Professional Documents
Culture Documents
Sources
Income Statement
I/S
I/S 1
Balance Sheet
Current assets 2
other than cash
current liabilities
Fixed assets
Investments
Longterm liab
Stockholders' Equity
Owner'sEquity
Single proprietorship
Partnership
X Company
Cash Flows Statement
Date
Cash from Operating Activities (indirect method)
Net Income
Adjustments for noncash items:
+ Depreciation
+ Amortization of intangible A
+ Amortization of bonds discount
-Amortization of bonds premium
- Gain on sale of F/A
+Loss on sale of FA
-Gain on sale of investment
+Loss on sale of investment
Financing activities
+ borrowings (long-term)
- payments of loans
Note; Will not include interest
+ issuance of stocks(common/preferred)
- payment of dividends
- purchased of treasury stocks
+ Proceeds from sale of treasury stocks
40,000
-90,000
-40,000
100,000
60,000