Evaluate your ability to classify financial issues affecting

Assignment Help Other Subject
Reference no: EM132280818

Competency

This exercise will evaluate your ability to classify financial issues affecting businesses and demonstrate their use in creating financial documents.

Instructions

You are in the process of analyzing the financial status of your business. You need to demonstrate to investors that you have a viable business with the ability to be profitable. You decide to create a Balance Sheet and Income Statement to give investors a view of the financial health of your business. Using the templates and accounts, create the Balance Sheet and Income Statement that you will show your investors. See a sample of the documents here.

From the list of accounts, classify the assets and place them in the appropriate section on the Balance Sheet.

From the list of accounts, classify the liabilities and place them in the appropriate section on the Balance Sheet.

From the list of accounts, classify the revenue accounts and place them in the correct section of the Income Statement

From the list of accounts, classify the expense accounts and place them in the correct section of the Income Statement.

Write a paragraph to your investors explaining the relevance of the information provided by the Balance Sheet that would indicate that your business would be a worthwhile investment.

Write a paragraph to your investors explaining the relevance of the information provided by the Income Statement that would indicate that your business would be a worthwhile investment.

Attachment:- Financial Statement Assignment.rar

Reference no: EM132280818

Example illustrates the instrumental role of freedom

Development as Freedom In Chapter 2, Sen distinguishes between constitutive and instrumental roles of freedom. Explain what he means by constitutive and instrumental roles o

Find a leopard oshay fan site on the internet

Scan the cover art from Spots Unplugged. Find a Leopard O'Shay fan site on the Internet and download a photo from there. Use the photo of O'Shay that ran on last month's cover

Divided line and the warriors in plato utopian aristocracy

Plato-What is level B of the Divided Line? Who are the warriors in Plato utopian aristocracy? What is the relationship between level B of the Divided Line and the warriors i

Describe the steps involved in creating an fmea

Why do Six Sigma Practitioners use failure modes and effects analysis? Describe the three types of FMEAs. Give an example where each could be used. Describe the s

Measure the success of the initiative

If you wanted to implement a Must Haves program in your organization, what elements would you include in your implementation plan? What metrics would you use to measure the

Understanding of meaning of the word scapegoat

What is your current understanding of meaning of the word "scapegoat"? Have you always understood the meaning of the word? Describe any early impressions you had at a much y

Perform work versus your internal project team

Describe which portion of the project - candidate for outsourcing - Discuss what the pros and cons are for having an outside vendor perform work versus your internal project t

What is the most used mode of transport for tourism

What is the most used mode of transport for tourism in the world, Discuss on the advantages that make it so popular Discuss on two main factors that influence the directio

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd