This accounting financial statement template in Excel allows you to take each of the steps from your trial balance to the financial statements - the balance sheet and income statement.
How do I make a financial statement?
This Financial statement Excel template includes sections for their debits and credits, and pre-built formulas to calculate the total balances for each column.
A Financial Statement is used to show financial results over a period of time. This one is used to show revenue streams, costs and profit/loss during a specific period of time. The total sum of those revenues and expenses will state the net income or net profit. You may calculate it by totaling all of a business's revenue sources and subtracting from that all the business's expenses that are related to revenue. This Financial statement template includes sections for their debits and credits, and pre-built formulas to calculate the total balances for each column.
- Sales revenue
- (Less sales returns and allowances)
- Service revenue
- Interest revenue
- Other revenue
- Total Revenues
- Bad debt
- Cost of goods sold
- Employee benefits
- Furniture and equipment
- Interest expense
- Maintenance and repairs
- Office supplies
- Payroll taxes
- Research and development
- Salaries and wages
- Web hosting and domains
- Net Income Before Taxes
- Income tax expense
Income from Continuing Operations
- Income from discontinued operations
- Effect of accounting changes
- Extraordinary items
Net IncomeThe Excel worksheet is print ready and is fully editable so that you can adjust it to your own needs.
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