Question about Balance Sheet assets

[chase_pa]

I'm trying to create the financial statements for for a three year period. The balance sheet for the Interim period seemed to balance; however, when I created the Year 1 balance sheet, my Total Liabilities & Owner Equity was way more than my assets. Should the assets include both Ending Cash Balance from the previous year and new cash receipts, or just the new cash receipts?

 

[Steve-LevelUp]

Assets should include total cash on hand rather than new cash receipts.