Category. Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock COGS Current portion long-term debt Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (excl. depr.) Retained earnings Sales Taxes Prior Year Current Year 3,198.00 5,947.00 6,956.00 8,982.00 5,704.00 6,149.00 19,901.00 13,958.00 ??? ??? 2,850 2,850 22,739.00 18,816.00 500 500 982.00 1,253.00 1,137.00 3,005.00 6,737.00 16,602.00 22,498.00 75,834.00 74,163.00 4,054.00 6,592.00 20,000 34,712.00 45,351.00 920 19,950 35,918.00 46,360 350 978.00 What is the firm's cash flow from financing?

Reporting of cash flows means a statement of cash flow which is a financial statement. A cash flow statement is prepared by gathering all the data regarding inflows and outflows of a company. The cash flow statement includes cash inflows and outflows fro…

A balance sheet is an integral part of the set of financial statements of an organization that reports the assets, liabilities, equity (shareholding) capital, other short and long-term debts, along with other related items. A balance sheet is one of the …

Financial statements are written records of an organization which provide a true and real picture of business activities. It shows the financial position and the operating performance of the company. It is prepared at the end of every financial cycle. It…

Before we begin to understand what Owner’s capital is and what Equity financing is to an organization, it is important to understand some basic accounting terminologies. A double-entry bookkeeping system Normal account balances are those which are expect…