Income statement and balance sheet example
[DOC File]Annual Audited Financial Statement
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The form of this statement must show the change in unrestricted cash and, thus, tie out to the operating cash balance as shown on the balance sheet. All additions and/or deletions in the restricted deposits and funded reserves must be shown in the body of the statement.
[DOC File]CASH FLOW STATEMENT - New York University
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Cash Flows = Income Statement +/- Balance Sheet Changes From Customer Sales ( A/R ( Advances To Suppliers COGS ( A/P ( Inventory For Expenses SG&A ( Accrued expense ( Prepaid Expense The Income Statement and the Cash Flow from Operations portion of the Statement of Cash Flows of the XYZ Company follow: Sales 90,000 Net Income 30,000
[DOC File]Financial Statement Certification Form
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Financial Statement Certification. We certify that to the best of our knowledge, the attached balance sheet, income statement and general fund balance for _____ (Name of LIDDA) present fairly the financial position for the _____ Quarter. Certified by:
[DOC File]The Balance Sheet
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The Balance Sheet - An Overview It is one of the four basic financial statements, the others being the Income Statement, the Statement of Cash Flows and the Statement of Stockholder’s Equity. Unlike the other basic financial statements, it is a snapshot as of a particular date.
[DOC File]C21 Balance Sheet - Department of Education and Training
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Balance Sheet Example . General Ledger. Balance Sheet Specific Period (GL21161S) Current Accumulated Equity: Accumulated funds represent opening balances, movements in revenue/ expenses, plus/less results of surplus/deficit from Operating Statement in previous years. PAGE 6 Accumulated funds 279,277.30 ( Total Funds 279,277.30
[DOC File]Appendix 2: Sample Format for Financial Statement Projections
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Appendix 2: Sample Format for Financial Statement Projections. BUSINESS PLANS. APPENDIX 2: Sample Format for Financial Statement Projections. ... In the first column, enter the actual PROFIT AND LOSS STATEMENT and BALANCE SHEET of the date immediately prior to projection period. Then, in each subsequent column, covering a projection period (e.g ...
[DOC File]Podcast Script Template
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The key thing to understand about the balance sheet is it reports the financial position at a specific point in time. (On-screen text: Balance Sheet, Specific point in time) So you might think of the income statement as being like a movie that covers a period of time, versus the balance sheet is a snapshot at one specific point in time.
[DOC File]COMPREHENSIVE BUDGETING EXAMPLE
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BUDGETED INCOME STATEMENT. Royal Company. Budgeted Income Statement. For the Quarter Ending June 30. Net sales [see below] $950,000 Less cost of goods sold [see below] 500,000 Gross margin 450,000 Less selling & administrative expenses [TM 9-12] 260,000 Net operating income 190,000 Less interest expense [TM 9-14] 2,000 Net income $188,000
[DOC File]Balance Sheet
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Balance Sheet Income Statement ASSETS = LIABILITIES + EQUITY REVENUE - EXPENSES = NET INCOME +5,000 Cash +5,000 Bank Loan If the bank loan will last longer than one year, then it will be placed in the non-current liability of the balance sheet, probably with the label “Long Term Debt”.
[DOC File]Example of Gain or Loss on the Sale of Fixed Assets
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Net Income $77,000. In this example Net Income was over-stated by $2,000 by this non-cash transaction (Depreciation Expense under-states Net Income as a non-cash expense). Therefore, you must subtract this non-cash transaction on the Cash Flow Statement to compensate for the over-statement of Net Income.
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