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2. How to Create a Financial Projection in Excel - AOL

   www.aol.com/finance/create-financial-projection...

   Gather your documents. You’ll need the following documents to create a financial projection: Balance sheet. Cost of goods sold (COGS). Startup expenses. Sales forecast. Payroll costs. Income ...

3. Balance sheet - Wikipedia

   en.wikipedia.org/wiki/Balance_sheet

   In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

4. Chart of accounts - Wikipedia

   en.wikipedia.org/wiki/Chart_of_accounts

   The terms equity [for profit enterprise] or net assets [not-for-profit enterprise] represent the residual interest in the assets of an entity that remains after deducting its liabilities (CF E61). Equity accounts include common stock, paid-in capital, and retained earnings. Equity accounts can vary depending where an entity is domiciled as some ...

5. Statement of changes in equity - Wikipedia

   en.wikipedia.org/wiki/Statement_of_changes_in_equity

   Ending Retained Earnings = Beginning Retained Earnings − Dividends Paid + Net Income. This equation is necessary to use to find the Profit Before Tax to use in the Cash Flow Statement under Operating Activities when using the indirect method. This is used whenever a comprehensive income statement is not given but only the balance sheet is given.

6. Income statement - Wikipedia

   en.wikipedia.org/wiki/Income_statement

   Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...

7. Financial accounting - Wikipedia

   en.wikipedia.org/wiki/Financial_accounting

   All the figures in the trial balance are rearranged to prepare a profit & loss statement and balance sheet. Accounting standards determine the format for these accounts (SSAP, FRS, IFRS). Financial statements display the income and expenditure for the company and a summary of the assets, liabilities, and shareholders' or owners' equity of the ...

8. Retention ratio - Wikipedia

   en.wikipedia.org/wiki/Retention_ratio

   Retention ratio indicates the percentage of a company's earnings that are not paid out in dividends to shareholders but credited to retained earnings. It is the opposite of the dividend payout ratio , and is a key indicator of how much profit a company is keeping to fund its operations, growth, and development.

9. Financial statement - Wikipedia

   en.wikipedia.org/wiki/Financial_statement

   Historical financial statements. Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity.