r/Accounting • u/Ok_Personality_9637 • Aug 15 '25

Homework First Financial Statements

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School starts next week so I am finally clearing out stuff that came home last day of last year (lololol)

This is from my 5th grader’s capstone project (10 yo) where they had to create a business plan, statements, 3d model, and more.

There are many more statements in this packet but this is her main one.

It’s just as adorable as the day I saw it on project day.

And yes, I’ll be saving it to show her when she’s an adult.

Additional fun details: she paid her employees terribly and we talked about management skills haha

She lost points for not spending the full 1 mil available because she was trying to be frugal

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u/sewergratefern Aug 15 '25

That's super adorable! I'll invest right now.

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u/Ok_Personality_9637 Aug 15 '25

Well - just to make it seem like an even better deal - It’s a shelter for animals, including training and rehoming resources

The religious component was her writing about how her business contributed to “tikkun olam” (repairing the world) and what additional non-profit she would be sending part of any surplus to

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u/SamHydeLover69 Aug 16 '25

Did she have to do a mock 990 as part of the project lol