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Financial Statements

This document provides an overview of the key financial statements used by companies: the income statement, which reports revenues, expenses and net income/loss; the retained earnings statement, which shows the changes in a company's retained earnings balance; the balance sheet, which lists a company's assets, liabilities and stockholders' equity at a point in time; and the cash flow statement, which reports a company's cash inflows and outflows from operating, investing and financing activities.

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3K views1 page

Financial Statements

This document provides an overview of the key financial statements used by companies: the income statement, which reports revenues, expenses and net income/loss; the retained earnings statement, which shows the changes in a company's retained earnings balance; the balance sheet, which lists a company's assets, liabilities and stockholders' equity at a point in time; and the cash flow statement, which reports a company's cash inflows and outflows from operating, investing and financing activities.

Uploaded by

Mary
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Overview of Financial Statements

Financial Statements

Financial Statements

Income Statement

Retained Earnings Statement

Balance Sheet

Cash Flow Statement

Revenues

Beginning Retained Earnings

Current Assets

Current Liabilities

Stockholders Equity

Operating Activities

Expenses

Add: Net income

Long-Term Investments

Long-term Liabilities

Common Stock

Investing Activities

Net income or Net loss

Deduct: Dividends

Property, Plant and Equipment

Retained Earnings

Financing Activites

Ending Retained Earnings


MJC Revised 10/2011

Intangible Assets

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