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My Cash Flow Statement is iver $300 and I sent a picture of the adjustments that were nade byt my picture of my Cash Flow
My Cash Flow Statement is iver $300 and I sent a picture of the adjustments that were nade byt my picture of my Cash Flow Statement was sent. I'm sending it now.
I'm sending my Income Statement
enclosinf picture of Balance Sheet
2016 Balance Sheet
Peyton Approved Statement of cash Flow For Year Ended 12/31/2017 Net Income Depreciation Expense Loss on Disposal of Equipment 175,476.18 677.86 100.00 176,254.04 Increase in Accounts Receivable Increase in Others Receivables - Insurance Increase in Baking Supplies Increase in Merchandise inventory Increase in Consignment Inventory Increase in Prepaid Rent Increase in Prepaid Insurance Increase in Misc. Supplies Increase in Accounts Payable Increase in Wages Payable Increase in Interest Payable (25,886.91) (700.00) (11,362.84) (243.10) (200.00) (449.55) (1.004.55) (114.99) 6,467.11 1,850.48 44.96 144,654.65 Operating Cash Flow Cash Flow from Investments Equipment Purchases (4,000.00) (4.000.00) Cash Flow from Investments Cash Flow from Financing Dividends Paid (10,000.00) (105,000.00) (115,000.00) Cash Flow from Financing Net Cash Flow 25.654.65 43,165.39 Beginning Cash Ending Cash 68,520.04 300.00 Peyton Approved Income Statement For Year Ended 12/31/2017 $ 327,322.55 1,205.64 Bakery Sales Merchandise Sales Total Revenues Cost of Goods Sold - Baked Cost of Goods Sold - Merchandise Total Cost of Goods Sold Gross Profit 328,528.19 105,834.29 859.77 106,694.06 221,834.13 Operating Expenses: Rent Expense Wages Expense Misc. Supplies Expense Business License Expense Misc. Expense Depreciation Expense Insurance Expense Advertising Expense Interest Expense Telephone Expense Loss on Disposal of Equipment Total Operating Expenses: 24,549.19 10,670.72 3,000.46 2,045.77 1,363.84 677.86 1,091.08 1,549.74 818.31 490.98 100.00 46,357.95 Net Income 175,476.18 Peyton Approved Balance Sheet As of December 31, 2017 Assets Current Assets: Cash Accounts Receivable Other Receivables Insurance Baking Supplies Merchandise Inventory Consignment Inventory Prepaid Rent Prepaid Insurance Misc. Supplies Liabilities and Owners' Equity Current Liabilities: Accounts Payable 23,437 11 Wages Payable 3,383 28 Interest Payable 211.46 Customer Deposit 1.000 ins MI 68,520.04 68.519.91 700.00 18,68170 1,038,07 200.00 2,114.55 2,114.55 170.49 Total Current Liabilities 28,031.85 Total Current Assets 162,069.31 Long Term Liabilities: Notes Payable 5,000.00 Total Long Term Liabilities: 5,000.00 Long Term/Fixed Assets: Baking Equipment Accumulated Depreciation Net Fixed assets 12,000.00 -406,44 Total Liabilities: 33,031.85 11,593,56 Common Stock Retained Earnings 20,000.00 120,621.02 Total Equity 140,621.02 Total Assets 173,652.87 Total Liabilities & Equity 173,652.87 Peyton Approved Balance Sheet As of December 31, 2016 Assets Liabilities and Owners' Equity Current Liabilities: Accounts Payable 16,970.00 Wages Payable 1,532.80 Interest Payable 166.50 Current Assets: Cash Accounts Receivable Baking Supplies Merchandise Inventory Prepaid Rent Prepaid Insurance Misc. Supplies 43,165.39 42,633.00 7,318.86 794.97 1.665.00 1,110.00 55.50 Total Current Assets 96,742.72 Total Current Liabilities 18,669.30 Long Term Liabilities: Notes Payable Total Long Term Liabilities: 15,000.00 Long Term/Fixed Assets: Baking Equipment Accumulated Depreciation Net Fixed assets 15,000.00 8.000.00 -928.58 7,071.42 Total Liabilities: 33,669.30 Common Stock Retained Earnings 20,000.00 50.144.84 Total Equity 70,144.84 Total Assets 103,814.14 Total Liabilities & Equity 103,814.14
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