Financial Statements                   NetSolutions                Income Statement      For the Month Ended November 30, ...
Financial Statements                   NetSolutions                Income Statement      For the Month Ended November 30, ...
Financial Statements                   NetSolutions                Income Statement      For the Month Ended November 30, ...
Financial Statements                   NetSolutions                Income Statement      For the Month Ended November 30, ...
Financial Statements                   NetSolutions            Statement of Owner’s Equity      For the Month Ended Novemb...
Financial Statements                   NetSolutions            Statement of Owner’s Equity      For the Month Ended Novemb...
Financial Statements                   NetSolutions            Statement of Owner’s Equity      For the Month Ended Novemb...
Financial Statements                   NetSolutions            Statement of Owner’s Equity      For the Month Ended Novemb...
Financial Statements                   NetSolutions            Statement of Owner’s Equity      For the Month Ended Novemb...
Financial Statements              NetSolutions              Balance Sheet            November 30, 2006           AssetsCas...
Financial Statements              NetSolutions              Balance Sheet            November 30, 2006           AssetsCas...
Financial Statements              NetSolutions              Balance Sheet            November 30, 2006           AssetsCas...
Financial Statements              NetSolutions              Balance Sheet            November 30, 2006           AssetsCas...
Financial Statements                      NetSolutions                 Statement of Cash Flows         For the Month Ended...
Financial Statements                      NetSolutions                 Statement of Cash Flows         For the Month Ended...
Financial Statements                      NetSolutions                 Statement of Cash Flows         For the Month Ended...
Financial Statements                      NetSolutions                 Statement of Cash Flows         For the Month Ended...
Upcoming SlideShare
Loading in...5
×

Pengantar akuntansi 1

1,198

Published on

Published in: Business, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,198
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
35
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Pengantar akuntansi 1

