Only for AccountingGenius

gp_template.xlsx

Sheet1

For each student, please type your name and your selected company's name and the link of the company
Student name:
Selected company name
Selected company link
Student name:
Selected company name
Selected company link
Student name:
Selected company name
Selected company link
Student name:
Selected company name
Selected company link
Music Warehouse
Income Statement
For the Year Ended December 31, 2008
Sales revenues
Sales
Less: Sales discounts
Net sales
Cost of goods sold
Gross profit
Operating expenses
Salaries expense
Depreciation expense
Utilities expense
Repairs & maintenance expense
Telephone expense
Total operating expenses
Income from operations before interest and income tax expenses
Other expenses and losses
Interest expense
Income from operations before income taxes
Income tax expense
Income from continuing operations before extraordinary loss and discontinued operations
Extraordinary Loss
Discontinued operations
Net income
Music Warehouse
Statement of Changes in Stockholder's Equity
For the Year Ended December 31, 2008
	Common Stock
	# of shares	Value	Additional Paid-In Capital	Retained Earnings
Balance, December 31, 2007
Sale of common stock
Net income
Dividends
Balance, December 31, 2008