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E: www.stambaugh-ness.com Phone: 717.757.6999 Fax: 717.757.4550 2600 Eastern Boulevard, Suite 101 York, Pennsylvania 17402-2916 VIRTUOSO CONSTRUCTION COMPANY, INC. BASIC FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION DECEMBER 31, 20YY AND 20XX Executive Overview The accompanying sample financial statements of Virtuoso Construction Company, Inc. are for education purposes only. This sample is of a fictional nonpublic, closely-held construction company which provides its financial state.

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Information from your accounting journal and your general ledger is used in the preparation of your business's financial statement. The income statement, the statement of retained earnings, the balance sheet, and the statement of cash flows all make up your financial statements.

Start with the heading. The heading includes the name of entity (individual or company), name of the statement (balance sheet), and the reporting period (ex. ... Present your assets. ... Present your liabilities. ... Add the owner's equity.

Balance Sheet. A balance shows the assets, liabilities and shareholder equity during a specific period. ... Income Sheet. ... Statement of Cash Flow. ... Step 1: Make A Sales Forecast. ... Step 2: Create A Budget for Your Expenses. ... Step 3: Develop Cash Flow Statement. ... Step 4: Project Net Profit. ... Step 5: Deal with Your Assets and Liabilities.

In simple terms, a company's revenues, expenses, assets, and liabilities are reported to outsiders by means of its financial statements. Typically, a complete set of financial statements produced by a business includes four separate statements along with comprehensive notes.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232