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Income Statement: Revenue

The document contains financial statements including an income statement, balance sheet, and details of asset and liability categories for a company over two time periods. The income statement lists revenue, cost of goods sold, expenses and net income. The balance sheet shows the company's assets, liabilities, and equity with totals matching for each period. Further details of current assets, fixed assets, other assets and current and long-term liabilities are provided.

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Balaji Ganesh
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0% found this document useful (0 votes)
127 views5 pages

Income Statement: Revenue

The document contains financial statements including an income statement, balance sheet, and details of asset and liability categories for a company over two time periods. The income statement lists revenue, cost of goods sold, expenses and net income. The balance sheet shows the company's assets, liabilities, and equity with totals matching for each period. Further details of current assets, fixed assets, other assets and current and long-term liabilities are provided.

Uploaded by

Balaji Ganesh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Income Statement

Name
Time Period

Financial Statements in U.S. Dollars


Revenue
Gross Sales
Less: Sales Returns and Allowances
Net Sales 0

Cost of Goods Sold


Beginning Inventory
Add: Purchases
Freight-in
Direct Labor
Indirect Expenses
Inventory Available 0
Less: Ending Inventory
Cost of Goods Sold 0

Gross Profit (Loss) 0

Expenses
Advertising
Amortization
Bad Debts
Bank Charges
Charitable Contributions
Commissions
Contract Labor
Depreciation
Dues and Subscriptions
Employee Benefit Programs
Insurance
Interest
Legal and Professional Fees
Licenses and Fees
Miscellaneous
Office Expense
Payroll Taxes
Postage
Rent
Repairs and Maintenance
Supplies
Telephone
Travel
Utilities
Vehicle Expenses
Wages
Total Expenses 0

Net Operating Income 0

Other Income
Gain (Loss) on Sale of Assets
Interest Income
Total Other Income 0

Net Income (Loss) 0


Balance Sheet
FY-2020 FY-2021

Asset Type Prior Year Current Year


Current Assets Err:508 Err:508

Fixed Assets Err:508 Err:508

Other Assets Err:508 Err:508

Current Liabilities Err:508 Err:508

Long-term Liabilities Err:508 Err:508

Owner Equity Err:508 Err:508

Total Assets Err:507 Err:507

Total Liabilities & Stockholder Equity Err:507 Err:507

Balance 0 0

Page 2 of 5
Assets
FY-2020 FY-2021

Asset Type Description Prior Year Current Year


Current Assets Cash

Current Assets Investments

Current Assets Inventories

Current Assets Accounts receivable

Current Assets Pre-paid expenses

Fixed Assets Property and equipment

Fixed Assets Leasehold improvements

Fixed Assets Equity and other investments

Fixed Assets Less accumulated depreciation (Negative Value)

Other Assets Charity

Total Assets 0 0

Page 3 of 5
Liabilities
FY-2020 FY-2021

Liability Type Description Prior Year Current Year


Current Liabilities Accounts payable

Current Liabilities Accrued wages

Current Liabilities Accrued compensation

Current Liabilities Income taxes payable

Current Liabilities Unearned revenue

Long-term Liabilities Mortgage payable

Owner Equity Investment capital

Owner Equity Accumulated retained earnings

Total Liabilities & Stockholder Equity 0 0

Page 4 of 5
Categories
Categories
Current Assets
Fixed Assets
Other Assets
Current Liabilities
Long-term Liabilities
Owner Equity

Page 5 of 5

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