Lesson 6-3

Report
LESSON 6-3
Extending Financial
Statement Information
on a Work Sheet
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
2
EXTENDING BALANCE SHEET ACCOUNT
page 162
BALANCES ON A WORK SHEET
2
1. Debit balances without adjustments
2. Debit balances with adjustments
3. Credit balances without adjustments
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 6-3
3
EXTENDING INCOME STATEMENT ACCOUNT
BALANCES ON A WORK SHEET
page 163
1
2
3
1. Sales balance
2. Expense balances without adjustments
3. Expense balances with adjustments
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 6-3
4
RECORDING NET INCOME, AND TOTALING
page 164
AND RULING A WORK SHEET
4
1. Single rule
2. Totals
3. Net income
3
4. Extend net income
5. Single rule
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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1
2
7
5
6. Totals
7. Double rule
LESSON 6-3
5
CALCULATING AND RECORDING A NET
LOSS ON A WORK SHEET
page 165
1
3
1.
2.
3.
4.
Single rule
Totals
Net loss
Extend net loss
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 6-3
6
TERMS REVIEW

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page 166
balance sheet
income statement
net income
net loss
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 6-3

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