Second Quarter Balance Sheet


Troubled Times Inc.  
Balance Sheet 07/13/2000
As of June 30, 2000  
          Jun 30, '00
ASSETS          
  Current Assets        
    Checking/Savings      
      104 Cash in Bank - FNB   17,243.60
    Total Checking/Savings     17,243.60
    Other Current Assets      
      1120 Inventory Asset   755.00
    Total Other Current Assets     755.00
  Total Current Assets       17,998.60
  Fixed Assets        
    211 Equipment      
      211-001 Tiller    
        Cost 589.99
        Depreciation -99.00
      Total 211-001 Tiller   490.99
      211-002 Chipper/Shreader    
        Cost 374.99
        Depreciation -37.50
      Total 211-002 Chipper/Shreader   337.49
      211-004 Back Pack Sprayer    
        Cost 54.99
        Depreciation -9.17
      Total 211-004 Back Pack Sprayer   45.82
      211-005 Garden Seeder    
        Cost 54.99
        Depreciation -9.17
      Total 211-005 Garden Seeder   45.82
      211-006 Weed Whacker    
        Cost 144.99
        Depreciation -24.17
      Total 211-006 Weed Whacker   120.82
      211-007 TroyBilt Tiller    
        Cost 2,946.00
      Total 211-007 TroyBilt Tiller   2,946.00
      211-008 Table Saw    
        Cost 189.99
      Total 211-008 Table Saw   189.99
      211-009 Miter Saw    
        Cost 149.99
      Total 211-009 Miter Saw   149.99
      211-010 Circular Saw    
        Cost 108.99
      Total 211-010 Circular Saw   108.99
      211-013 Commercial Hydroponics System    
        Cost 1,676.00
      Total 211-013 Commercial Hydroponics System   1,676.00
      211-014 Acquaponics System    
        Cost 2,852.23
      Total 211-014 Acquaponics System   2,852.23
      211-015 Chain Saw    
        Cost 250.00
      Total 211-015 Chain Saw   250.00
      211-116 Server Computers    
        Cost 2,400.00
      Total 211-116 Server Computers   2,400.00
      211-117 Power Washer    
        Cost 129.99
      Total 211-117 Power Washer   129.99
      211-118 Power Paint Sprayer    
        Cost 139.99
      Total 211-118 Power Paint Sprayer   139.99
      211-119 Angle Grinder    
        Cost 69.99
      Total 211-119 Angle Grinder   69.99
      211-120 Wet/Dry Vac    
        Cost 34.99
      Total 211-120 Wet/Dry Vac   34.99
      211-222 Dehumidifier   259.98
    Total 211 Equipment     12,249.08
    212 Software      
      212-001 QuickBooks 99    
        Cost 124.95
      Total 212-001 QuickBooks 99   124.95
      212-002 QuickBooks Pro 2000    
        Cost 169.95
      Total 212-002 QuickBooks Pro 2000   169.95
      212-003 Server Software    
        Cost 119.02
      Total 212-003 Server Software   119.02
    Total 212 Software     413.92
  Total Fixed Assets       12,663.00
TOTAL ASSETS         30,661.60
LIABILITIES & EQUITY          
  Liabilities        
    Current Liabilities      
      Accounts Payable    
        399 Accounts Payable 2.10
      Total Accounts Payable   2.10
    Total Current Liabilities     2.10
  Total Liabilities       2.10
  Equity        
    467 Retained earnings     3,413.89
    Net Income     27,245.61
  Total Equity       30,659.50
TOTAL LIABILITIES & EQUITY         30,661.60
           


Last Updated on 7/13/00
By Ronnie L. Darby
Email: rdarby@baraboo.com