LESSON 22-3
Preparing a Statement of
Stockholders’ Equity and
Balance Sheet

CENTURY 21 ACCOUNTING © 2009 South-Western, C...
STATEMENT OF STOCKHOLDERS’
EQUITY

2
page 649

1
2
3

1. Write the heading.
2. Prepare the capital stock section.
3. Prepa...
3

BALANCE SHEET

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

page 650

LESSON 22-3
4

BALANCE SHEET

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

page 650

LESSON 22-3
5

ANALYZING A BALANCE SHEET

page 652

Working Capital
Total Current
Assets

–

Total
Current
Liabilities

$229,594.55

–...
6

TERMS REVIEW

page 653

 long-term liabilities
 working capital
 current ratio

CENTURY 21 ACCOUNTING © 2009 South-W...
6

TERMS REVIEW

page 653

 long-term liabilities
 working capital
 current ratio

CENTURY 21 ACCOUNTING © 2009 South-W...
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Lesson 22 3

  1. 1. LESSON 22-3 Preparing a Statement of Stockholders’ Equity and Balance Sheet CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
  2. 2. STATEMENT OF STOCKHOLDERS’ EQUITY 2 page 649 1 2 3 1. Write the heading. 2. Prepare the capital stock section. 3. Prepare the retained earnings section. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 22-3
  3. 3. 3 BALANCE SHEET CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning page 650 LESSON 22-3
  4. 4. 4 BALANCE SHEET CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning page 650 LESSON 22-3
  5. 5. 5 ANALYZING A BALANCE SHEET page 652 Working Capital Total Current Assets – Total Current Liabilities $229,594.55 – $57,494.53 = $172,100.02 Total Current Assets ÷ Total Current Liabilities = Current Ratio $229,594.55 ÷ $57,494.53 = 4.0 to 1 = Working Capital Current Ratio CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 22-3
  6. 6. 6 TERMS REVIEW page 653  long-term liabilities  working capital  current ratio CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 22-3
  7. 7. 6 TERMS REVIEW page 653  long-term liabilities  working capital  current ratio CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 22-3

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