Balance Sheet and Cash Flow Statement

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Wk 5 – Balance Sheet and Cash Flow Statement [due Mon]

Wk 5 – Balance Sheet and Cash Flow Statement [due Mon]


Assignment Content

  1. Resource: Balance Sheet and Cash Flow Statement Grading GuidePurpose of Assignment The purpose of this assignment is for students to initiate and complete a comprehensive financial plan. The ultimate result will be a set of pro forma financial statements including an Income Statement, Balance Sheet, and Cash Flow Statement. The student will develop requisite assumptions about the dollar values to be budgeted. Assignment Steps Again, we have an issue with Week 5 Assignment. I am so sorry about this. I will be referring these issues to the University. Let’s change the instructions to as follows:
    Assignment Steps Create a balance sheet by doing the following:

    • Conduct an internet search or use a balance sheet from an assignment, or use an example of a balance sheet located in the textbook and locate a balance sheet.
    • Review and discuss in 350 words the assets, liabilities and stockholder’s equity items found on the balance sheet.
    • Create a balance sheet using the account names and balances below. Make assumptions about the dollar values of each account so that the balance sheet balances. Remember that assets will equal liabilities plus stockholders’ equity

    Format assignment consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.
    Cash 32,800
    Accounts Payable 49,000
    Property and equipment 98,000
    Marketable Securities 3,000
    Common Stock 10,000
    Prepaid Rent 1,000
    Inventories 39,800
    Accounts Receivable 300
    Long Term Debt 99,500
    Retained Earnings 11,950
    Current Portion of Long Term Debt 4,450
    Goodwill 2,000

    • Accumulated Depreciation 2,000

    Format essay part of assignment consistent with APA guidelines. Submit your assignment.Resources

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