RESTATEMENT OF DECEMBER 31, 2015 BALANCE SHEET (Tables)

12 Months Ended

Dec. 31, 2015

Restatement Of December 31 2015 Balance Sheet Tables

Summary of reconciliation of restated consolidated balance sheet

The changes in the reported amounts are summarized in the following reconciliation of the Company’s restated consolidated balance sheet as of December 31, 2015:

DEBT RESOLVE, INC.
CONSOLIDATED BALANCE SHEET
DECEMBER 31, 2015
	(As restated)		(As reported)
ASSETS
Current assets:
Cash	$	30,480	$	30,480
Accounts receivable, net		954,588		3,463,161
Prepaid expenses		36,893		36,893
Total current assets		1,021,961		3,530,534
Long term assets:
Accounts receivable, net		2,508,573		-
Total assets	$	3,530,534	$	3,530,534
LIABILITIES AND STOCKHOLDERS' DEFICIENCY (unchanged)	$	3,530,534	$	3,530,534