Demo books / Coffee roasting & wholesale
Kestrel Ridge Coffee Roasters 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 | 113,470.14 |
| Total revenue | 113,470.14 |
| Cost of goods sold | |
| 5000Cost of goods soldSch C Part III | 843.55 |
| Gross profit | 112,626.59 |
| Expenses | |
| 6008AdvertisingSch C 8 | 1,728.91 |
| 6010Commissions & feesSch C 10 | 397.27 |
| 6016InterestSch C 16 | 83.68 |
| 6018Office expenseSch C 18 | 2,323.91 |
| 6020Rent or leaseSch C 20 | 11,689.40 |
| 6022SuppliesSch C 22 | 5,726.51 |
| 6024bMealsSch C 24b | 489.32 |
| 6025UtilitiesSch C 25 | 5,042.15 |
| 6999Uncategorized | 165.76 |
| Total expenses | 27,646.91 |
| Net income | 84,979.68 |
Balance sheet
Assets = Liabilities + Equity
| Assets | |
| 1000Checking | 88,840.38 |
| Total assets | 88,840.38 |
| Liabilities | |
| 2000Credit card | 1,260.08 |
| Total liabilities | 1,260.08 |
| Equity | |
| 3000Owner's capital | 12,750.00 |
| 3100Owner's draw | -10,149.38 |
| 3900Net income for the period | 84,979.68 |
| Total equity | 87,580.30 |
| Liabilities + equity | 88,840.38 |
Trial balance
Every account, both columns
| Account | Debit | Credit |
|---|---|---|
| 1000Checking | 88,840.38 | |
| 2000Credit card | 1,260.08 | |
| 3000Owner's capital | 12,750.00 | |
| 3100Owner's draw | 10,149.38 | |
| 4000Sales | 113,470.14 | |
| 5000Cost of goods sold | 843.55 | |
| 6008Advertising | 1,728.91 | |
| 6010Commissions & fees | 397.27 | |
| 6016Interest | 83.68 | |
| 6018Office expense | 2,323.91 | |
| 6020Rent or lease | 11,689.40 | |
| 6022Supplies | 5,726.51 | |
| 6024bMeals | 489.32 | |
| 6025Utilities | 5,042.15 | |
| 6999Uncategorized | 165.76 | |
| Totals | 127,480.22 | 127,480.22 |
Schedule C mapping
Form 1040, by line number
| Part IGross receipts | 113,470.14 |
| Line Part IIICost of goods sold | 843.55 |
| Line 8Advertising | 1,728.91 |
| Line 10Commissions & fees | 397.27 |
| Line 16Interest | 83.68 |
| Line 18Office expense | 2,323.91 |
| Line 20Rent or lease | 11,689.40 |
| Line 22Supplies | 5,726.51 |
| Line 24bMealsMeals are generally 50% deductible | 489.32 |
| Line 25Utilities | 5,042.15 |
| Total expenses | 28,324.70 |
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.