Bakery Equipment Financing: A long-term financing arrangement specifically for acquiring or upgrading bakery equipment.

Convertible Bonds: Bonds that can be converted into the bakery's common stock at a predetermined conversion price.

Retained Earnings: The cumulative profits earned by Baker's Haven Bakery that have not been distributed to the owner(s) as dividends. Retained earnings increase over time as the bakery generates profits.

Owner Financing: Loans provided by the bakery's owners or investors to support the business's long-term growth or development.

Furniture: Tables and chairs for the bakery's seating area, creating a comfortable atmosphere for customers.

Bakery Equipment: Industrial-grade ovens, mixers, dough sheeters, and proofing cabinets used in the production of baked goods.

Deferred Tax Liabilities: Liabilities arising from differences between the bakery's financial and tax accounting methods that will result in higher taxes in the future.

Donated Capital: Contributions from the owner(s) or investors in the form of assets, services, or cash for the bakery's benefit.

$5500 cash in the business checking account

Payments made in advance for business expenses like rent for the bakery space, insurance, and utility bills.

Long term investments

Interest Payable: Interest owed on short-term loans or credit lines used for business financing.