In our balance sheet, Tandoori Trail starts strong and keeps growing every year.
In the first year, we hold total assets of 133,000, split evenly between cash and accounts receivable. Our liabilities are only 9,975, so almost all of our assets belong to the owners as equity of 123,025.
By the second year, total assets increase to 245,400. Liabilities stay low at 5,850, and owner equity rises to 239,550. This shows that the business is growing while still avoiding heavy debt.
In the third year, total assets reach 405,000, with cash and receivables both at 202,500. Liabilities are still small at 12,150, and equity grows to 392,850. This means the business expansion is funded mainly from our own profits and investment, giving us a safe and stable financial position.
Overall, the balance sheet shows that Tandoori Trail is building a strong cash base, keeping liabilities under control, and increasing owner equity each year. This gives us confidence to invest more in better equipment, marketing, and events as the business grows.