1. BALANCE SHEET COLUMNS OF A WORK SHEET
1. Extend asset, liability, and stockholders’ equity account balances. 1 2
2. Total columns.
Lesson 4-2, page 108

2. ESTIMATING ENDING MERCHANDISE INVENTORY
1. Extend revenue, cost and expense accounts. 1 2
2. Total columns.
Lesson 4-2, page 109

3. ESTIMATING ENDING MERCHANDISE INVENTORY
3. Write difference between columns. 3
1. Write difference between columns. 1 4
4. Total columns. 2
2. Add description.
Lesson 4-2, page 109

4. NET LOSS ON A WORK SHEET 3 2 1 4 1. Write difference between columns.
2. Add description. 4
4. Total columns.
Lesson 4-2, page 110

5. TERMS REVIEW schedule of accounts receivable
schedule of accounts payable
trial balance
work sheet
plant assets
depreciation expense
Lesson 4-2, page 111