Preparing a Balance Sheet

Financial Accounting and Financial Statement Analysis, Module

Preparing a Balance Sheet

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This lesson shows how to prepare a Balance Sheet in Excel, linking from the adjusted trial balance to calculate assets, liabilities, and equity.

Categories: Financial Accounting and Financial Statement Analysis, Module Tags: accounting cycle, assets liabilities equity, Balance Sheet, excel, financial statement preparation

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This video covers the following learning objectives:

Explain the purpose and structure of the Balance Sheet.

Build a Balance Sheet in Excel using adjusted trial balance data.

Apply the accounting equation Assets = Liabilities + Equity.

Differentiate between current and long-term items.

Show the link between Income Statement and Balance Sheet.

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