School Financial Statement
School Financial Statement
This financial statement presents the financial position of [Your Company Name] as of [Month, Day, Year]. It includes the balance sheet, income statement, statement of cash flows, and explanatory notes, prepared in accordance with Generally Accepted Accounting Principles (GAAP) in the United States.
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Statement Number |
Date |
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Balance Sheet
As of [Month, Day, Year]
Assets
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Current Assets |
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Cash and Cash Equivalents: |
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Accounts Receivable: |
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Prepaid Expenses: |
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Inventory: |
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Total Current Assets: |
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Non-Current Assets |
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Property, Plant, and Equipment (net): |
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Long-term Investments: |
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Other Non-Current Assets: |
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Total Non-Current Assets: |
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Total Assets: |
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Liabilities
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Current Liabilities |
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Accounts Payable: |
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Accrued Expenses: |
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Deferred Revenue: |
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Short-term Loans: |
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Total Current Liabilities: |
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Non-Current Liabilities |
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Long-term Debt: |
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Other Non-Current Liabilities: |
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Total Equity: |
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Total Liabilities: |
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Equity
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Retained Earnings: |
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Capital Contributions: |
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Total Non-Current Liabilities: |
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Total Liabilities and Equity: |
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Income Statement
For the Year Ended [Month Day, Year]
Revenues
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Tuition Fees: |
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Government Grants: |
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Donations: |
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Other Income: |
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Total Revenues: |
Expenses
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Salaries and Wages: |
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Rent: |
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Utilities: |
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Supplies: |
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Depreciation: |
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Other Operating Expenses: |
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Total Expenses: |
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Net Income: |
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Statement of Cash Flows
For the Year Ended [Month, Day, Year]
Cash Flows from Operating Activities
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Adjustments for Non-Cash Items |
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Depreciation: |
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Changes in Working Capital |
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Accounts Receivable: |
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Accounts Payable: |
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Inventory: |
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Net Cash Provided by Operating Activities: |
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Net Income: |
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Cash Flows from Investing Activities
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Purchase of Property, Plant, and Equipment: |
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Proceeds from Sale of Investments: |
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Net Cash Used in Investing Activities: |
Cash Flows from Financing Activities
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Proceeds from Loans: |
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Repayment of Debt: |
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Net Cash Provided by Financing Activities: |
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Net Increase in Cash and Cash Equivalents: |
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Cash and Cash Equivalents at Beginning of Year: |
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Cash and Cash Equivalents at End of Year: |
Notes to the Financial Statements
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Summary of Significant Accounting Policies |
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Basis of Preparation |
The financial statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP) in the United States. |
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Revenue Recognition |
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Property, Plant, and Equipment |
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Use of Estimates |
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Property, Plant, and Equipment
As of [Month Day, Year]
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Land: |
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Buildings: |
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Equipment: |
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Less: Accumulated Depreciation: |
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Net Property, Plant, and Equipment: |
Long-term Debt
As of [Month, Day, Year]
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Description of Debt: |
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Interest Rate: |
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Maturity Date: |
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Total Long-term Debt: |
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Prepared by:
[Your Name]
[Title]
[Your Company Name]
