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    DANIELA VERA PFEIFFER
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    The CR40 event generated $2,194.50 in revenue from fees but incurred $1,774.83 in total expenses, resulting in a net loss of $265.33. The event began with $1,000 in capital investments and $2,089.82 in additional income, bringing the total income to $2,824.49 and ending capital. Assets included $3,224.49 in current assets like cash, supplies and prepaid items, fully funded by $400 in notes payable and $2,824.49 in owners' equity.

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    The CR40 event generated $2,194.50 in revenue from fees but incurred $1,774.83 in total expenses, resulting in a net loss of $265.33. The event began with $1,000 in capital investments and $2,089.82 in additional income, bringing the total income to $2,824.49 and ending capital. Assets included $3,224.49 in current assets like cash, supplies and prepaid items, fully funded by $400 in notes payable and $2,824.49 in owners' equity.

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    © All Rights Reserved
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    4 views4 pages

    Accounting Reports

    Uploaded by

    DANIELA VERA PFEIFFER
    The CR40 event generated $2,194.50 in revenue from fees but incurred $1,774.83 in total expenses, resulting in a net loss of $265.33. The event began with $1,000 in capital investments and $2,089.82 in additional income, bringing the total income to $2,824.49 and ending capital. Assets included $3,224.49 in current assets like cash, supplies and prepaid items, fully funded by $400 in notes payable and $2,824.49 in owners' equity.

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    of 4

    CR40 Event

    Income Statement

    Revenue
    Earning Fees 2194.5

    Expenses
    Decoration Expenses 1448.23
    Entertainment Expenses 126.75
    Other Expenses 199.1
    Venue Expenses 400
    Fundraising Expenses 285.75

    Total Net Income/Loss -265.33


    CR40 Event
    Owners Equity

    Beggining Capital 0

    Investments 1000
    2089.82
    Net Income -265.33
    Total Income 2824.49

    Drawings 0

    Ending Capital 2824.49


    CR40 Event
    Balance Sheet

    Assets Liabilities
    Current Assets
    - Cash 1010.52 - Notes Payable 400
    - Prepaid Food Supplies 1350
    - Prepaid Beverage Supplies 739.82
    - Prepaid Others 50.9
    - Prepaid Entertaiment 73.25 Owners Equity

    - Capital 2824.49
    Total Current Assets 3224.49

    Total Assets 3224.49 Total Liabilities + Owners Equity 3224.49


    Tickets 960
    Fundraising 50.5

    Total 1010.5

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