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BORROWERS FINANCIAL STATEMENT  Form

BORROWERS FINANCIAL STATEMENT Form

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Video instructions and help with filling out and completing BORROWERS FINANCIAL STATEMENT Form

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Instructions and help about BORROWERS FINANCIAL STATEMENT

well nicely done you've made it to the last video and by the way don't be put off by the busyness of this screen uh you know all the stuff here income statement statement of cash flows there's the balance sheet uh what I'm going to do now is do a very fast rattle through all three of these and uh just to just to cover off all the work that you already know all right you ready Let's uh let's get going oh one thing by the way and that is that you'll see negative numbers don't have a dash in front of them they're represented uh with brackets around them okay ready go this is for January for Acme web design the income statement starts off with sales of $5,000 and a corresponding cost of good sold of 1,000 we know to subtract the one from the five to get to $4,000 then we have a bunch of expenses General and administrative $6,000 that's your rent uh telecommunications costs administrative costs that's ty

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