FARM BALANCE SHEET
FARM BALANCE SHEETPage B-6As of, DateYearList only the assets and liabilities associated or supported by your farming business. Numbers in parentheses refer to page numbers for asset lists.FARM ASSETSFARM LIABILITIES AND EQUITYCURRENT ASSETS:Cash & Checking (A-11a)Accounts Receivable (A-11a)Prepaid Expenses (A-11a)Cash Investment in Growing Crops (A-11a)Inventory: Marketable Livestock (A-11b)Raised Crops and Feed (A-11b)Purchased Feed (A-11b)Supplies (A-11b)Other Current Assets (A-11c)Total Current Farm Assets (Sum Lines 1 thru 9)Market ValueCost ValueCURRENT LIABILITIES:Accounts and Notes Payable (A-12a)Line of Credit and Operating Notes (A-12a & b)Current Portion of Term Debt (A-12c & d)Accrued Interest (A-12a to A-12d)Taxes Payable: Ad Valorem (A-12b)Taxes Payable: Employee Withholding (A-12b)Taxes Payable: Income Taxes (A-12b)Taxes Payable: Deferred Taxes(A-12b)Other Accrued Expenses (A-12b)Other Current Liabilities (A-12c)Market ValueCost Value33.Total Current Farm Liabilities (Sum Lines 23 thru 32)SameNON-CURRENT ASSETS:NON-CURRENT LIABILITIES:Breeding Livestock:Purchased (A-11c)Raised (A-11c)Machinery and Equipment (A-11d)Non-Current Portion of Term Debt (A-12c & d)Deferred TaxesOther Non-Current Liabilities (A-12d)14.Vehicles (A-11e)37.Total Non-Current Farm Liabilities (Sum Lines 34 thru 36)Same15.Investment in Capital Leases (A-11e)16.Contracts and Notes Receivable (A-11f)38.Total Farm Liabilities (Line 33 + Line 37)17.Investment in Cooperatives (A-11f)Real Estate (A-11g)Buildings & Improvements (A-11g)Other Non-Current Assets (A-11h)Contributed CapitalRetained EarningsTotal Valuation Equity21.Total Non-Current Farm Assets (Sum Lines 11 thru 20)42.Farm Equity (Line 22 - Line 38)22.Total Farm Assets (Line 10 + Line 21)43.Total Farm Liabilities and Equity (Line 38 + Line 42) ................
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