Lesson 6 3
- 1. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 6-3LESSON 6-3 Extending Financial Statement Information on a Work Sheet
- 2. 2 LESSON 6-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning EXTENDING BALANCE SHEET ACCOUNTEXTENDING BALANCE SHEET ACCOUNT BALANCES ON A WORK SHEETBALANCES ON A WORK SHEET page 162 1. Debit balances without adjustments 2. Debit balances with adjustments 3. Credit balances without adjustments 33 22 11
- 3. 3 LESSON 6-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning EXTENDING INCOME STATEMENT ACCOUNTEXTENDING INCOME STATEMENT ACCOUNT BALANCES ON A WORK SHEETBALANCES ON A WORK SHEET page 163 1. Sales balance 2. Expense balances without adjustments 3. Expense balances with adjustments 11 33 22
- 4. 4 LESSON 6-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 1. Single rule 2. Totals 3. Net income RECORDING NET INCOME, AND TOTALINGRECORDING NET INCOME, AND TOTALING AND RULING A WORK SHEETAND RULING A WORK SHEET 4. Extend net income 6. Totals 66 7733 55 221144 5. Single rule 7. Double rule page 164
- 5. 5 LESSON 6-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning CALCULATING AND RECORDING A NETCALCULATING AND RECORDING A NET LOSS ON A WORK SHEETLOSS ON A WORK SHEET page 165 2. Totals 3. Net loss 4. Extend net loss 1. Single rule 22 11 33 44
- 6. 6 LESSON 6-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning TERMS REVIEWTERMS REVIEW balance sheet income statement net income net loss page 166
- 7. 6 LESSON 6-3CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning TERMS REVIEWTERMS REVIEW balance sheet income statement net income net loss page 166