Example Company Balance Sheet December 31‚ 2011 ASSETS LIABILITIES Current Assets Current Liabilities Cash $ 2‚100 Notes Payable $ 5‚000 Petty Cash 100 Accounts Payable 35‚900 Temporary Investments 10‚000 Wages Payable 8‚500 Accounts Receivable - net 40‚500 Interest Payable 2‚900 Inventory 31‚000 Taxes Payable 6‚100 Supplies 3‚800 Warranty Liability 1‚100 Prepaid Insurance 1‚500 Unearned Revenues 1‚500 Total Current
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equity on January1‚ 2012 called the balance sheet. The report the reader will see below is a current balance sheet for a company called Custom Building that I personally work with. Working one on one with the owner has offered quite a bit of experience in the accounting world. The reader will be able to view the balance sheet below‚ following the explanation of the balance sheet for Custom Building discussed in full. Custom Building Company Balance Sheet January 1‚ 2012 Non-current Assets
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Rent Expense | 6‚200 | Electricity Bill – paid on May 30‚ 2011 | 8‚500 | Land | 15‚000 | Depreciation Expense | 31‚750 | | | Required Prepare a fully classified vertical format Balance Sheet for Nguyen Bich Fitness Club as at June 30‚ 2011 EXERCISE 2. The following are account balances of Brickwork as | | | | at 31 December 2010: | | | | | | | | | | | | | | Account | Amount ($) | | | | | | Plant & machinery | 25‚000 | | | | | |
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A balance sheet‚ like a photo‚ provides a financial picture of a company on a given day and time. It categorizes all of a company’s resources as assets‚ all of its debts as liabilities‚ and all of the owner’s investments as equity. A company uses its assets‚ such as accounts receivable‚ inventory‚ and equipment‚ for manufacturing or purchasing products for sale or to provide a service. A company’s assets are financed by its liabilities (debt) and the owner’s equity (net worth). On a balance sheet
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Merck Consolidated Balance Sheet | | | | | | € million | ------------------------------------------------- Note | ------------------------------------------------- Dec. 31‚ 2012 | ------------------------------------------------- Dec. 31‚ 2011 | ------------------------------------------------- Jan. 1‚ 2011 | 1 | Previous year’s figures have been adjusted‚ see Note [5] | | Current assets | ------------------------------------------------- | -------------------------------------------------
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1. Q:Collect Balance Sheet of five different companies. Try to analyse it in your own words. Analysis can be in terms of change in profit‚ asset‚ liabilities. Etc ZYNGA [pic] The First comapny we’ll be looking at is Zynga. Let’s jump right into it. Across the board‚ the Total Current Assets is less than the previous year‚ more more than other earlier years. This could indicate that the company may have liquidized some of their assests within the year. Total Assests is greater than the
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Federal Form W-4 Employee’s Withholding Allowance Certificate Click this button to begin: Begin Instructions: Move the "hand" pointer over a form box on the document. The "hand" should turn into an "I-beam". The "I-beam" signifies a "fill-in" section to the form. Click inside the box. You can now type into the box. When the pointer hovers b check box‚ button‚43026 or Suites 138020 2722 tennyson blvd apt over aColumbus-Hilliard Homewood item list‚ it will turn into a hand with one
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What plans should the hospital board make for next year and the next five years? After reviewing the balance sheets for the Patton Fuller Community Hospital for the next fiscal year‚ it shows that the hospital will break even. For the year the hospital is making enough money that will cover all of their debts. The hospital will not make any profits. To avoid debts of the hospital from increasing‚ the hospital will need to increase their revenues. Healthcare organizations need to realize hospital
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Environmental Proposal: Patton-Fuller Community Hospital Team A PSY 428 Keith B. July 25‚ 2010 Environmental Proposal: Patton –Fuller Community Hospital The business world views organizational psychology as the evaluation of individual behavior in the working environment. This methodology explains the effects of individual behavior on the atmosphere and productivity of an organization. In learning to understand organizational psychology‚ some
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Patton-Fuller Community Hospital has been in business in the City of Kelsey since 1975. The hospital provides high quality medical care to the citizens of Kelsey and the surrounding area. Some of the services the hospital offers are x-rays‚ pharmacy‚ and emergency services for children and adults. “As one of the first hospitals in Kelsey‚ the staff is committed to providing a variety of programs that will support the health and welfare of the local community populations” (Apollo Group‚ 2010). The
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