Horizontal Financial Statement Model Template 1. Purchased land for $5,000 cash. 2. Acquired $25,000 cash from the issue of common stock. 3. Received $75,000 cash for providing services to customers. 4. Paid cash operating expenses of $42,000. 5. Borrowed $10,000 cash from the bank. 6. Paid a $5,000 cash dividend to the stockholders

Horizontal Financial Statement Model Template

Asset Tranaction Types (Asset Source (AS), Asset Use (AU), or Asset Exchange (AE))

Event #

Balance Sheet

Income Statement

Stmt. Of Cash Flows Affect of Cash Flows (increase, Decrease, No Change, also N/A)

Classification of Cash Flows Activities: Operating (OA), Investing (IA), or Financing (FA), or N/A

ASSETS

CLAIMS

Assets = Liabilities + Equity Assets = Claims

Revenue - Expenses = Net Income

Assets

Liabilities

Equity

Revenue

Expenses

Net Income

Cash

+

Land

=

Notes Payable

+

Common Stock

+

Retained Earnings

-

=

Affect

B.B.

1

2

3

4

5

-

6

7