Sample Completed Personal Financial Statement - FINAL#11

Sample Completed Personal Financial Statement

Personal Financial Statement as of: __12/31/XX__________________

Company Name & Address: __________(Your company name here)________________

__First owner_________________________________________________________________________

Name of Individual

Social Security No.

Age

_____________________________________________________________________________________

Spouse's Name

Social Security No.

Age

__Home address________________________________________________________________________

Residence Address

Occupation

Assets

Liabilities

1. Cash on hand and in Banks...................$____50,000_________

1. Accounts Payable...................................$____7,500______

2. Savings Accounts.............................$_____10,000________

2. Notes Payable to Bank/Others...(section 2).....$___10,000______

3. IRA or Other Retirement Accounts..........$_ _140,000_______ 4. Life Insurance ? Cash Surrender Value)...$__________________

3. Installment Account Auto)........................$_____________ Monthly Payment $________

4. Installment Accounts (Other).....................$_____________

5. Stocks and Bonds...(Section 3) .............$_____20,000_______

5. Loan on Life Insurance............................$_____________

6. Real Estate......(Section 4)...................$____125,000________

6. Mortgages on Real Estate...(Section 4).........$___100,000_____

7. Automobile ? Present Value.................$__________________

7. Unpaid Taxes......(Section 6)....................$______________

8. Other Personal Property...Section 5)......$__________________

8. Other Liabilities......(Section7)...................$______________

9. Other Assets...(Section 5)....................$__________________

Total Liabilities...(1-8 above).........................$___117,500_____

Total Assets (1-9 above)..........................$___345,000________

Net Worth......(Total Assets ? Total Liabilities)...$__227,500_____

Total (Net Worth + Liabilities)........................$__345,000_____ (this number should match total assets column)

Section 1. Source of Income

Contingent Liabilities

Salary................................................$___75,000_________

As Endorser or Co-maker...............................$_____________

Net Investment Income............................$__________________

Legal Claims & Judgments.............................$______________

Real Estate Income.................................$___10,000_________

Provisions for Income Taxes...........................$_____________

Other Income (describe below)....................$_________________

Other Special Debt ......................................$______________

Description of Other Income in Section 1.______________________________________________________________________________________

________________________________________________________________________________________________________________________

Section 2. Notes Payable to Banks and Others Name and Address of Noteholder Bank of _______, (address)

Original Balance

50,000

Current Balance

10,000

Payment Amount

$1,000

Frequency Monthly

How Secured or Type of Collateral Not secured

Section 3. Stocks and Bonds Name of Security/Exchange Listed New York Stock Exchange ? Any Stock XXX

Number of Shares

1000

Cost 5,000

Market Value Quote 20 per share

Date of Quote

7/1/20XX

Total Value of Security

20,000

Section 4. Real Estate Owned Type of Property (Residential/Commercial) Address

Date Purchased

Original Cost

Present Market Value

Name/Address of Mortgage Holder Mortgage Account Number

Mortgage Balance

Monthly Payment Status of Mortgage

Property A

Commercial XX Main St., Any town, Any state

5/1/19XX

Property B Residential

XXX Any street, Any Town, Any State 6/5/20XX

25,000

45,000

25,000

100,000

No mortgage on property

XXX Bank, Any Street, Any Town

0

100,000

0

$565

n/a

current

Property C

Section 5. Other Personal Property and Other Assets. Section 6. Unpaid Taxes. Section 7. Other Liabilities.

Section 8. Life Insurance Held. Give Face Amount and cash surrender values of policies ? name of insurance company and beneficiaries.

____________________________________________________________

Signature

Date

____________________________________________________________

Signature

Date

_______________________________________ Social Security Number

_______________________________________ Social Security Number

................
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