Sample of balance sheet
[DOC File]Sample: Incorporated association financial reports
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Part A: Illustrative example of balance sheet. ABC Club Inc. Balance sheet for the year ended 31 December 2016. 2016 2015 Note $ $ Asset Current assets Cash and cash equivalents 3 xxxx xxxx Accounts receivable and other debtors 4 xxxx xxxx Inventory 5 xxxx xxxx Total current assets xxxx xxxx Non-current assets Property, plant, equipment 6 xxxx xxxx Accounts receivable and other debtors 7 …
[DOC File]BALANCE SHEET - Rasmuson
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A balance sheet is a snapshot of a business’ financial condition at a specific moment in time. A balance sheet comprises assets, liabilities and equity. At any given time, assets must equal liabilities plus equity. ASSETS. An asset is anything a business owns that has monetary value. List anything of value that is owned or legally due the business. Assets are divided into short-term (current ...
[DOC File]Appendix 2: Sample Format for Financial Statement Projections
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However, if the closing cash balance is negative or below the desired opening cash balance, then bank loans (line 18 and 19) may be needed to raise the closing cash balance to zero, or to the desired opening cash balance. The bank loan necessitates planning for repayment (line 28 and 29) in subsequent columns. BALANCE SHEET (33 through 37) ASSETS 33 Cash and Equivalents The closing cash ...
[DOC File]SAMPLE BALANCE SHEET (in narrative format)
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BALANCE SHEET OF AS AT // $ $ $ Current assets: Total current assets Current liabilities: Total current liabilities Working capital (current assets – current liabilities) Fixed assets: Total fixed assets. Total net assets (fixed assets + working capital) Owner’s equity: Capital. Less drawings. Plus net profit / Less net loss Total owner’s equity (equal to total net assets) Title: SAMPLE ...
[DOC File]HOTEL BALNACE SHEETS
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( Balance Sheet shows the values of Assets, Liabilities, and Owner’s Equity for a Certain Specific Time! ( According to Law, Balance Sheets shall be prepared at least once in a year! ( Companies might prepare Balance Sheets on a monthly, Quarterly, and/or Semi-annual Basis for Internal Control Purposes. When Should a Balance Sheet be Prepared? Department Income Statements and Schedules ...
[DOCX File]Balance Sheet Template - Ida Rolf
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Balance Sheet TemplateLiabilitiesCurrent Liabilities Accounts Payable000000Salaries Payable00000Accrued Interest00000Taxes Payable0000Current Portion of Notes00000000000000Long Term LiabilitiesNote Payable000000Mortgage Liability00000000000000Total Liabilities 00000000Stock Holder’s EquityCapital Stock00000000Retained Earnings0000000Total Stock Holder’s …
[DOC File]Completed contract example:
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Where does this account sit on the balance sheet? (Contra-asset account to Construction-in-process) Entries at the completion of the project: Now the earnings process is complete and revenue can be recognized under the completed contract method. May 31, 2001: Billings on Contract $ Revenue from Teletubby Park $ To record the revenue from the long-term project. Costs of construction (I/S acct ...
[DOC File]Sample Balance sheet to illustrate the classified balance ...
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Franklin Corporation. Balance Sheet. October 31, 2005. Assets. Current assets. Cash $6,600. Short-term investments 2,000. Accounts receivable 7,000. Inventories 4,000
[DOC File]Sample Financial Statements - Edmonton
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This Financial Statements Sample includes explanations and definitions and is an example reporting individual projects/programs separately. Note: information in square brackets [XXX] is to be filled in with your information . Explanations are in round parentheses and Times Roman font (explanation) “Current Year” is the fiscal period which was just completed. Part 1: Statement of Financial ...
[DOC File]Sample Business Plan
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Balance Sheet, One Year (Quarterly)Balance Sheet - One Year (Quarterly) Year 1 Qtr 1 Qtr 2 Qtr 3 Qtr 4 ASSETS Current Assets Cash 7855 210 20,768 19,935 Marketable securities 0 0 0 0 Accounts receivable, net 5600 16,800 35,890 45,818 Inventory 0 0 0 0 Prepaid expenses 400 535 835 835 Other 0 0 0 0 Total Current Assets 13,855 17,545 57,493 66,588 Long-Term Assets Property, plant, and …
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