Monday, November 20, 2006 12:41:25 PM
Consolidated Balance Sheet
For the period ending May 31, 2006
Cash: 45
Accounts Rec. (Note: 1): 14
Other AR (1a): 750
Inventory(2): 2,456
Current Assets: $2,515
Miscellaneous (3) 44
Tipped over furniture: 100
Range Rover (4): 30,000
Total Assets: $32,659
Liabilities:
Rent past due on facility: 100,000
Current portion of LT debt(5): 666
Accounts payable: 35,000
Current Liabilities: $135,666
Long term debt due to Satan: 666,666
Total Liabilities: $802,322
Total Shareholder's deficit: ($769,763)
Total L + OE: $32,659
Notes to financial statements:
(1) Consists of uncashed winning scratch off lottery tickets.
(1a) cash advance due from Petar V. for company meeting at strip club.
(2) Miscellaneous assets are as stated, fake suede jacket, six pack of white hanes t-shirts, fake designer sunglasses
(3) Nails, Lumber, Cement, a 3/4 full jumbo sized jar of hair gel, 1 litre of vodka, and a 1/2 pack of cigarettes.
(4) Company car currently on loan to CEO.
(5) Amount due this year from obligations related to contract with satan.
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