Accounting Satetments | Regvaluer

Accounting Satetments

Balance Sheet Identity

Assets = Liabilities + Owner’s Equity

Income Statement

Sales

Cost of Goods Sold (COGS)
- =Gross Profit (GP)
  - – Administrative Expenses
  - – Depreciation
  - – Other Expenses
    - = Earning Before Interests and Taxes (EBIT)
      - – Interest
      - = Earnings Before Taxes
        
        – Taxes
        
        = Net Income (Net Profit)

Statement of Retained Earnings

Begining Balance Retained Earnings

+ Net Profit
- – Dividends on Preferred Stock
- – Dividends on Common Stock
  - = Ending Balance Retained Earnings

Cash Flow Identity

Cash Flows From Assets = Sum of the Cash Flow paid to the suppliers of capital to the firm

Statement of Cash Flow

Cash Flows from Operations

Cash Flows from Investments
- Cash Flows from Financing
  - Net Increase (or Decrease) in Cash