Cheque Cheques CURRENT ASSETS Chequing Account Petty Cash Accounts Receivables Allowance for doubtful accounts INVENTORY ASSETS Inventory / General Inventory / Aftermarket Parts Inventory / Raw Materials CAPITAL ASSETS Office Furniture & Equipment Accum. Amort. -Furn. & Equip. Vehicle Accum. Amort. -Vehicle CURRENT LIABILITIES Accounts Payable Federal Taxes Payable Provincial Taxes Payable GST PST Vacation Pay Payable WCB Payable PAYROLL DEDUCTIONS EI Payable CPP Payable Income Tax Payable LONG TERM LIABILITIES Bank Loans Loans from Shareholders SHARE CAPITAL Common Shares SALES REVENUE General Sales Aftermarket Parts OTHER REVENUE Shipping & Handling Interest Foreign Exchange Gain / (Loss) COST OF GOODS SOLD Purchases Aftermarket Parts Freight PAYROLL EXPENSES Wages & Salaries EI Expense CPP Expense WCB Expense GENERAL & ADMINISTRATIVE EXPENSES Accounting & Legal Advertising & Promotions Bad Debts Amortization Expense Income Taxes Insurance Interest & Bank Charges Office Supplies Rent Repair & Maintenance Telephone Travel & Entertainment Utilities Licenses