BME-101 Module 1

Another Financial Statement Name for Balance Sheet

• STATEMENT OF CASH FLOWS

• STATEMENT OF FINANCIAL POSITION

• STATEMENT OF FINANCIAL PERFORMANCE

• STATEMENT OF OWNER'S EQUITY

Another Financial Statement Name for Profit and Loss Statement

• STATEMENT OF CASH FLOWS

• STATEMENT OF FINANCIAL POSITION

• STATEMENT OF FINANCIAL PERFORMANCE

• STATEMENT OF OWNER'S EQUITY

Another Financial Statement Name for Income Statement

• STATEMENT OF CASH FLOWS

• STATEMENT OF FINANCIAL POSITION

• STATEMENT OF FINANCIAL PERFORMANCE

• STATEMENT OF OWNER'S EQUITY

Another Financial Statement Name for Statement of Comprehensive Income

• STATEMENT OF CASH FLOWS

• STATEMENT OF FINANCIAL POSITION

• STATEMENT OF FINANCIAL PERFORMANCE

• STATEMENT OF OWNER'S EQUITY

A Financial Statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources. It also includes all cash outflows that pay for business activities and investments during a given period.

• STATEMENT OF CASH FLOWS

• STATEMENT OF FINANCIAL POSITION

• STATEMENT OF FINANCIAL PERFORMANCE

• STATEMENT OF OWNER'S EQUITY

A Financial Statement that reflects a company’s revenues and expenses. It shows the company’s bottom line so you can see how profitable your company is during a certain period of time, such as Monthly, Quarterly or Annually. It takes into account sales revenue, cost of goods sold and

other operating expenses and income

• STATEMENT OF CASH FLOWS

• STATEMENT OF FINANCIAL POSITION

• STATEMENT OF FINANCIAL PERFORMANCE

• STATEMENT OF OWNER'S EQUITY

A Financial Statement that reports the assets, liabilities, and equity of a company on a given date. In other words, it lists the resources, obligations, and ownership details of a company on a specific day

• STATEMENT OF CASH FLOWS

• STATEMENT OF FINANCIAL POSITION

• STATEMENT OF FINANCIAL PERFORMANCE

• STATEMENT OF OWNER'S EQUITY

INCREASES IN ASSETS OR DECREASES IN LIABILITIES THAT RESULT IN INCREASES IN EQUITY, OTHER THAN THOSE RELATING TO CONTRIBUTIONS FROM HOLDERS OF EQUITY CLAIMS

• EQUITY

• INCOME

• EXPENSE

• ASSETS

• LIABILITIES

THE RESIDUAL INTEREST IN THE ASSETS OF THE ENTITY AFTER DEDUCTING ITS LIABILITIES

• EQUITY

• INCOME

• EXPENSE

• ASSETS

• LIABILITIES

A PRESENT OBLIGATION OF THE ENTITY TO TRANSFER AN ECONOMIC RESOURCE AS A RESULT OF PAST EVENTS OR BUSINESS TRANSACTIONS

• EQUITY

• INCOME

• EXPENSE

• ASSETS

• LIABILITIES