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Assets = Liabilities + Stockholders Equity

Service Revenue Income Statement


Equipment Balance Sheet
Advertising Expenses Income Statement
Accounts Receivable Balance Sheet
Common Stock Balance Sheet (Stockholders Equity)
Interest Payable Balance Sheet (Liabilities)

Net income is on the income statement, retained earnings are on the


income statement and it is indirectly on the balance sheet.
Cash received from customers (Operating) (+)
Cash paid to stockholders (Financing) (-)
Cash received from new stock (Financing) (+)
Cash paid to suppliers (Operating) (-)
Cash paid to purchase new office (Investing) (-)

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