By: J. J Gonzales

Sunday, October 7, 2012

Preparation of Financial Statement

             All accounting reports require a heading which is written on the first three lines at the center of the report being prepared.

1st line - Name of the Company
2nd line - Title of the report or statement
3rd line - Date of report

         For Income Statement, the date is written as: For the month ended________________or for the year ended_________ or for the six months ended_____________

       For Balance Sheet or Statement of Financial Condition, the date is written as: As of a certain date

INCOME STATEMENT SAMPLE



STATEMENT OF CHANGES IN CAPITAL SAMPLE


STATEMENT OF FINANCIAL CONDITION (BALANCE SHEET) SAMPLE


references: 
Fundamentals of Accounting P-1 (Accounting for service, Merchandising and Manufacturing)
By: Gloria Ardaniel Rante

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