1. LESSON 15-4 Preparing a Balance Sheet
6/10/2018
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. PLANT ASSETS SECTION OF A BALANCE SHEET
page 466 1 2 4 3 5
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. LIABILITIES SECTION OF A BALANCE SHEET
page 467
1. Heading
2. Account title and amount of each current liability 1
3. Total liabilities 2 3
LESSON 15-4

6. STOCKHOLDERS’ EQUITY SECTION OF A BALANCE SHEET
page 468 1 3 2 4 5 6
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 current liabilities long-term liabilities
page 471
current liabilities
long-term liabilities
supporting schedule
LESSON 15-4