Laserfiche WebLink
H.A. CONTRACTING CORPORATION <br />BALANCE SHEET <br />DECEMBER 31, 2022 <br />ASSETS <br />CURRENT ASSETS <br />Cash 961,950$ <br />Marketable securities (Note 2) 67,848 <br />Contract receivables (Note 3) 7,518,700 <br />Cost and estimated earnings in excess of billings on <br />uncompleted contracts (Note 4) 1,197,697 <br />Other 15,000 <br />Total current assets 9,761,195 <br />PROPERTY AND EQUIPMENT (NOTE 5) 187,674 <br />OTHER ASSETS 18,089 <br />9,966,958$ <br />LIABILITIES AND STOCKHOLDERS' EQUITY <br />CURRENT LIABILITIES <br />Accounts payable and accrued liabilities 1,490,003$ <br />Billings in excess of costs and estimated earnings on <br />uncompleted contracts (Note 4) 2,528,453 <br />Loans from stockholder 100,000 <br />Current maturities of long-term debt (Note 6) 15,774 <br />Line of credit (Note 7)612,331 <br />Total current liabilities 4,746,561 <br />LONG-TERM DEBT (NOTE 6) 141,228 <br />COMMITMENTS AND CONTINGENCIES (NOTE 8) - <br />STOCKHOLDERS' EQUITY (NOTE 9) 5,079,169 <br />9,966,958$ <br />See accompanying notes and independent account's review report. <br />2