Corporate Finance PowerPoint presentation. In this presentation, we will discuss the statement of retained earnings Get ready, it’s time to take your chance with corporate finance statement of retained earnings. So remember that as we think about the financial statements in total, the financial statements are basically answering questions that users of the financial statements would have. So for example, if we were thinking about investing into a company, the financial statements would help us answer the question as to how does the company stand at this point in time? How does the company look from a financial standpoint at this point, that is the balance sheet, the balance sheet gives you the assets, liabilities, equity, assets minus liabilities, being basically the book value being basically where the company stands at a point in time.
Posts with the timing tag
Bank Reconciliation-Accounting%2C Financial
Hello, in this lecture, we’ll discuss a bank reconciliation. At the end of this, we will be able to describe what a bank reconciliation is perform a bank reconciliation, make a needed adjustments to our books in the reconciliation process, as well as record those adjustments. So this is going to start off the bank reconciliation process. We’ll start off with, of course, the bank statement. So the bank statement is going to come from the bank, generally, it happens at the end of the month, although we could get it electronically at any timeframe. But typically, it’s still good to get it as of the end of the month so that we can have a set timeframe as to when we’re going to reconcile our account and deal with the timing differences at that time. So this bank statement coming from the bank is going to be as of the end of February in this case, and we’ll have a typical information on a bank statement, which will be that we will have the beginning balance, and then we’re going to have the additions to it generally our deposits and then we’re going to have the corrections to it.
Statement of Equity From Trial Balance 17
More in this presentation we will take a look at the statement of owner’s equity and see how to construct the statement of owner’s equity from the trial balance. When looking at the trial balance, we can see the accounts will be in order with the assets and then the liabilities, then the equity and then the revenue and expenses. The equity accounts being broken out here of owner capital and draws. But it’s a little deceiving to break out this equity section. Because the trial balance really is showing both a point in time the balance sheet account permanent accounts up top and timing accounts which are going to be the revenue accounts down below. When we think about the point in time for total equity as a whole. We’re really considering the entire blue area here. This is one of the most confusing concepts to really know when you’re looking at these financial statements.