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  • Financial State. Entrep

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    Ellah Seruelas
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    The document provides financial statements for a blini cake business over the course of a week. It lists costs for setup, ingredients, packaging, and revenues and expenses. Total revenue was $4,985 and total expenses were $3,815, resulting in a net profit of $1,085. The balance sheet shows the business has $1,170 in cash, $1,120 in supplies, $2,695 in ingredients, and $4,985 in owner's capital.

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    FINANCIAL STATE. ENTREP.docx

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    The document provides financial statements for a blini cake business over the course of a week. It lists costs for setup, ingredients, packaging, and revenues and expenses. Total revenue was $4,985 and total expenses were $3,815, resulting in a net profit of $1,085. The balance sheet shows the business has $1,170 in cash, $1,120 in supplies, $2,695 in ingredients, and $4,985 in owner's capital.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    5 views2 pages

    Financial State. Entrep

    Uploaded by

    Ellah Seruelas
    The document provides financial statements for a blini cake business over the course of a week. It lists costs for setup, ingredients, packaging, and revenues and expenses. Total revenue was $4,985 and total expenses were $3,815, resulting in a net profit of $1,085. The balance sheet shows the business has $1,170 in cash, $1,120 in supplies, $2,695 in ingredients, and $4,985 in owner's capital.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    ITEM COST TOTAL COST AT THE END OF THE

    WEEK
    A. Set up cost (Capital Purchase) 3,815 3,815
    Egg 784
    Butter 385
    Melted Chocolate 175
    Evaporada milk 385
    All-purpose flour 161
    Oreo 630
    Sugar 175 2,695
    Packaging and logo 1,120 1,120
    TOTAL 3,815
    TOTAL PROJECT COST

    BLINI CAKE

    INCOME STATEMENT

    (END OF THE WEEK)

    TOTAL REVENUE 4,985


    EXPENSES
    Egg 784
    Butter 385
    Melted Chocolate 175
    Evaporada Milk 385
    All-Purpose flour 161
    Oreo 630
    Sugar 175
    Pacakaging and logo 1,120
    TOTAL EXPENSES 3,815
    NET PROFIT 1,085

    STATEMENT OF CHANGES IN EQUITY

    CAPITAL BEGINNING 3,900


    ADD. INVESTMENT 0
    NET PROFIT 1,085
    TOTAL 4,985
    LESS: WITHDRAWAL 0
    CAPITAL END 4,985
    STATEMENT OF FINANCIAL POSITION (BALANCE SHEET)

    CASH 1,170
    SUPPLIES 1,120
    INGREDIENTS 2,695
    OWNER’S CAPITAL 4,985
    TOTAL 4,985 4,985

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