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.

Statement Number	Date

Balance Sheet

As of [Month, Day, Year]

Assets

Current Assets
Cash and Cash Equivalents:
Accounts Receivable:
Prepaid Expenses:
Inventory:
Total Current Assets:

Non-Current Assets
Property, Plant, and Equipment (net):
Long-term Investments:
Other Non-Current Assets:
Total Non-Current Assets:

Total Assets:

Liabilities

Current Liabilities
Accounts Payable:
Accrued Expenses:
Deferred Revenue:
Short-term Loans:
Total Current Liabilities:

Non-Current Liabilities
Long-term Debt:
Other Non-Current Liabilities:
Total Equity:

Total Liabilities:

Equity

Retained Earnings:
Capital Contributions:
Total Non-Current Liabilities:

Total Liabilities and Equity:

Income Statement

For the Year Ended [Month Day, Year]

Revenues

Tuition Fees:
Government Grants:
Donations:
Other Income:
Total Revenues:

Expenses

Salaries and Wages:
Rent:
Utilities:
Supplies:
Depreciation:
Other Operating Expenses:
Total Expenses:

Net Income:

Statement of Cash Flows

For the Year Ended [Month, Day, Year]

Cash Flows from Operating Activities

Adjustments for Non-Cash Items
Depreciation:
*Changes in Working Capital*
Accounts Receivable:
Accounts Payable:
Inventory:
Net Cash Provided by Operating Activities:

Net Income:

Cash Flows from Investing Activities

Purchase of Property, Plant, and Equipment:
Proceeds from Sale of Investments:
Net Cash Used in Investing Activities:

Cash Flows from Financing Activities

Proceeds from Loans:
Repayment of Debt:

Net Cash Provided by Financing Activities:
Net Increase in Cash and Cash Equivalents:
Cash and Cash Equivalents at Beginning of Year:
Cash and Cash Equivalents at End of Year:

Notes to the Financial Statements

Summary of Significant Accounting Policies
Basis of Preparation	The financial statements are prepared in accordance with Generally Accepted Accounting Principles (GAAP) in the United States.
Revenue Recognition
Property, Plant, and Equipment
Use of Estimates