Demo books / Boat detailing & marine services
Bluewater Marine Detailing LLC
FY2025 · fabricated business, fabricated accounts
Trial balance
debits = credits
✓ Foots to zero0.00
Balance sheet
assets = liabilities + equity
✓ Balances0.00
Profit & loss
FY2025
| Revenue | |
| 4000SalesSch C Part I | 48,534.16 |
| Total revenue | 48,534.16 |
| Expenses | |
| 6009Car & truck expensesSch C 9 | 767.06 |
| 6015Insurance (non-health)Sch C 15 | 2,514.41 |
| 6016InterestSch C 16 | 184.54 |
| 6018Office expenseSch C 18 | 849.70 |
| 6021Repairs & maintenanceSch C 21 | 1,246.41 |
| 6022SuppliesSch C 22 | 3,099.77 |
| 6024bMealsSch C 24b | 216.40 |
| 6025UtilitiesSch C 25 | 1,440.86 |
| Total expenses | 10,319.15 |
| Net income | 38,215.01 |
Balance sheet
Assets = Liabilities + Equity
| Assets | |
| 1000Checking | 36,926.90 |
| Total assets | 36,926.90 |
| Liabilities | |
| 2000Credit card | 3,683.08 |
| Total liabilities | 3,683.08 |
| Equity | |
| 3000Owner's capital | 5,900.00 |
| 3100Owner's draw | -10,871.19 |
| 3900Net income for the period | 38,215.01 |
| Total equity | 33,243.82 |
| Liabilities + equity | 36,926.90 |
Trial balance
Every account, both columns
| Account | Debit | Credit |
|---|---|---|
| 1000Checking | 36,926.90 | |
| 2000Credit card | 3,683.08 | |
| 3000Owner's capital | 5,900.00 | |
| 3100Owner's draw | 10,871.19 | |
| 4000Sales | 48,534.16 | |
| 6009Car & truck expenses | 767.06 | |
| 6015Insurance (non-health) | 2,514.41 | |
| 6016Interest | 184.54 | |
| 6018Office expense | 849.70 | |
| 6021Repairs & maintenance | 1,246.41 | |
| 6022Supplies | 3,099.77 | |
| 6024bMeals | 216.40 | |
| 6025Utilities | 1,440.86 | |
| Totals | 58,117.24 | 58,117.24 |
Schedule C mapping
Form 1040, by line number
| Part IGross receipts | 48,534.16 |
| Line 9Car & truck expenses | 767.06 |
| Line 15Insurance (non-health) | 2,514.41 |
| Line 16Interest | 184.54 |
| Line 18Office expense | 849.70 |
| Line 21Repairs & maintenance | 1,246.41 |
| Line 22Supplies | 3,099.77 |
| Line 24bMealsMeals are generally 50% deductible | 216.40 |
| Line 25Utilities | 1,440.86 |
| Total expenses | 10,319.15 |
Mapped to IRS Schedule C (Form 1040). This is a categorization of your books, not tax advice.
Every amount is shown in its account's own normal direction, which is why these tables carry no minus signs. All four reports are read from the same journal — if the trial balance foots, the balance sheet balances, because they are two views of one set of rows.