TechStart Innovations Inc.
Balance Sheet Consolidation October 2024
Total Assets
$542,950
Consolidated Value
Total Liabilities
$170,500
Current & Long-term
Total Equity
$372,450
Shareholder Value
Debt-to-Asset Ratio
31.4%
Financial Leverage

Consolidated Balance Sheet

Account Amount (USD)
ASSETS
Current Assets
Cash and Cash Equivalents $147,950
Accounts Receivable $85,000
Inventory $45,000
Total Current Assets $277,950
Non-Current Assets
Property, Plant & Equipment $250,000
Intangible Assets $15,000
Total Non-Current Assets $265,000
TOTAL ASSETS $542,950

Liabilities & Equity

Account Amount (USD)
LIABILITIES
Current Liabilities
Accounts Payable $42,000
Accrued Expenses $8,500
Total Current Liabilities $50,500
Non-Current Liabilities
Long-term Debt $120,000
Total Non-Current Liabilities $120,000
TOTAL LIABILITIES $170,500
EQUITY
Share Capital $250,000
Retained Earnings $122,450
TOTAL EQUITY $372,450

Asset Breakdown

Liability Composition

Automated Adjustments & Audit Log

Cash Reconciliation Completed
Reconciled cash discrepancy between bank statement and ledger
$600
Invoice Matching Automated
Matched and verified Invoice #9921 against purchase order
$12,450
Fixed Asset Capitalization
Capitalized Server Cluster purchase as Property, Plant & Equipment
$45,000
Accrued Expenses Validation
Verified and adjusted quarterly accrued payroll expenses
$8,500
Generated by AI Financial Engine

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