Finance Whiz Quiz - Bonus Question
If you understand the structure of financial statements, calculating the missing numbers in XYZ Company’s Balance Sheet and Income Statement will be a snap. You may find it useful to print this web page before working on the question.
Complete the missing fields in the xyz company's balance sheet and income statement:
|XYZ Company Balance Sheet|
|As at June 30, 20XX|
|Cash and Investments||35,000|
|TOTAL LIABILITIES AND EQUITY|
|XYZ Company Income Statement|
|For the Year Ended June 30, 20XX|
|Box Office and Performance Fees||38,200|
|Artistic, Production and Tech Fees||48,900|
|Artistic, Production and Tech Costs||11,600|
|Publicity and Marketing||20,000|
|SURPLUS OR DEFICIT|
When you are ready, look at the answer to the bonus question.