The financial documents show the company's revenues, expenses, assets, liabilities, and cash flows for the year. Revenues exceeded costs and expenses, resulting in net income. Cash increased from operating activities like sales and decreased from investing activities like equipment purchases. The company has assets like cash and equipment to operate, and liabilities like payables and debt.

1. Financial Statements
Statement of Income
Stockholders' Equity
Revenues $x,xxx
Cost of Sales x,xxx Beginning Balance $x,xxx
Gross Margin $x,xxx Plus:
Stock Sales $ x,xxx
Expenses Net Income x,xxx
Advertising $xxx
Wages xxx Subtotal x,xxx
Rent xxx
Utilities xxx Less:
Miscellaneous xxx Dividends x,xxx
Total Expenses x,xxx
Ending Balance $x,xxx
Net Income $x,xxx
Statement of Cash Flows
Cash flows from Operating Activities
Balance Sheet Net Income $x,xxx
Plus: Depreciation x,xxx
ASSETS Adjustments to reconcile Net Income to
Cash $x,xxx Cash Flows from Operating Activities:
Accounts Receivable x,xxx Changes in Current Assets $x,xxx
Fixed Assets x,xxx Changes in Current Liabilities x,xxx
Other Assets x,xxx
Total Cash flows from Operating Activities $x,xxx
Total Assets $x,xxx
Cash flows from Investing Activities
LIABILITIES Purchase new PP&E $x,xxx
Accounts Payable $x,xxx
Accrued Expenses x,xxx Cash flows from Investing Activities $x,xxx
Notes Payable x,xxx
Cash flows from Financing Activities
Total Liabilities $x,xxx Owner Investment $x,xxx
Owner Drawing (x,xxx)
STOCKHOLDERS EQUITY
Common Stock $x,xxx Total Cash flows from Financing Activities $x,xxx
Retained Earnings x,xxx
Net Cash flows x,xxx
Total Liabilities and Beginning Cash Balance x,xxx
Stockholders' Equity $x,xxx
Ending Cash Balance $x,xxx
© 1999-2007 Russell B. Raimer, CPA

2. Financial Statements
Balance Sheet Balance Sheet
Previous Year End Current Year End
ASSETS ASSETS
Cash $x,xxx Cash $x,xxx
Accounts Receivable x,xxx Accounts Receivable x,xxx
Fixed Assets x,xxx Fixed Assets x,xxx
Total Assets $x,xxx Total Assets $x,xxx
LIABILITIES LIABILITIES
Accounts Payable $x,xxx Accounts Payable $x,xxx
Accrued Expenses x,xxx Accrued Expenses x,xxx
Notes Payable x,xxx Notes Payable x,xxx
Total Liabilities $x,xxx Total Liabilities $x,xxx
Statement of Income
STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY
Common Stock $x,xxx Revenues $x,xxx Common Stock $x,xxx
Retained Earnings x,xxx Cost of Sales x,xxx Retained Earnings x,xxx
Gross Margin $x,xxx
Total Liabilities and Total Liabilities and
Stockholders' Equity $x,xxx Expenses Stockholders' Equity $x,xxx
Advertising $xxx
Wages xxx
Rent xxx
Utilities xxx
Miscellaneous xxx
Total Expenses x,xxx
Net Income $x,xxx
© 1999-2007 Russell B. Raimer, CPA

3. Cash Flow Statement
Statement of Income
Balance Sheet Revenues $x,xxx
Cost of Sales x,xxx
Year End Gross Margin $x,xxx
Expenses
ASSETS Advertising $xxx
Cash $x,xxx Wages xxx
Depreciation xxx
Accounts Receivable x,xxx Rent xxx
Fixed Assets x,xxx Utilities xxx
Miscellaneous xxx
Total Expenses x,xxx
Total Assets $x,xxx
Net Income $x,xxx
Statement of Cash Flows
LIABILITIES
Accounts Payable $x,xxx Cash flows from Operating Activities
Accrued Expenses x,xxx Net Income $x,xxx
Notes Payable x,xxx Plus: Depreciation x,xxx
Adjustments to reconcile Net Income to
Cash Flows from Operating Activities:
Total Liabilities $x,xxx Changes in Current Assets $x,xxx
Changes in Current Liabilities x,xxx
STOCKHOLDERS' EQUITY
Common Stock $x,xxx Total Cash flows from Operating Activities $x,xxx
Retained Earnings x,xxx
Cash flows from Investing Activities
Purchase new PP&E $x,xxx
Total Liabilities and
Stockholders' Equity $x,xxx Cash flows from Investing Activities $x,xxx
Cash flows from Financing Activities
Owner Investment $x,xxx
Owner Drawing (x,xxx)
Total Cash flows from Financing Activities $x,xxx
Net Cash flows x,xxx
Beginning Cash Balance x,xxx
Ending Cash Balance $x,xxx
© 1999-2007 Russell B. Raimer, CPA