What is wrong with my US balance sheet ?

[gustav]

Hello,

I am a french entrepreneur and I have troubles making my previsionnal balance sheet. Could you help me for this ?
My income statement seems to be OK.

I have a 2,000,000 invested capital and the money is on a bank account.
At the end of the first year, I bought :
- Computers : 25,490 (machinery & Equipment in BC) with a credit card
- Trademarks : 15,000 (Intangibles in BC) with a credit card
- Servers & web hosting : 5,000 (Equipement rental in IC) per year paid monthly with a credit card, 11 months paid
- Office rental (IC) : 600,000 per year paid monthly and 1 month in advance, 11 months paid
- Office cleaning service (Repairs & Maintenance in IC) : 15,000 per year paid monthly ?
- Salaries (IC) : 950,000 => 11 months paid out of 12
- Accrued vacation pay (BC) : ?
- Supplies (IC) : 20,000 paid during the year with cash
- Advertising (IC) : 10,000 paid with a credit card
- Internet & Telephone (IC) : 2,000 per year, 11 months already paid or all at the end of the year ?
- Taxes (IC) : Let's say 40,000 for payroll and other taxes
- Consulting fees (IC) : 6,000
- Insurance : 1,500 (IC)

Depreciation (IC and BC) : 6,317

No sales first year and no income tax.

My income statement shows a deficit of more than 1,5 million (it's OK because there are no sales)
But my balance sheet show a difference between assets and liability + equity of more than 200,000 I can not find why.

Thank you very much.

[gideon]

OMG is it some kind of test ?