Accounting Sandbox

Report Details

Business Name:

Period Ending:

Notes to Financial Statements:

➕ Create Custom Account (Ledger)

Account Name (e.g., Land, Interest_Paid):

Account Type (for DR/CR Rules):

Post Journal Entry

Debit Account: Credit Account: Amount (USD):

Description/Hint: Entry Date:

Income Statement

Revenues

Sales Revenue
Service Revenue
Consulting Revenue
Interest Revenue

**Total Revenues**

Expenses

Cost of Goods Sold (COGS)
Salary Expense
Rent Expense
Utilities Expense
Depreciation Expense
Insurance Expense
Interest Expense

**Total Expenses**

**NET INCOME**

Balance Sheet

Current Assets

Cash
Accounts Receivable
Inventory
Prepaid Rent

Non-Current Assets

Equipment (Cost)
- Accum. Depreciation

**Total Assets**

Current Liabilities

Accounts Payable
Unearned Revenue
Wages Payable

Non-Current Liabilities

Notes Payable (Long-term)

**Total Liabilities**

Equity

Common Stock
Retained Earnings (NI)
- Dividends Paid

**Total L & E**

Cash Flow Statement

Cash Flow from Operating Activities (Indirect)

Net Income
+ Depreciation Expense
(Change in AR)
(Change in Inventory)
(Change in Prepaid Rent)
(Change in AP)
(Change in Unearned Revenue)

Net Cash from Operations

Cash Flow from Investing Activities

Purchase/Sale of Equipment

Net Cash from Investing

Cash Flow from Financing Activities

Issuance of Stock/Debt
Payment of Dividends

Net Cash from Financing

Net Increase in Cash
+ Beginning Cash Balance
Ending Cash Balance

Interactive Accounting Sandbox