1 / 9

LESSON 15-4

LESSON 15-4. Preparing a Balance Sheet. BALANCE SHEET INFORMATION ON A WORK SHEET. page 464. CURRENT ASSETS SECTION OF A BALANCE SHEET. page 465. 1. 2. 3. 4. 5. 1. Heading. 3. Book value of accounts receivable. 4. Asset accounts. 2. Begin assets section. 5. Current assets. 4. 5.

Download Presentation

LESSON 15-4

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. LESSON 15-4 Preparing a Balance Sheet

  2. BALANCE SHEET INFORMATION ON A WORK SHEET page 464 LESSON 15-4

  3. CURRENT ASSETS SECTION OF A BALANCE SHEET page 465 1 2 3 4 5 1. Heading 3. Book value of accounts receivable 4. Asset accounts 2. Begin assets section 5. Current assets LESSON 15-4

  4. 4 5 PLANT ASSETS SECTION OF A BALANCE SHEET page 466 1 2 3 1. Write the heading Plant Assets. 2. Calculate the book value of office equipment. 3. Use the same procedure to calculate the book value of store equipment. 4. Calculate total plant assets. 5. Calculate total assets. LESSON 15-4

  5. 2 LIABILITIES SECTION OF A BALANCE SHEET page 467 1. Heading 2. Account title and amount of each current liability 1 3. Total liabilities 3 LESSON 15-4

  6. 3 2 4 5 6 STOCKHOLDERS’ EQUITY SECTION OF A BALANCE SHEET page 468 1 1. Stockholders’ Equity 5. Total liabilities and stockholders’ equity 2. Capital stock 6. Double rules 3. Retained earnings 4. Total stockholders’ equity LESSON 15-4

  7. COMPLETED BALANCE SHEET page 469 (continued on next slide) LESSON 15-4

  8. COMPLETED BALANCE SHEET page 469 (continued from previous slide) LESSON 15-4

  9. TERMS REVIEW page 471 • current liabilities • long-term liabilities • supporting schedule LESSON 15-4

More Related