  1. 1. Financial Statements NetSolutions Income Statement For the Month Ended November 30, 2006Fees earned $7,500Operating expenses: Wages expense $2,125 Rent expense 800 Supplies expense 800 Utilities expense 450 Miscellaneous expense 275 Total operating expenses 4,450Net income $3,050 C1 - 1
  2. 2. Financial Statements NetSolutions Income Statement For the Month Ended November 30, 2006Fees earned $7,500Operating expenses: Wages expense $2,125 Rent expense 800 Supplies expense 800 Utilities expense 450 Miscellaneous expense 275 Total operating expenses 4,450Net income $3,050 C1 - 2
  3. 3. Financial Statements NetSolutions Income Statement For the Month Ended November 30, 2006Fees earned $7,500Operating expenses: Wages expense $2,125 Rent expense 800 Supplies expense 800 Utilities expense 450 Miscellaneous expense 275 Total operating expenses 4,450Net income $3,050 C1 - 3
  4. 4. Financial Statements NetSolutions Income Statement For the Month Ended November 30, 2006Fees earned $7,500Operating expenses: Wages expense $2,125 Rent expense 800 Supplies expense 800 Utilities expense 450 Miscellaneous expense 275 Total operating expenses 4,450Net income $3,050 C1 - 4
  5. 5. Financial Statements NetSolutions Statement of Owner’s Equity For the Month Ended November 30, 2006Chris Clark, capital, November 1, 2006 $ 0Investment on November 1, 2006 $15,000Net income for November 3,050 $18,050Less withdrawals 2,000Increase in owner’s equity 16,050Chris Clark, capital, November 30, 2006 $16,050 C1 - 5
  6. 6. Financial Statements NetSolutions Statement of Owner’s Equity For the Month Ended November 30, 2006Chris Clark, capital, November 1, 2006 $ 0Investment on November 1, 2006 $15,000Net income for November 3,050 $18,050Less withdrawals 2,000Increase in owner’s equity 16,050Chris Clark, capital, November 30, 2006 $16,050 C1 - 6
  7. 7. Financial Statements NetSolutions Statement of Owner’s Equity For the Month Ended November 30, 2006Chris Clark, capital, November 1, 2006 $ 0Investment on November 1, 2006 $15,000Net income for November 3,050 $18,050Less withdrawals 2,000Increase in owner’s equity 16,050Chris Clark, capital, November 30, 2006 $16,050 C1 - 7
  8. 8. Financial Statements NetSolutions Statement of Owner’s Equity For the Month Ended November 30, 2006Chris Clark, capital, November 1, 2006 $ 0Investment on November 1, 2006 $15,000Net income for November 3,050 $18,050Less withdrawals 2,000Increase in owner’s equity 16,050Chris Clark, capital, November 30, 2006 $16,050 C1 - 8
  9. 9. Financial Statements NetSolutions Statement of Owner’s Equity For the Month Ended November 30, 2006Chris Clark, capital, November 1, 2006 $ 0Investment on November 1, 2006 $15,000Net income for November 3,050 $18,050Less withdrawals 2,000Increase in owner’s equity 16,050Chris Clark, capital, November 30, 2006 $16,050 C1 - 9
  10. 10. Financial Statements NetSolutions Balance Sheet November 30, 2006 AssetsCash $5,900Supplies 550Land 10,000 Total assets $16,450 LiabilitiesAccounts payable $ 400 Owner’s EquityChris Clark, capital 16,050 Total liabilities and owner’s equity $16,450 C1 - 10
  11. 11. Financial Statements NetSolutions Balance Sheet November 30, 2006 AssetsCash $5,900Supplies 550Land 10,000 Total assets $16,450 LiabilitiesAccounts payable $ 400 Owner’s EquityChris Clark, capital 16,050 Total liabilities and owner’s equity $16,450 C1 - 11
  12. 12. Financial Statements NetSolutions Balance Sheet November 30, 2006 AssetsCash $5,900Supplies 550Land 10,000 Total assets $16,450 LiabilitiesAccounts payable $ 400 Owner’s EquityChris Clark, capital 16,050 Total liabilities and owner’s equity $16,450 C1 - 12
  13. 13. Financial Statements NetSolutions Balance Sheet November 30, 2006 AssetsCash $5,900Supplies 550Land 10,000 Total assets $16,450 LiabilitiesAccounts payable $ 400 Owner’s EquityChris Clark, capital 16,050 Total liabilities and owner’s equity $16,450 C1 - 13
  14. 14. Financial Statements NetSolutions Statement of Cash Flows For the Month Ended November 30, 2006Cash flows from operating activities: Cash received from customers $ 7,500 Deduct cash payments for expenses and payments to creditors 4,600 Net cash flow from operating activities $ 2,900Cash flows from investing activities: Cash payments for acquisition of land (10,000 )Cash flows from financing activities: Cash received as owner’s investment $15,000 Deduct cash withdrawal by owner 2,000 Net cash flow from financing activities 13,000Net cash flow and Nov. 30, 2006 cash balance $5,900 C1 - 14
  15. 15. Financial Statements NetSolutions Statement of Cash Flows For the Month Ended November 30, 2006Cash flows from operating activities: Cash received from customers $ 7,500 Deduct cash payments for expenses and payments to creditors 4,600 Net cash flow from operating activities $ 2,900Cash flows from investing activities: Cash payments for acquisition of land (10,000 )Cash flows from financing activities: Cash received as owner’s investment $15,000 Deduct cash withdrawal by owner 2,000 Net cash flow from financing activities 13,000Net cash flow and Nov. 30, 2006 cash balance $5,900 C1 - 15
  16. 16. Financial Statements NetSolutions Statement of Cash Flows For the Month Ended November 30, 2006Cash flows from operating activities: Cash received from customers $ 7,500 Deduct cash payments for expenses and payments to creditors 4,600 Net cash flow from operating activities $ 2,900Cash flows from investing activities: Cash payments for acquisition of land (10,000 )Cash flows from financing activities: Cash received as owner’s investment $15,000 Deduct cash withdrawal by owner 2,000 Net cash flow from financing activities 13,000Net cash flow and Nov. 30, 2006 cash balance $5,900 C1 - 16
  17. 17. Financial Statements NetSolutions Statement of Cash Flows For the Month Ended November 30, 2006Cash flows from operating activities: Cash received from customers $ 7,500 Deduct cash payments for expenses and payments to creditors 4,600 Net cash flow from operating activities $ 2,900Cash flows from investing activities: Cash payments for acquisition of land (10,000 )Cash flows from financing activities: Cash received as owner’s investment $15,000 Deduct cash withdrawal by owner 2,000 Net cash flow from financing activities 13,000Net cash flow and Nov. 30, 2006 cash balance $5,900 C1 - 17
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×