Today I completed transaction and got 25 HRK for book I sold via auction site. I added 140 HRK to my doubling project as doubling income tax. Still didn't have time to go to the ATM to pick it up in cash, but I issue an IOU to my doubling project. Also, I borrowed some change from my doubling project and issued IOUs for that with interest (10% minimum). In addition, I started to collect plastic bottles. I can get 0.50 HRK for each plastic bottle. Currently I have 5 bottles, and I added their value under Inventory in my balance sheet.
Assets | |
Cash | 373.00 |
Incoming Checks | 3,834.19 |
Business Loan | 1,608.00 |
Inventory | 270.13 |
IOUs | 153.00 |
Total assets | 6,238.32 |
Liabilities | |
Total liabilities | 0.00 |
Net worth | 6,238.32 |
So, new net worth of My Doubling Adventure is 6,238.32 HRK.
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