Company’s Name

Income Statement
For the (Year or Month) Ended, Date

Revenues:
Sales Revenue……………………………
Service Revenue…………………………
Rent Revenue…………………………….
Total Revenues……………………………..

Expenses:
Cost of goods sold (this is an expense)..
Advertising Expense……………………..
Insurance Expense………………………
Depreciation Expense……………………
Rent Expense…………………………….
Interest Expense…………………………
Salaries Expense………………………..
Total Expenses…………………………….

Net Income (Loss)…………………………

Note:

This does not include every expense or revenue in the business

world but does give an example of some of the most common
types. If for any reason your company does not have one of
these types of expenses or revenues just leave them off the
statement.
 Company’s Name
Retained Earnings Statement
For the (Year or Month) Ended, Date

Retained earnings, beginning date……………………….. …

Add: Net income (or deduct net loss)……………………….

Deduct: Dividends ………………………………………....

Retained earnings, ending date……………………………..

Note:

The textbook will most often give you only the beginning balance for the Retained
earnings. You must then compute the ending retained earnings.
 Company’s Name
Balance Sheet
Date

Assets
Current Assets
Cash…………………………………………...............
Short term investments………………………..............
Current portion of a Note Receivable…………………
Accounts Receivable………………………………….
Supplies……………………………………………….
Prepaid Expenses……………………………………..
Inventory……………………………………………..
Total Current Assets…………………………………....
Long-Term Assets and Investments
Notes Receivable……………………………………....
Long term Investments………………………………...
Total Long-Term Assets and Investments…………….
Property, Plant, and Equipment
Land…………………………………………………...
Building……………………………………………….
Less Accumulated Depreciation………………………
Equipment…………………………………………….
Less Accumulated Depreciation………………………
Intangible Assets
Patents……………………………………………
Copy rights………………………………. ……..
Trade Marks or Names…………………………..
Total Intangible Assets…………………………………
Other non-current assets……………………………….
Total Assets……………………………………………...

Liabilities
Current Liabilities
Notes Payable…………………………………………
Accounts Payable……………………………………..
Unearned Revenue…………………………………….
Salaries Payable……………………………………….
Total Current Liabilities……………………………….
Long-Term Liabilities………………………………….
Notes Payable…………………………………………
Mortgage Payable…………………………………….
Total Liabilities…………………………………………

Stockholders’ Equity
Common Stock………………………………………..
Retained Earnings…………………………………….
Total Stockholders’ Equity…………………………….
Total Liabilities and Stockholders’ Equity……………