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Similaire à Lesson 22 3 (20)
Plus de nadinesullivan (20)
Lesson 22 3
- 1. LESSON 22-3
Preparing a Statement of
Stockholders’ Equity and
Balance Sheet
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
- 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
- 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
TERMS REVIEW
page 653
long-term liabilities
working capital
current ratio
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 22-3
- 7. 6
TERMS REVIEW
page 653
long-term liabilities
working capital
current ratio
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 22-3