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  • Trial Balance

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    zZl3Ul2NNINGZz
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    This financial statement shows that a company's total assets are equal to its total liabilities plus stockholders' equity. The assets include cash, accounts receivable, supplies, equipment, and prepaid insurance. The liabilities include notes payable, accounts payable, and unearned revenue. Stockholders' equity consists of common stock and retained earnings, which is revenues minus expenses minus dividends.

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    This financial statement shows that a company's total assets are equal to its total liabilities plus stockholders' equity. The assets include cash, accounts receivable, supplies, equipment, and prepaid insurance. The liabilities include notes payable, accounts payable, and unearned revenue. Stockholders' equity consists of common stock and retained earnings, which is revenues minus expenses minus dividends.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    6 views1 page

    Trial Balance

    Uploaded by

    zZl3Ul2NNINGZz
    This financial statement shows that a company's total assets are equal to its total liabilities plus stockholders' equity. The assets include cash, accounts receivable, supplies, equipment, and prepaid insurance. The liabilities include notes payable, accounts payable, and unearned revenue. Stockholders' equity consists of common stock and retained earnings, which is revenues minus expenses minus dividends.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Assets = Liabilities + Stockholders' Equity

    Account Prepaid Notes Accounts Unearned Common Retained Earnings


    Cash + + Supplies + Equipment + = + + + +
    Recievable Insurance Payable Payable Revenue Stock Revenues - Expenses - Dividends

    + + + + = + + + + - -

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