Financial Statement notes by Gabriela Rodriguez https://padlet.com/8412507/te82jqvmotel en-us 2016-10-28 15:18:19 UTC 2023-06-27 09:27:13 UTC hello@padlet.com Financial Statement 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133921790 •Written reports that describe the financial health of a company; prepared regularly on quarterly and annual basis.]]> 2016-10-28 15:20:54 UTC https://padlet.com/8412507/te82jqvmotel/wish/133921790 Examples 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133921915 Balance Sheet
Income Statement
Statement of Change in Owner’s Equity
]]> 2016-10-28 15:21:19 UTC https://padlet.com/8412507/te82jqvmotel/wish/133921915 Balance Sheet 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133922326 •Reports assets, liabilities, and owner’s equity on a certain date ]]> 2016-10-28 15:22:30 UTC https://padlet.com/8412507/te82jqvmotel/wish/133922326 Assets 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133922552 •Anything of value that is owned by the business.]]> 2016-10-28 15:23:09 UTC https://padlet.com/8412507/te82jqvmotel/wish/133922552 Liabilities 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133922656 •Money owed by the business (debts, accounts payable)]]> 2016-10-28 15:23:32 UTC https://padlet.com/8412507/te82jqvmotel/wish/133922656 Owners Equity  8412507 https://padlet.com/8412507/te82jqvmotel/wish/133922780 •Net worth of the business]]> 2016-10-28 15:23:55 UTC https://padlet.com/8412507/te82jqvmotel/wish/133922780 Income Statement  8412507 https://padlet.com/8412507/te82jqvmotel/wish/133922949 •Financial Statement of a business that reports the revenue, expenses and the net income (loss) of a business for the fiscal period. 

]]> 2016-10-28 15:24:29 UTC https://padlet.com/8412507/te82jqvmotel/wish/133922949 Revenue 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133923179 •Amount of money that a company earns]]> 2016-10-28 15:25:03 UTC https://padlet.com/8412507/te82jqvmotel/wish/133923179 Expences  8412507 https://padlet.com/8412507/te82jqvmotel/wish/133923301 •Costs of maintaining and operating a business.]]> 2016-10-28 15:25:22 UTC https://padlet.com/8412507/te82jqvmotel/wish/133923301 Income/profit 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133923415 •Results when a business’s income is greater than its expenses.]]> 2016-10-28 15:25:45 UTC https://padlet.com/8412507/te82jqvmotel/wish/133923415 Loss 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133923527 •Results when a business’s expenses are greater than its income. ]]> 2016-10-28 15:26:04 UTC https://padlet.com/8412507/te82jqvmotel/wish/133923527 Fisical 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133923656 •Specific period of time covered by an accounting statement or report (1 month or year)]]> 2016-10-28 15:26:24 UTC https://padlet.com/8412507/te82jqvmotel/wish/133923656 Statement of changes in owners equity 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133923802 •Financial Statement of a business that reports the changes that have occurred in the owner’s equity account during the fiscal period. ]]> 2016-10-28 15:26:54 UTC https://padlet.com/8412507/te82jqvmotel/wish/133923802 Picture 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133925349 2016-10-28 15:32:01 UTC https://padlet.com/8412507/te82jqvmotel/wish/133925349 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133926251 2016-10-28 15:34:33 UTC https://padlet.com/8412507/te82jqvmotel/wish/133926251 8412507 https://padlet.com/8412507/te82jqvmotel/wish/133927596 2016-10-28 15:38:43 UTC https://padlet.com/8412507/te82jqvmotel/wish/133927596