BALANCE SHEET INFORMATION ON A WORK SHEET

1
BALANCE SHEET INFORMATION ON A WORK SHEET
Lesson 8-2, page 187
2
HEADING OF A BALANCE SHEET
1
2
3
1. Name of Company
2. Name of Report
3. Date of Report
Lesson 8-2, page 187
3
OWNERS EQUITY SECTION OF A BALANCE SHEET
1
3
2
5
8
7
6
1. Owners Equity
6. Total of Assets
7. Total Liabilities and Owners Equity
2. Account Title
8. Total of Liabilities and Owners Equity
3. Capital Amount
9. Compare Totals
4. Single Line
5. Total Assets
10. Double Lines
Lesson 8-2, page 189
4
OWNERS EQUITY REPORTED IN DETAIL ON A BALANCE
SHEET
1
2
3
6
4
8
5
7
9
1. Beginning Capital
6. Difference
7. Ending Capital
2. Beginning Capital Amount
8. Current Capital Amount
3. Net Income
9. Total Liabilities and Owners Equity
4. Drawing
5. Single Line
Lesson 8-2, page 190