Retained Earnings -15,982.50
NET INCOME -257,387.20

TOTAL EQUITY -198,884.85

TOTAL LIABILITIES & EQUITY 499,389.21