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accounting

Cash Flow Statement

Cash Flow Statement For Year Ended Dec 31, 2025 Cash Flow From Operations Net earnings $200 Additions to Cash Depreciation $70 Subtractions to Cash Increase in Inventory ($50) Net Cash From Operations $220 Cash Flow From Investing Equipment ($100) Cash Flow From Financing Notes Payable $30 Cash Flow for FY Ended Dec 31, 2025 $150

Income Statement

Income Statement For the year ending Dec 31, 2025 Net sales $200 Cost of sales ($70) Gross profit $130 SG&A ($10) Income tax expense ($5) Income from continuing operations $115 Discontinued operations ($10) Net income $105

Balance Sheet

Balance Sheet Assets Current Assets Cash $100 Non-Current Assets Equipment $50 Vehicle $50 Total Assets $200 Liabilities and Shareholders’ Equity Current Liabilities Accounts payable $60 Non-Current Liabilities Term debt $10 Total Liabilities $70 Shareholders’ equity Common stock and additional paid-in capital $100 Retained earnings $30 Total shareholders’ equity $130 Total Liabilities and shareholders’ equity $200

Accounting’s Conceptual Framework

What do accountants do? Most people would point to financial statements and say that accountants make these. Others might point to a company’s books and say that they keep track of business information in these. While these answers are true enough, most accountants would point out that they are in the business of applying accounting […]

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Cash Flow Statement

Cash Flow Statement For Year Ended Dec 31, 2025 Cash Flow From Operations Net earnings $200 Additions to Cash Depreciation $70 Subtractions to Cash Increase in Inventory ($50) Net Cash From Operations $220 Cash Flow From Investing Equipment ($100) Cash Flow From Financing Notes Payable $30 Cash Flow for FY Ended Dec 31, 2025 $150