Scribd Logo
Upload

Welcome to Scribd!

  • Balance Sheet

    Uploaded by

    Sonia
    11 views3 pages
    This document outlines the typical accounts found on a company's balance sheet, organized by type of asset, liability, and stockholder's equity. It lists current assets like cash, accounts receivable, inventory, and prepaid expenses. Property, plant and equipment include buildings, equipment, and accumulated depreciation. Liabilities are split between current liabilities such as accounts payable, notes payable, and income tax payable, and long-term liabilities. Stockholder's equity includes contributed capital from shares of common stock and retained earnings.

    Original Description:

    Original Title

    BALANCE SHEET

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines the typical accounts found on a company's balance sheet, organized by type of asset, liability, and stockholder's equity. It lists current assets like cash, accounts receivable, inventory, and prepaid expenses. Property, plant and equipment include buildings, equipment, and accumulated depreciation. Liabilities are split between current liabilities such as accounts payable, notes payable, and income tax payable, and long-term liabilities. Stockholder's equity includes contributed capital from shares of common stock and retained earnings.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views3 pages

    Balance Sheet

    Uploaded by

    Sonia
    This document outlines the typical accounts found on a company's balance sheet, organized by type of asset, liability, and stockholder's equity. It lists current assets like cash, accounts receivable, inventory, and prepaid expenses. Property, plant and equipment include buildings, equipment, and accumulated depreciation. Liabilities are split between current liabilities such as accounts payable, notes payable, and income tax payable, and long-term liabilities. Stockholder's equity includes contributed capital from shares of common stock and retained earnings.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    BALANCE

    SHEET
    ASSETS

    CURRENT ASSETS

    Cash (increase debit) (decrease credit)

    Investments (increase debit) (decrease credit)

    Accounts receivable (increase debit) (decrease credit)

    Interest receivable (increase debit) (decrease credit)

    Notes receivable (increase debit) (decrease credit)

    Prepaid insurance (increase debit) (decrease credit)

    Prepaid rent (increase debit) (decrease credit)

    Inventory (increase debit) (decrease credit)

    Allowance for uncollectible accounts (se resta) (decrease debit) (increase credit)

    Available for sale securities (increase debit) (decrease credit)

    Supplies (increase debit) (decrease credit)

    INVESTMENTS

    Investment in bonds (increase debit) (decrease credit)

    Land held for future use

    Treasury bonds

    PROPERTY, PLANT AND EQUIPMENT

    Building (increase debit) (decrease credit)

    Equipment (increase debit) (decrease credit)

    Land (increase debit) (decrease credit)

    Accumulated depreciation (se resta) (decrease debit) (increase credit)

    INTANGIBLE ASSETS

    Patent (increase debit) (decrease credit)

    Trading securities (increase debit) (decrease credit)


    LIABILITIES

    CURRENT LIABILITIES

    Accounts payable (decrease debit) (increase credit)

    Bonds payable (decrease debit) (increase credit)

    Charitable contributions payable (decrease debit) (increase credit)

    Discount on bonds payable (decrease debit) (increase credit)

    Discount on notes payable (se resta) (increase debit) (decrease credit)

    Dividends payable (decrease debit) (increase credit)

    Income tax payable (decrease debit) (increase credit)

    Insurance payable (decrease debit) (increase credit)

    Interest payable (decrease debit) (increase credit)

    Loan payable (decrease debit) (increase credit)

    Medicare payable (decrease debit) (increase credit)

    Notes payable (decrease debit) (increase credit)

    Obligation under capital lease (decrease debit) (increase credit)

    Retirement contribution payable (decrease debit) (increase credit)

    Salaries payable (decrease debit) (increase credit)

    Social security payable (decrease debit) (increase credit)

    Unearned revenue (decrease debit) (increase credit)

    Warranty liability (decrease debit) (increase credit)

    LONG-TERM LIABILITIES

    Long-term debts

    (Accounts) payable long-term

    STOCKHOLDER’S EQUITY

    CONTRIBUTED CAPITAL

    Capital stock (decrease debit) (increase credit)

    Common stock (decrease debit) (increase credit)

    Paid-in capital in excess of par – common (decrease debit) (increase credit)

    Additional paid-in

    Treasury stock (se resta) (increase debit) (decrease credit)

    RETAINED EARNINGS

    You might also like