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The income statement and Balance Sheet fill in the following with $100 000 investments. Also, show a profit for a business startup course. Income statement
The income statement and Balance Sheet fill in the following with $100 000 investments. Also, show a profit for a business startup course.
Income statement
| 000's Projection for 2-5 years |
| Revenue |
| COGS |
| Gross Profit |
| Expenses |
| SG&A |
| R&D |
| Operating Income |
| Taxes |
| Net Income |
And balance sheet
| The Accounting Equiation: Assets = Liabilities + Equity |
| 000's Current year and Previous year |
| Assets |
| Current Assets |
| Cash |
| Investments |
| Inventory |
| Accounts Receivable |
| Prepaid Expenses |
| Fixed Assets |
| Plant and Equipment |
| Property |
| Leseholder Improvements |
| Less Accumulated Depreciation |
| Total assets |
| Liabilities |
| Current Liabilities |
| Accounts Payable |
| Accrued Wages |
| Accrued Compensation |
| Income Taxes Payable |
| Short Term Debt |
| Unearned Revenue |
| Long Term Liabilities |
| Mortgages Payable |
| Long Term Debt |
| Total Liabilities |
| Shareholder's Equity |
| Invested Capital |
| Retained Earnings |
| Liabilities + Equity |
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Finance Introduction To Institutions Investments And Management
Authors: Ronald W. Melicher, Edgar A. Norton
11th Edition
0470004460, 978-0470004463
