Get the free Statements Years ended December 31, 2017 and 2016

Use these links to rapidly review the document TABLE OF CONTENTS BROADWAY FINANCIAL CORPORATION AND SUBSIDIARY Index to Consolidated Financial Statements Years ended December 31, 2017, and 2016Table

How to fill out statements years ended december

How to fill out statements years ended december

1. Start by gathering all the financial information for the year ended December. This includes the income statement, balance sheet, and cash flow statement.
2. Review the income statement and analyze the revenue and expenses for the year.
3. Fill out the revenue section of the statement by recording all sources of income during the year. This may include sales revenue, interest income, or any other revenue streams.
4. Fill out the expenses section of the statement by recording all expenses incurred during the year. This may include cost of goods sold, operating expenses, or any other expenses related to the business.
5. Calculate the net income or loss by subtracting the total expenses from the total revenue.
6. Review the balance sheet and record the assets, liabilities, and equity as of the end of the year.
7. Ensure that the balance sheet balances by making sure the total assets are equal to the total liabilities and equity.
8. Review the cash flow statement and analyze the inflows and outflows of cash during the year.
9. Fill out the cash flow statement by categorizing the cash inflows and outflows into operating, investing, and financing activities.
10. Review the completed statements and make any necessary adjustments or corrections before finalizing them.

Who needs statements years ended december?

1. Statements years ended December are needed by businesses, organizations, and individuals for various purposes such as:
2. - Assessing the financial performance and profitability of a company
3. - Making informed decisions about investments or loans
4. - Compliance with regulatory requirements
5. - Evaluating the financial health and stability of a business
6. - Reporting to shareholders or stakeholders
7. - Seeking financing or partnerships
8. - Conducting financial analysis and forecasting

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What is statements years ended december?

Statements years ended December refer to financial statements that summarize an organization's financial performance and position for the fiscal year that ends on December 31st.

Who is required to file statements years ended december?

Typically, corporations, partnerships, and organizations that are required to report their financial results for the year are obligated to file statements years ended December.

How to fill out statements years ended december?

To fill out statements years ended December, businesses must gather financial data, including revenues, expenses, and assets, and complete balance sheets and income statements in accordance with applicable accounting standards.

What is the purpose of statements years ended december?

The purpose of statements years ended December is to provide stakeholders, such as investors and creditors, with a clear view of the organization's financial health and performance over the past year.

What information must be reported on statements years ended december?

The information that must be reported includes income statements, balance sheets, cash flow statements, and notes to the financial statements detailing accounting policies and significant transactions.