| Online Bookkeeping Service – Reports Completed by Integra Online Bookkeeping | |||||||||||||
| MISTY MOUNTAINS INC | |||||||||||||
| Balance Sheet Prev Year Comparison | |||||||||||||
| As on Dec 31 2009 | |||||||||||||
| Dec 31, 2008 | Dec 31,2009 | $ Change | % Change | ||||||||||
| ASSETS | |||||||||||||
| Current Assets | |||||||||||||
| Chequing/Savings | |||||||||||||
| Chequing | 114,196.40 | -309,872.68 | 424,069.08 | -136.85% | |||||||||
| Total Chequing/Savings | 114,196.40 | -309,872.68 | 424,069.08 | -136.85% | |||||||||
| Accounts Receivable | |||||||||||||
| Accounts Receivable | 23,578.30 | 0.00 | 23,578.30 | 100.0% | |||||||||
| Total Accounts Receivable | 23,578.30 | 0.00 | 23,578.30 | 100.0% | |||||||||
| Other Current Assets | |||||||||||||
| Inventory Asset | 19,720.80 | 0.00 | 19,720.80 | 100.0% | |||||||||
| Undeposited Funds | 4,162.64 | 0.00 | 4,162.64 | 100.0% | |||||||||
| Total Other Current Assets | 23,883.44 | 0.00 | 23,883.44 | 100.0% | |||||||||
| Total Current Assets | 161,658.14 | -309,872.68 | 471,530.82 | -152.17% | |||||||||
| Fixed Assets | |||||||||||||
| Property Plant & Equipment | |||||||||||||
| Computer Equipment | |||||||||||||
| Cost | 5,940.00 | 0.00 | 5,940.00 | 100.0% | |||||||||
| Total Computer Equipment | 5,940.00 | 0.00 | 5,940.00 | 100.0% | |||||||||
| Computer Software | |||||||||||||
| Cost | 832.00 | 0.00 | 832.00 | 100.0% | |||||||||
| Total Computer Software | 832.00 | 0.00 | 832.00 | 100.0% | |||||||||
| Vehicles | |||||||||||||
| Cost | 6,480.00 | 0.00 | 6,480.00 | 100.0% | |||||||||
| Total Vehicles | 6,480.00 | 0.00 | 6,480.00 | 100.0% | |||||||||
| Total Property Plant & Equipment | 13,252.00 | 0.00 | 13,252.00 | 100.0% | |||||||||
| Total Fixed Assets | 13,252.00 | 0.00 | 13,252.00 | 100.0% | |||||||||
| TOTAL ASSETS | 174,910.14 | -309,872.68 | 484,782.82 | -156.45% | |||||||||
| LIABILITIES & EQUITY | |||||||||||||
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | |||||||||||||
| Accounts Payable | 3,685.01 | 0.00 | 3,685.01 | 100.0% | |||||||||
| Total Accounts Payable | 3,685.01 | 0.00 | 3,685.01 | 100.0% | |||||||||
| Credit Cards | |||||||||||||
| Credit Cards | |||||||||||||
| MasterCard | 9,654.15 | 0.00 | 9,654.15 | 100.0% | |||||||||
| Visa | 7,966.05 | 0.00 | 7,966.05 | 100.0% | |||||||||
| Total Credit Cards | 17,620.20 | 0.00 | 17,620.20 | 100.0% | |||||||||
| Total Credit Cards | 17,620.20 | 0.00 | 17,620.20 | 100.0% | |||||||||
| Other Current Liabilities | |||||||||||||
| GST/HST Payable | 2,707.48 | 0.00 | 2,707.48 | 100.0% | |||||||||
| PST Payable | 1,794.31 | 0.00 | 1,794.31 | 100.0% | |||||||||
| Payroll Liabilities | 8,009.71 | 8,009.71 | 0.00 | 0.0% | |||||||||
| Total Other Current Liabilities | 12,511.50 | 8,009.71 | 4,501.79 | 56.2% | |||||||||
| Total Current Liabilities | 33,816.71 | 8,009.71 | 25,807.00 | 322.2% | |||||||||
| Long Term Liabilities | |||||||||||||
| Term Loan | 96,150.00 | 0.00 | 96,150.00 | 100.0% | |||||||||
| Total Long Term Liabilities | 96,150.00 | 0.00 | 96,150.00 | 100.0% | |||||||||
| Total Liabilities | 129,966.71 | 8,009.71 | 121,957.00 | 1,522.61% | |||||||||
| Equity | |||||||||||||
| Retained Earnings | -317,882.39 | -317,882.39 | 0.00 | 0.0% | |||||||||
| Net Income | 362,825.82 | 0.00 | 362,825.82 | 100.0% | |||||||||
| Total Equity | 44,943.43 | -317,882.39 | 362,825.82 | -114.14% | |||||||||
| TOTAL LIABILITIES & EQUITY | 174,910.14 | -309,872.68 | 484,782.82 | -156.45% | |||||||||
| Online Bookkeeping Services | |||||||||||||