Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Revenues Or Incomes
Sales 122
(Less)
Sales Returns 20
EXPENCES
Administrative Expences
Salaries 88
Employee benefits 99
Payroll taxes 25
Insurance 45
Rent 65
Utilities 12
Depreciation & amortization 56
Office supplies 56
Travel & entertainment 56
Postage 35
Equipment maintenance & rental 36
Interest 12
Furniture & equipment 89
Inbound and Outbound calls 65
PC 23
Maintanence 14
Repairs 47
Health Insurance 825
Bank charges 26
Dues 99
Missllenious 69
Training Expences 6
Printing & Stationary 5
Traveling expences 85
Shipment expences 25
Sales men Salaries 65
Advertising expences 45
Depreciation 65
Commission 56
Other 45
ASSETS
Current Assets
Cash 240
Stock 452
A/R 86
Bank 200
Prepaid Expences 100
Shortterm investments 400
Fixed Assets
Intangible Asstets
Goodwill 23
Patents 34
Total Assets 5321
Liabilities
Current Liabilities
A/P 211
Short term notes 144
Long term notes 411
Accural payments 233
Tax Pays 244
Other Funds 455
Payroll tax pays 44
Pension plan pays 11
Other Payments 44
Mortgage 544
Other long term liabilities 455
IMPORTANT NOTES:
Book val;ue: Companies common stock equity on B/S = Total Assets - Liabilities , Preferred stock and intangible Assets such as goodwill
Ex
Assets = 350000
Liab = 80000
Capital =210000
350000=80000+210000-X
350000-290000=X
X=60000 (Rrtained earningds
such as goodwill
Bank Reconsiliation Statement
Add
Less
1) Annual Intereat
A = P (1+ni)
EG Suppose you deposit $6000 in a bank and receive simple interest at a yearly rate of 4% for 7 years. Then the parameters will be principa
2) Compound interest
A=p(1+i/q)^nq
EG : Suppose you deposit $6000 in a bank and receive interest at a yearly rate of 4% for 7 years, compounded monthly. The parameters will be princi
3) Installment loan
M=pi/[q(1-[1+(i/q)^-nq
Income tax calculations
Purchase rate * Selling year inflation rate /Purchsing year inflation rates
Purchase rate =
Selling rate =
P.Y Inf rate
S.Y Inf rate