balancesheet ppt indus university
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BALANCE SHEET
RAMEEZ HASSAN BS MECHATRONIcS
ID. 1308-2012Date:07-jun-2014
FINANCIAL STATEMENT
1. Income Statement2. Capital Statement
3. Balance Sheet4. Cash Flow
BALANCE SHEET … ?
A Financial Statement that reports the Assets, Liabilities,
and Owner’s Equity at a specific date.
OTHER CURRENT ASSETS
Balance Sheet contains :
ASSETS
LIABILITIES
EQUITY
CURRENT ASSETS
LONG TERM
LIABILITIES
SHORT TERM
LIABILITIES
OWNER’S EQUITY
Here is the Pattern …
ASSETS = LIABILITIES + EQUITY
2 Forms of BALANCE SHEET
• Report FormASSETS listed above LIABILITIES
and EQUITY
• Account FormThe ASSETS’s account is placed in the left and LIABILITIES and EQUITY are placed in the right
PANDAWA WHOLESALE SUPPLYBALANCE SHEET
December 31, 2012
ASSETS
Current Assets
Cash 50.000.000
Accounts Receivable 36.500.000
Inventories 47.500.000
Supplies 1.350.000
Total Current Assets 135.350.000
Non Current Assets
Equipment 64.000.000
Accum. Dep Equipment (10.000.000)
Total Non Current Assets 54.000.000
Total Assets 189.350.000
LIABILITIES AND OWNER’S EQUITY
Current Liabilities
Accounts Payable 34.000.000
Expense Payable 2.500.000
Total current liabilities 36.500.000
Long Term Liabilities
Bank Loan 52.850.000
Owner’s Equity
Pandawa, Capital 100.000.000
Total Liabitities and owner’s equity 189.350.000
REPORT
FORMBALANCE
WHOLESALE SUPPLYBALANCE SHEET
December 31, 2012
ASSETS LIABILITIES AND OWNER’S EQUITY
Current Assets Current Liabilities Cash 50.000.000
Accounts Payable 34.000.000
Accounts Receivable 36.500.000
Expense Payable 2.500.000
Inventories 47.500.000
Total current liabilities 36.500.000
Supplies 1.350.000 Long Term Liabilities
Total Current Assets 135.350.000
Bank Loan 52.850.000
Non Current Assets
Equipment 64.000.000 Owner’s Equity
Accum. Dep Equipment (10.000.000) Pandawa, Capital 100.000.000
Total Non Current Assets 54.000.000
Total Assets 189.350.000
Total Liabitities and owner’s equity 189.350.000
BALANCEACCOUNT FORM
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