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Chapter 7 Financial Records:  Income Statement and Balance Sheet
Financial Records ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Income Statement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Income Statement (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Income Statement Name: Salleh bin Ahmad Period: 1 January 2007 to 31 December 2007 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Income Statement (cont.) 6 Housing expenses Fixed Variable Annual payment   (loan) 12,000 Housing & land tax   300 Food 10,000 Clothing   2,000 Transportation: Fuel   1,600 Insurance 1,200 License   120 Life insurance 4,000 Annual payment (loan) 8,000 Others   800 Small total 25,620 14,400 7 Total expenses 40,020 8 Amount for savings  & investment 27,480
Balance Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance Sheet   (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance Sheet   (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance Sheet   (cont.) ,[object Object],[object Object],[object Object],[object Object]
Balance Sheet   (cont.) As+r~: HM (:ash ..n~arronn~ 4,19fl 1-1.n hand t5 Toed rash 4,213 3,410. ,Oral C., (murkre valve) 4.60) &snnal6elnnging nx1 Fum~nire&elerni.al hrn~z 343!1 -[0,1 per:onnl 6, "mna 3343U rural asset 13 ,991 f..aL~l~hes Inzrallmen~ loan 15')1 '1'o~al Al.-." .ab...hrz d Nntxvordl 12 10
Changes to the  Balance Sheet ,[object Object],[object Object],[object Object]
The Effect of Changes in Income Statement on the Balance Sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Evaluating the Financial Situation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Evaluating the Financial Situation   (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Evaluating the Financial Situation   (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Evaluating the Financial Situation   (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Financial Records: Income Statement and Balance Sheet

  • 1. Chapter 7 Financial Records: Income Statement and Balance Sheet
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. Income Statement (cont.) 6 Housing expenses Fixed Variable Annual payment (loan) 12,000 Housing & land tax 300 Food 10,000 Clothing 2,000 Transportation: Fuel 1,600 Insurance 1,200 License 120 Life insurance 4,000 Annual payment (loan) 8,000 Others 800 Small total 25,620 14,400 7 Total expenses 40,020 8 Amount for savings & investment 27,480
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. Balance Sheet (cont.) As+r~: HM (:ash ..n~arronn~ 4,19fl 1-1.n hand t5 Toed rash 4,213 3,410. ,Oral C., (murkre valve) 4.60) &snnal6elnnging nx1 Fum~nire&elerni.al hrn~z 343!1 -[0,1 per:onnl 6, "mna 3343U rural asset 13 ,991 f..aL~l~hes Inzrallmen~ loan 15')1 '1'o~al Al.-." .ab...hrz d Nntxvordl 12 10
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.