'Net worth statement' diaporamas de présentation

Record Keeping

Record Keeping. Ag Management Chapter 2. Why Keep Records. Comply with income tax reporting requirements Assist in planning and management. Kinds of Records. Chart of Accounts Provides inventory of information needed to construct financial statements

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Statement of Financial Position

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Statement of Financial Position

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Keeping Ag Records

Keeping Ag Records. The only way to winning FFA Awards Or Advancing in Degree . Why are records kept?. Inflow and outflow of money Determine earnings Observe financial progress Determine which enterprises are profitable Income taxes Management Decisions Future Planning

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Farm Financial Statements

Farm Financial Statements. Net Worth Statement ? Statement of Cash Flows Net Income Statement Statement of Owner Equity. Recording Transactions in the Cash Journal. Date Description Value Amount (bu., lb., etc) To (from) whom Enterprise (optional) Production period (optional).

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Farm & Ranch Business Management

Farm & Ranch Business Management. Chapter #2 Record Keeping. Why keep records?. income tax reporting requirements assist in planning and management obtaining credit. What kinds of records need to be kept?. 1) Cash Flow Statement : monthly cash inflows and outflows

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Making the Most of What You Have & Accepting Your Feelings Nancy M. Porter, Ph.D. Deborah J. Thomason, Ed.D.

Making the Most of What You Have & Accepting Your Feelings Nancy M. Porter, Ph.D. Deborah J. Thomason, Ed.D. Income = Expenses + Credit + Savings Payments. http://spendster.org. Use Assets. Determine your net worth Worksheet 3: Net Worth Statement Do it annually

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FARM FINANCIAL STATEMENTS

FARM FINANCIAL STATEMENTS. FARM FINANCIAL STATEMENTS Key Questions. Chapters 5 and 6. What are the major financial statements used by farm businesses? What does each one tell us? How do they relate to each other?. RECOMMENDED FINANCIAL STATEMENTS. Net Worth Statement

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Chapter 8

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Net Worth Statements

Net Worth Statements. Original PowerPoint Created by Mike White Modified by Georgia Agricultural Education Curriculum Office June, 2002. Ag Business Management Spring 1999. Objectives. Distinguish between assets and liabilities. Give examples of each category of assets and liabilities.

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5.00 Financial Recordkeeping

5.00 Financial Recordkeeping. Horticulture II. Net Worth Statement. Total assets (A)= current assets + non-current assets

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Net Worth Statement

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