Financial Statement

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Sample Financial Statement

Juice It Up Franchise Corp.

Financial Statements

December 31, 2005

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Juice It Up Franchise Corp.

Table of Contents

December 31,2005

Page No.

Independent Auditor's Report................................................................................................        1

Financial Statements

Balance Sheet.............................................................................................................        2

Statement of Operations.............................................................................................        4

Statement of Stockholder's Equity.............................................................................        5

Statement of Cash Flows...........................................................................................        6

Notes to Financial Statements....................................................................................        7


Kling & Pathak

CERTIFIED PUBLIC ACCOUNTANTS

■ 17785 Center Court Drive Suite 250 Cerrilos, CA 90703

I Tel: (562)402-9691 Fax: (562) 402-9692 Email: office@kpcpa.net

Independent Auditor's Report

The Board of Directors and Stockholder Juice It Up Franchise Corp.

We have audited the accompanying balance sheet of Juice It Up Franchise Corp. (Company) as of December 31, 2005, and the related statements of operations, stockholder's equity and cash flows for the year then ended. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with U.S. generally accepted auditing standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Juice It Up Franchise Corp. at December 31, 2005, and the results of its operations and its cash flows for the year then ended, in conformity with U.S. generally accepted accounting principles.

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February 9, 2006


The original file could not be completely converted to text. Below is an excerpt from the file. The original file can be downloaded at the link above.