Scribd Logo
Upload

Welcome to Scribd!

  • Balance Sheet

    Uploaded by

    juan francisco martinez garcia
    1 views2 pages
    The income statement shows sales revenue of $1,000,000 with costs of $500,000, resulting in gross profit of $500,000. Operating costs including administration and selling expenses total $200,000, leaving net operating profit of $300,000. The balance sheet lists total assets of $11,200,000 including current assets of $5,050,000 and long-term assets of $6,150,000. Liabilities include short-term liabilities of $3,100,000 and stockholder's equity of $8,100,000 including paid-in capital, reserves, and retained earnings. Total liabilities and equity equal $11,200,000.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The income statement shows sales revenue of $1,000,000 with costs of $500,000, resulting in gross profit of $500,000. Operating costs including administration and selling expenses total $200,000, leaving net operating profit of $300,000. The balance sheet lists total assets of $11,200,000 including current assets of $5,050,000 and long-term assets of $6,150,000. Liabilities include short-term liabilities of $3,100,000 and stockholder's equity of $8,100,000 including paid-in capital, reserves, and retained earnings. Total liabilities and equity equal $11,200,000.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1 views2 pages

    Balance Sheet

    Uploaded by

    juan francisco martinez garcia
    The income statement shows sales revenue of $1,000,000 with costs of $500,000, resulting in gross profit of $500,000. Operating costs including administration and selling expenses total $200,000, leaving net operating profit of $300,000. The balance sheet lists total assets of $11,200,000 including current assets of $5,050,000 and long-term assets of $6,150,000. Liabilities include short-term liabilities of $3,100,000 and stockholder's equity of $8,100,000 including paid-in capital, reserves, and retained earnings. Total liabilities and equity equal $11,200,000.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    INCOME STATMENT

    Concept
    Sales revenue $1,000,000.00
    (-) Sales Cost 500,000.00
    (=) Gross profit = $500,000.00
    (-) Operating costs
    Administration expenses $100,000.00
    Selling expenses 100,000.00
    (=) Utility operation =$300,000.00
    BALANCE SHEET
    ASSETS   PASSIVE  

    Short term asset   Passive in a short time  

    Cash ando equivalent 250,000.00 Providers 2,600,000.00

    Banks 1,850,000.00 Accounts payable 300,000.00

    Customers 900,000.00 Taxes to pay 200,000.00

    Inventory 2,000,000.00 Short term passive sum 3,100,000.00

    Advance payments 50,000.00    

    Sum of Short-term assets 5,050,00.00    


    Long term assets   Stockholder’s equity  

    Land 3,000,000.00 Social Capital 4,400,000.00

    Forniture ando equipment 3,150,000.00 Legal reserve 800,000.00

    Sum of long-term assets 6,150,000.00 Urility of the exercise 2,900,000.00

        Sum of book capital 8,100,000.00

    TOTAL ACTIVO 11,200,000.00 Sum passive+C sum 11,200,000.00

    You might also like