Financial Statements by Taylor Jackson https://padlet.com/8563390/ndcfa5wfdt9x 10/17/16 for Computer class en-us 2016-10-17 17:47:31 UTC 2026-03-01 22:39:18 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Manbag.png Financial Statements 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131249736 -Written reports that describe the financial health of a company, prepared regularly on a quarterly and annual basis]]> 2016-10-17 17:50:08 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131249736 Types of Financial Statements 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131250110 -Balance Sheet
-Income statement
-Statement of Change in Owner's Equity]]> 2016-10-17 17:51:05 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131250110 Balance Sheet 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131251154 Reports assets, liabilities, and owner's equity on a certain date.]]> 2016-10-17 17:53:39 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131251154 Example Balance Sheet 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131251557 Basically what I said before]]> 2016-10-17 17:54:35 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131251557 Balance Sheets, cont. 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131251985 Assets:
-Anything of value that is owned by the business
Liabilities:
-Money owed by the business (debts, accounts payable)
Owner's Equity:
-Net worth of the business]]> 2016-10-17 17:55:36 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131251985 Income Statement 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131253267 -Financial Statement of a business that reports the revenue, expenses, and the net income (loss) of a business for the fiscal period
Revenue:
-Amount of money that a company earns
Expenses:
-Cost of maintaining and operating a business
Income/Profit:
-Results when a business's income is greater than it's expenses
Loss:
-Results when a business's income is greater than its expenses
Fiscal Period:'
-Specific period of time covered by and accounting statement report (1 month or 1 year)]]> 2016-10-17 17:58:32 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131253267 Income Statement Example 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131254811 What I said above ^

]]> 2016-10-17 18:02:18 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131254811 Statement of Changes in Owner's Equity 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131255269 -Financial statement of a business that reports the changes that have occurred in the owner's equity account during the fiscal period]]> 2016-10-17 18:03:36 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131255269 Statement of Change in Owner's Equity 8563390 https://padlet.com/8563390/ndcfa5wfdt9x/wish/131255953 Just read it ^^^]]> 2016-10-17 18:05:27 UTC https://padlet.com/8563390/ndcfa5wfdt9x/wish/131255953