Ken's Maintinance Co. Ken's Maintinance Co. Ken's Maintinance Co.

Income Statement Statement of Owner's Equity balance Sheet

for the month ended June 30, 20__ for the month ended June 30 30, 20__ for the month ended June 30, 20
Assets
Revenue: Owner's Investment $120,000 Cash
Cash $750 A/C Receiavble
Cash 6300 Add: Net Income $3,305 Equipments
Cash 3500 $123,305
A/C receiavble 825 $11,375 Less: Owner's withdraw 2000

Expenses: Owner's equity balance

Advertisment exp. 1125 June 30, 20__ $121,305 Total assets
Rent Exp 4500
salary 1800
Telephone bill 120
Utilities Exp 525 8070

Net Income $3,305

aintinance Co. Ken's Maintinance co.
Statement of Cash Flow
month ended June 30, 20__ for the month ended June 30, 20__
Amount Liabilities & Owner's Equity Amount
$118,080 Payables 0 Cash Flow from operating activities
825 Cash received as revenue $10,550
2400 Owner's Equity $121,305 Cash paid as expenses 8070
Net Cash received from operating activities
Cash Flow from investing activities
Equipments purchase 2400
Net cash Invested
$121,305 Total Liabilities & Owner's Equity $121,305 Cash Flow from Financing Activities
Owner's Investment 120000
Owner's withdraw 2000
Net cash received from Financing Activities

Cash Balance at June 30, 20___

 $2,480

2400

118000

$118,080
Right Consulting Right consulting
Income Statement Statement of Owner's equity
for the year ended December 31, 20__ for the year ended December 31, 20__

Revenue: Owner's Investment $90,000

Cash $8,000
Cash 3000 Add: Net Income $8,500
A/c Receivable 1000 $12,000 $98,500
Expenses: Less: Withdraw 1800
Advertisement 1000
Wages 2500 3500 Owner's equity Balance
December 31, 20__ $96,700
Net income $8,500
Right Consulting Right Consulting
Balance Sheet Statement of Cash Flow
for the year ended December 31, 20__ for the year ended december 31,
Assets Amount Liabilities & Owner's equity Amount
Cash $9,200 Notes Payble 250000 Cash flow from operating activitie
A/C receivable 1000 A/C payble 4500 Cash received as revenue
Building 300000 Total Liabilities 254500 cash paid as expenses
Office equipments 37000 Cash received from operating acti
Office Supplies 4000 Owner's Equity $96,700 Cash Flow from Investing Activitie
Building purchased
Office equipments purchased
Net cash invested in assets
Total assets $351,200 Total Liabilities & Owner's equity $351,200 Cash Flow from Financing activiti
Owner's investment
Owner withdraw
Net cash received from financing a

Cash Balance at december 31, 20

 ash Flow
ded december 31, 20__

operating activities
s revenue $11,000
3500
rom operating activities $7,500
m Investing Activities
$50,000
nts purchased 36500
ed in assets $86,500
m Financing activities
90000
1800 88200
ed from financing activities

t december 31, 20__ $9,200