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Paper Types
- Admission Essay
- Annotated Bibliography
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- Article Critique
- Article Review
- Article Writing
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- Book Review
- Business Plan
- Business Proposal
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- Creative Essay
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- Asian Literature
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- Aviation
- Biology
- Business
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- Geology
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Les Fleurs, Essay Example
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Abstract
Les Fluers is a boutique in Paris, France. The purpose of this essay is to use data from the company’s balance sheet and the company’s purchases to compute the company’s net sales revenue, cost of goods sold, gross profit, net income, balance sheet, and statement of owner’s equity.
Les Fleurs: A French Flower Boutique
Les Fleurs net sales revenue equals E103,000. The cost of goods sold was E258,000. Their gross profit was E400,000. Their net income was E403,000.
Les Fleurs Balance Sheet as of December 31, 20X2
Assets
Current Assets
Capital – 403,000
Fixed Assets – 0
Liabilities – 39,000
Les Fleurs
Statement of Owner’s Equity
For Month Ending December 31, 20X2
Capital – 10,000
Investment during the month – 0
Net Income – 403,000
Withdrawals – 0
Owner’s Capital – 413,000
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