LESSON 15-4
-
Upload
wyoming-mendoza -
Category
Documents
-
view
22 -
download
0
description
Transcript of LESSON 15-4
CENTURY 21 ACCOUNTING © Thomson/South-Western
2
LESSON 15-4
BALANCE SHEET INFORMATION ON A BALANCE SHEET INFORMATION ON A WORK SHEETWORK SHEET page 464
CENTURY 21 ACCOUNTING © Thomson/South-Western
3
LESSON 15-4
CURRENT ASSETS SECTION OF A CURRENT ASSETS SECTION OF A BALANCE SHEETBALANCE SHEET
11
22
33
44
55
page 465
3. Book value of accounts receivable
4. Asset accounts1. Heading
2. Begin assets section 5. Current assets
CENTURY 21 ACCOUNTING © Thomson/South-Western
4
LESSON 15-4
PLANT ASSETS SECTION OF A PLANT ASSETS SECTION OF A BALANCE SHEETBALANCE SHEET
11
22
33
page 466
44
551. 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.
CENTURY 21 ACCOUNTING © Thomson/South-Western
5
LESSON 15-4
LIABILITIES SECTION OF A BALANCE LIABILITIES SECTION OF A BALANCE SHEETSHEET
11
33
page 467
1. Heading
2. Account title and amount of each current liability
3. Total liabilities
22
CENTURY 21 ACCOUNTING © Thomson/South-Western
6
LESSON 15-4
STOCKHOLDERS’ EQUITY SECTION OF A STOCKHOLDERS’ EQUITY SECTION OF A BALANCE SHEETBALANCE SHEET
11
page 468
5. Total liabilities and stockholders’ equity
44
66
55
2233
2. Capital stock
1. Stockholders’ Equity
3. Retained earnings
4. Total stockholders’ equity
6. Double rules
CENTURY 21 ACCOUNTING © Thomson/South-Western
7
LESSON 15-4
COMPLETED BALANCE SHEETCOMPLETED BALANCE SHEET page 469
(continued on next slide)
CENTURY 21 ACCOUNTING © Thomson/South-Western
8
LESSON 15-4
COMPLETED BALANCE SHEETCOMPLETED BALANCE SHEET page 469(continued from previous
slide)