[Your Business Name]

Opening Balance Sheet

[Mmmm Dd, 200X]

Assets

Current Assets:

Cash $__________

Accounts receivable $__________

Inventory $__________

Short-term loans $__________

Prepaid expenses $__________

Long-term loans $__________

Land $__________

Buildings $__________

Improvements $__________

Equipment $__________

Furniture $__________

Vehicles $__________

Other Assets $__________

TOTAL ASSETS $__________

Liabilities

Accounts payable $__________

Short-term notes payable $__________

Interest payable $__________

Taxes payable $__________

Long-term notes payable $__________

TOTAL LIABILITIES $__________

Capital or Owner's Equity

Stock $__________

Retained earnings $__________

TOTAL CAPITAL or OWNER'S EQUITY $__________

(Total Assets will always equal Total Liabilities plus Total Capital)