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FIN 575 University of Phoenix WK4 Balance Sheet and Cash Flow Statement Paper

 

The purpose of this assignment is for students to initiate and complete a comprehensive financial plan. The ultimate result will be a set of pro forma financial statements including an Income Statement, Balance Sheet, and Cash Flow Statement. The student will develop requisite assumptions about the dollar values to be budgeted. 

Assignment Steps 

Assignment Steps 

Create a balance sheet by doing the following: 

  • Conduct an internet search, use one from an assignment, or use an example located in the textbook and locate a balance sheet.
  • Review and discuss in 350 words the assets, liabilities and stockholder’s equity items found on the balance sheet.
  • Create a balance sheet using the account names and balances below. Make assumptions about the dollar values of each account so that the balance sheet balances. Remember that assets will equal liabilities plus stockholders’ equity