Page 1

LISA VOZNIAK FINANCIAL STATEMENT BY CLANEE SMITH

UEI COLLEGE GARDENA BOA MODULE 110 Instructor: Frank Ezenekwe, MBA Date: 02/06/2018


ASSETS CASH

+

ACCOUNT RECEIVABLE

+

SUPPLIES

=

+ PREPAID INSURANCE +

TOOLS

+

VAN

=

LIABILITY (amount owed) + ACCOUNTS PAYABLE

8,000

+

OWNER'S (owners invetment) KENNY YOUNG CAPITAL -

+

KENNY YOUNG DRAWING

+

EQUITY REVENUE

EXPENSES

DESCRIPTION

8,000

Investment

-150

150 Rent Exp.

-5,000

5,000 600

-200

300

van purch. 600

tools purch.

100

supplies

-100

100 wage exp.

-75

75 advert. Exp.

-480

480

insurance fee

800

800 500

500

-40 200

-

(earning)

40 phone exp. -200

-150

150 wage exp.

-200

-200

600

200

-100 3,105

500

800

300

480

600

5000

500

8,000

100 100

2100

reven.

515

personal exp


STATEMENT CHART 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%


INCOME STATEMENT REVENUE

2,100

EXPENSES

3,105

NET INCOME

1,005


BALANCE SHEET

ASSETS

500

LIABILTY

9,985

OWNER EQUITY

9,485


STATEMENT OF OWNER'S EQUITY

CAPITAL

8,000

Investment

0

Net Income

1,005

With Draws

-100

ENDING CAPITAL

8,905

Lisa vozniak financial statement By. Clanee Smith  
Lisa vozniak financial statement By. Clanee Smith  
Advertisement