Rd 442-3

Position 3
Form RD 442-3
(Rev. 3-97)

FORM APPROVED
OMB No. 0575-0015

Name

BALANCE SHEET

Address

Month Day

ASSETS

Year Month Day

Current Year

CURRENT ASSETS

1. Cash on hand in Banks
2. Time deposits and short-term investments
3. Accounts receivable
4. Less: Allowance for doubtful accounts
5. Inventories
6. Prepayments
7.
8.
9.
Total Current Assets (Add 1 through 8)

Year

Prior Year

(

)(

)

(

)(

)

FIXED ASSETS

10. Land
11. Buildings
12. Furniture and equipment
13.
14.
Less: Accumulated depreciation
15. Net Total Fixed Assets (Add 10 through 14)
OTHER ASSETS

16.
17.
18.

Total Assets (Add 9, 15, 16 and 17)
LIABILITIES AND EQUITIES
CURRENT LIABILITIES

19. Accounts payable
20. Notes payable
21. Current portion of USDA note
22. Customer deposits
23. Taxes payable
24. Interest payable
25.
26.
27.
Total Current Liabilities (Add 19 through 26)
LONG-TERM LIABILITIES

28. Notes payable USDA
29.
30.
31.
Total Long-Term Liabilities (Add 28 through 30)
32.
Total Liabilities (Add 27 and 31)
EQUITY

33. Retained earnings
34. Memberships
35.
Total Equity (Add lines 33 and 34)
36.
Total Liabilities and Equity (Add lines 32 and 35)
CERTIFIED CORRECT

Date

Appropriate Official (Signature)

According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless it displays a valid OMB control number. The valid OMB control number for this
information collection is 0570-0015. The time required to complete this information is estimated to average 1 hour per response, including the time for reviewing instructions, searching existing data sources,
gathering and maintaining the data needed, and completing and reviewing the collection of information.

RD 442-3 (Rev. 3-97)