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Balance Sheet With Instructions

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api-3809857
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© Attribution Non-Commercial (BY-NC)
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114 views

Balance Sheet With Instructions

Uploaded by

api-3809857
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Your Company Name

Balance Sheets
Date

2004 2005
Assets
Current assets:
Cash - -
Investments
Inventories
Accounts receivable - -
Pre-paid expenses
Other - -
Total current assets $- $-

Fixed assets:
Property and equipment - -
Leasehold improvements
Equity and other investments - -
Less accumulated depreciation
Net fixed assets $- $-

Other assets
Goodwill - -
Total other assets - -

Total assets $- $-

Liabilities and owner's equity


Current liabilities:
Accounts payable - -
Accrued wages
Accrued compensation - -
Income taxes payable - -
Unearned revenue - -
Other - -
Total current liabilities $- $-

Long-term liabilities
Mortgage payable - -
Total long-term liabilities - -

Owner's equity
Investment capital - -
Accumulated retained earnings
Total owner's equity $- $-

Total liabilities and stockholders' equity $- $-

Balance Sheet
The fundamental element of a balance sheet is that
assets equal liabilities plus owner's equity.
If the box to the right equals TRUE then
congratulations, your balance sheet balances.
This box and the formulas to the right will not print.
Balance Sheet
The fundamental element of a balance sheet is that
assets equal liabilities plus owner's equity.
If the box to the right equals TRUE then Balanced? TRUE TRUE
congratulations, your balance sheet balances.
This box and the formulas to the right will not print.
Accumulated
depreciationshould
depreciated shouldbe be
entered as a negative
value. This box will not
be printed.

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