LESSON 6-3 Extending Financial Statement Information  on a Work Sheet
EXTENDING BALANCE SHEET ACCOUNT BALANCES ON A WORK SHEET page 162 1. Debit balances without adjustments 2. Debit balances ...
EXTENDING INCOME STATEMENT ACCOUNT BALANCES ON A WORK SHEET page 163 1. Sales balance 2. Expense balances without adjustme...
RECORDING NET INCOME, AND TOTALING AND RULING A WORK SHEET 1. Single rule 2. Totals 3. Net income page 164 4. Extend net i...
CALCULATING AND RECORDING A NET LOSS ON A WORK SHEET page 165 2. Totals 3. Net loss 4. Extend net loss 1. Single rule 2 1 ...
TERMS REVIEW <ul><li>balance sheet </li></ul><ul><li>income statement </li></ul><ul><li>net income </li></ul><ul><li>net l...
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Lesson06 3g

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Lesson06 3g

  1. 1. LESSON 6-3 Extending Financial Statement Information on a Work Sheet
  2. 2. EXTENDING BALANCE SHEET ACCOUNT BALANCES ON A WORK SHEET page 162 1. Debit balances without adjustments 2. Debit balances with adjustments 3. Credit balances without adjustments 3 2 1
  3. 3. EXTENDING INCOME STATEMENT ACCOUNT BALANCES ON A WORK SHEET page 163 1. Sales balance 2. Expense balances without adjustments 3. Expense balances with adjustments 1 3 2
  4. 4. RECORDING NET INCOME, AND TOTALING AND RULING A WORK SHEET 1. Single rule 2. Totals 3. Net income page 164 4. Extend net income 6. Totals 5. Single rule 7. Double rule 6 7 3 5 2 1 4
  5. 5. CALCULATING AND RECORDING A NET LOSS ON A WORK SHEET page 165 2. Totals 3. Net loss 4. Extend net loss 1. Single rule 2 1 3 4
  6. 6. TERMS REVIEW <ul><li>balance sheet </li></ul><ul><li>income statement </li></ul><ul><li>net income </li></ul><ul><li>net loss </li></ul>page 166

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