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Financial Statements

Published on Nov 18, 2015

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PRESENTATION OUTLINE

Financial Statements

Rosario's Dress Shop
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Summary of Cash Receipts and Payment

Exhibit 1

Statement of Cash Flows For the Year Ended December 31,2011

Exhibit 2

Income Statement For the Year Ended December 31,2011

Exhibit 3

Statement of Changes in Equity For the Year Ended December 31,2011

Exhibit 4

Balance Sheet December 31, 2011

Exhibit 5

especially in accounting.

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Why would Rosario or anyone else go into business?

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How will accounting meet the information needs of business owners like Rosario?

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How well did Rosario Dress Shop perform during the year?

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What are the factors to be considered in assessing the equity of a business owner like Rosario?

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What identifies a strong financial position of any company?

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Sources

  • shutterstock
  • flickr
  • google images
  • workbook in introductory accounting for service business