1. Lesson 8-2 (GJ)
BALANCE SHEET
Lesson 8-2, page 181

2. HEADING OF A BALANCE SHEET1 2 3
1. Name of Company
2. Name of Report
3. Date of Report
Lesson 8-2, page 181

3. ASSETS AND LIABILITIES SECTIONS OF A BALANCE SHEET2 1 3 5 4 6 7 8 9
1. Assets
4. Liabilities
2. Account Titles
5. Account Titles
3. Asset Amounts
6. Liability Amounts
7. Single line
8. Total Liabilities
9. Total of Liabilities
Lesson 8-2, page 182

4. OWNER’S EQUITY SECTION OF A BALANCE SHEET1 2 3 4 5 6 7 8 9 10
1. Owner’s Equity
6. Total of Assets
2. Account Title
7. Total Liabilities and Owner’s Equity
3. Capital Amount
8. Total of Liabilities and Owner’s Equity
4. Single Line
9. Compare Totals
5. Total Assets
10. Double Lines
Lesson 8-2, page 183

5. OWNER’S EQUITY REPORTED IN DETAIL ON A BALANCE SHEET1 2 3 4 6 7 5 8 9
1. Beginning Capital
6. Difference
2. Beginning Capital Amount
7. Ending Capital
3. Net Income
8. Current Capital Amount
4. Drawing
9. Total Liabilities and Owner’s Equity
5. Single Line
Lesson 8-2, page 184