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  • Links Between IS & BS: Income Statement Assets

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    OvaisAden
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    Links between IS and BS Assets Cash Accounts Receivables Inventory Prepaid Expenses Fixed Assets Accumulated Depreciation Intangible Assets Liabilities Accounts Payable Accrued Expenses Payable Notes Payable Equity - Capital Equity - Retained Earnings income statement Sales Revenue COGS Depriciation Amortization Exp operating Exp. Interest Income Income Tax Exp. Cash flows from financing activities i.e. Transactions that affect equity and debt of the entity

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    IS - BS & CF (1)

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    Links between IS and BS Assets Cash Accounts Receivables Inventory Prepaid Expenses Fixed Assets Accumulated Depreciation Intangible Assets Liabilities Accounts Payable Accrued Expenses Payable Notes Payable Equity - Capital Equity - Retained Earnings income statement Sales Revenue COGS Depriciation Amortization Exp operating Exp. Interest Income Income Tax Exp. Cash flows from financing activities i.e. Transactions that affect equity and debt of the entity

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    4 views4 pages

    Links Between IS & BS: Income Statement Assets

    Uploaded by

    OvaisAden
    Links between IS and BS Assets Cash Accounts Receivables Inventory Prepaid Expenses Fixed Assets Accumulated Depreciation Intangible Assets Liabilities Accounts Payable Accrued Expenses Payable Notes Payable Equity - Capital Equity - Retained Earnings income statement Sales Revenue COGS Depriciation Amortization Exp operating Exp. Interest Income Income Tax Exp. Cash flows from financing activities i.e. Transactions that affect equity and debt of the entity

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    Links between IS & BS

    Assets Cash Accounts Receivables Inventory Prepaid Expenses Fixed Assets Accumulated Depreciation Intangible Assets Liabilities Accounts Payable Accrued Expenses Payable Notes Payable Equity Capital Equity Retained Earning Income Statement Sales Revenue COGS Depriciation Amortization Exp Operating Exp. Interest Income Income Tax Exp. Net Income

    Cash Flow Statement


    Cash flows from operating activities i.e transactions that affect net income. Cash flows from investing activities i.e. transactions that affect noncurrent assets. Cash flows from financing activities i.e transactions that affect equity and debt of the entity.

    Cash Flow Statement


    Financial information that is needed: 1. The most recent income statement 2. The most recent balance sheet 3. The preceding periods balance sheet 4. Any additional notes pertaining to the transactions of the company during the periods under consideration.

    Cash Flow Statement


    Net Income plus Depreciation plus/minus change in Assets plus/minus change in liabilities plus/minus change in equity plus/minus changes in the company's long-term assets (tangible assets and investments)

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