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| | | | Balance
Sheet Kipuka Wai, Inc. First balance sheet, as of 9-15-98 In numbered lines for Federal tax return |
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| Beginning of tax year
| End of tax year
| My notes (not part of return)
| | Assets
| 1. Cash |
0
| 1,000
| | Cash - some deposited, some not |
| | 10.
Land |
| 10,000 | | Land | |
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11. Other assets | 0 | 3,000 | | 3K goodwill | |
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Total assets | 0 | 14,000 | |
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| | | Liabilities and Shareholders' Equity | 18. Capital stock | 0 | 3,000 | | Goodwill stock | |
| | | 19. Additional paid-in capital | 0 | 11,000 | | Hard asset stock | |
| | | 20. Retained earnings | 0 | 0 | | Gains or (losses) accumulated (so anything we claim as deduction, loss gets added here each year)
| | | Total liabilities and shareholders' equity | 0 | 14,000 | | |
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