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drem: the balance sheet
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Property and equipment-
gross
$184,973
Inventories
$5,460,941
Accounts receivable, net
of allowance for...
$192,479
Cash
$463,087
Other assets
$10,900
Prepaid contract
interest
$190,000
Deposits and costs
coincident to acquisition...
$2,748,170
Security deposit
$2,200
Property and equipment,
net
$98,418
Total current assets
$6,116,507
Less accumulated
depreciation
$86,555
Total assets
$9,166,195
Total liabilities and
stockholders equity
$9,166,195
Retained earnings
(accumulated deficit)
-$990,991
Total stockholders
equity
$2,529,086
Total liabilities
$6,637,109
Total stockholders
equity attributable to...
-$246,715
Additional paid-in capital
$695,712
Common stock
70,000,000 shares...
$48,564
Non-controlling interest
$2,775,801
Long-term mortgages
payable
$2,647,479
Total current
liabilities
$3,989,630
Loans payable to
related parties
$606,999
Note payable-line of
credit
$921,960
Loans payable-others
$44,607
Construction liabilities
$84,191
Deposits held
$649,784
Accrued taxes
$538,621
Accrued interest
$380,918
Accounts payable and
accrued expenses
$762,550
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Balance Sheet
source: myfinsight.com
Dream Homes & Development Corp. (DREM)
Dream Homes & Development Corp. (DREM)