Electronic Systems Technology, Inc. Balance Sheets - USD ($)	Dec. 31, 2019		Dec. 31, 2018
CURRENT ASSETS
Cash and cash equivalents	$ 274,936		$ 323,667
Certificates of deposit	650,000		900,000
Accounts receivable, net	76,959		57,156
Inventories	822,819		714,995
Prepaid expenses	20,910		21,353
Accrued interest receivable	6,540		13,300
Total current assets	1,852,164		2,030,471
Property and equipment, net of depreciation	12,398		20,368
Right to use - Lease, net of amortization	39,641		0
TOTAL ASSETS	1,904,203		2,050,839
CURRENT LIABILITIES
Accounts payable	101,548		71,257
Refundable deposits	2,070		10,310
Accrued wages and bonus	0		2,138
Lease liability, current portion	39,641	[1]	0
Accrued vacation pay	11,165		11,449
Other accrued liabilities	2,485		2,514
Total current liabilities	156,909		97,668
Total liabilities	156,909		97,668
STOCKHOLDERS' EQUITY
Additional paid-in capital	929,159		944,040
Retained earnings	813,188		1,004,145
TOTAL STOCKHOLDERS' EQUITY	1,747,294		1,953,171
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,904,203		$ 2,050,839

[1] BS1