Form Schedule L Schedule L Balance Sheets Per Books

Page 5

Form 1120 (2009)

Schedule L

Balance Sheets per Books

Beginning of tax year
(a)
(b)

Assets
1

Cash

2a
b
3
4

Trade notes and accounts receivable
Less allowance for bad debts . .
Inventories . . . . . . . .
U.S. government obligations
. .

.

.

.

.
.
.
.

.
.
.
.

.
.
.
.

5
6
7

Tax-exempt securities (see instructions)
Other current assets (attach schedule) .
Loans to shareholders . . . . .

.
.
.

.
.
.

8
9
10a

Mortgage and real estate loans . . .
Other investments (attach schedule) .
Buildings and other depreciable assets

.
.
.

.
.
.

b
11a
b

Less accumulated depreciation .
Depletable assets . . . . .
Less accumulated depletion . .

.
.
.

.
.
.

.
.
.

.
.
.

12
13a

Land (net of any amortization) . .
Intangible assets (amortizable only)

.
.

.
.

.
.

14
15

Less accumulated amortization .
Other assets (attach schedule) .
Total assets
. . . . . .

.
.
.

.
.
.

.
.
.

16
17
18

Accounts payable . . . . . . . . .
Mortgages, notes, bonds payable in less than 1 year
Other current liabilities (attach schedule) . .

19
20
21

Loans from shareholders . . . . . . .
Mortgages, notes, bonds payable in 1 year or more
Other liabilities (attach schedule) . . . .
Capital stock: a Preferred stock . . . .
b Common stock . . . .

b

.

.

.

.

.

.

.

.

.

.
.
.

End of tax year
(c)

(d)

(

)

(

)

(

)

(

)

(

)

(

)

(

)

(

)

Liabilities and Shareholders’ Equity

22
23

Additional paid-in capital .

24
25
26

Retained earnings—Appropriated (attach schedule)
Retained earnings—Unappropriated . . .
Adjustments to shareholders’ equity (attach schedule)

27
28

Less cost of treasury stock . . . .
Total liabilities and shareholders’ equity

Schedule M-1

.

.

.

.

.

.
.

.

.
.

(

)

(

)

Reconciliation of Income (Loss) per Books With Income per Return
Note: Schedule M-3 required instead of Schedule M-1 if total assets are $10 million or more—see instructions

1

Net income (loss) per books .

.

.

.

.

.

2

Federal income tax per books

.

.

.

.

.

3
4

Excess of capital losses over capital gains

5

Expenses recorded on books this year not
deducted on this return (itemize):
Depreciation . . . . $
Charitable contributions . $
Travel and entertainment . $

7

Income recorded on books this year
not included on this return (itemize):
Tax-exempt interest $

8

Deductions on this return not charged
against book income this year (itemize):
a Depreciation . . $
b Charitable contributions $

9
10

Add lines 7 and 8 . . . . . .
Income (page 1, line 28)—line 6 less line 9

.

Income subject to tax not recorded on books
this year (itemize):

a
b
c
6

Add lines 1 through 5 .

Schedule M-2
1
2
3

4

.

.

.

.

.

.

.

Analysis of Unappropriated Retained Earnings per Books (Line 25, Schedule L)

Balance at beginning of year
Net income (loss) per books .
Other increases (itemize):

Add lines 1, 2, and 3 .

.

.

.
.

.

.
.

.

.
.

.

.
.

.

.
.

.

5

6
7
8

Distributions: a Cash
b Stock

.
.

.
.

.
.

.
.

c Property
Other decreases (itemize):

.

.

.

Add lines 5 and 6 . . . . . .
Balance at end of year (line 4 less line 7)
Form

1120

(2009)