Business Forum UK - Business Help and Advice
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

Go Back   Business Forum UK - Advice Help and Questions > Business Forums > Accounting, Bookkeeping, Financial and Banking

Accounting, Bookkeeping, Financial and Banking For help with Accountants, Accounts and Book Keeping plus Finance, Investment and Bank Advice

Reply
 
LinkBack Thread Tools Display Modes
Old 30-11-09, 01:31 AM   #1 (permalink)
harman187
Junior Member
 
Join Date: Nov 2009
Posts: 1
Thanks: 0
Thanked 0 Times in 0 Posts
Default Cash flow statement question

I can't seem to figure out how to calculate the net income for a cash flow statement when your not given the income statement in the question.. I was only given the adjusted trial balance.. Does anyone know how?

The adjusted trial balance includes:
accts payable
accts receivable
accumulated amortization
allowance for doubtful accts
amortization expense
cash
cash dividends
common shares
equipment
machinery
merchandise inventory
notes payable
other expenses (including losses)
preferred shares
retained earnings
revenues (including gains)
unearned revenue



EDIT:
Well I just got finished trying various ways and the way I found out is to work your way from the *bottom* of the cash flow statement (filling in beginning and ending year cash balances and calculating net income increase or decrease) You can then continue to calculate the financing and investing parts of the cash flow statement.. After that fill in the adjustments.

When you finish filling everything in all you have to do is take the ending year cash balance and subtract net income increase/decrease,adjustments,financing and investing. This will give you the number that the income statement would have to be for the ending cash balance to be what it is.


Anyway, I am gone now.. forever. Bye all
harman187 is offline  
Digg this Post!Share on FacebookStumble this Post!Google Bookmark this Post!Twit this!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Cash Flow forcast, What is it and how do i do it!! Punched Accounting, Bookkeeping, Financial and Banking 4 25-03-10 02:57 PM
Bank statement reconciliation with cash book spencerwood Accounting, Bookkeeping, Financial and Banking 2 21-01-09 07:10 AM
Should development costs (assets) also be shown in the Income statement? techie Accounting, Bookkeeping, Financial and Banking 4 15-01-09 07:48 PM
Boosting Business Cash Flow virtualmediauk Accounting, Bookkeeping, Financial and Banking 5 11-12-08 07:35 AM


All times are GMT. The time now is 11:40 AM.


Member Controls

Welcome to the A1 Business Forums! Please login below:

Forgotten your login? The just click here and we can resend it to you

Not yet registered? Joining the forum is both free and easy! Simply complete the registration here and we'll get you setup straight away.

 
Our Advertisers

Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
© All Content Copyright A1 Business Forums

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31