Accounting - Worksheets and Financial Statements

The financial statement that includes Owner's Equity.

• Balance Sheet 
• Income Statement

The financial statement that includes Revenue.

• Balance Sheet
• Income Statement 

The financial statement that includes Expenses.

• Balance Sheet
• Income Statement

The financial statement that includes Liabilities

• Balance Sheet
• Income Statement

The financial statement that includes the calculation for Net Income/Net Loss

• Balance Sheet 
• Income Statement 

The first two columns of the Work Sheet which contain the balances from the general ledger.

• Balance Sheet
• Income Statement
• Trial Balance
• Adjustments

Definition:  A proof of the equality of debits and credits in a general ledger.

• Trial Balance
• Adjustments
• General Ledger

Concept: Financial information is reported for a specific period of time on financial statements.

• Matching Expenses with Revenue
• Accounting Period Cycle
• Business Entity

A form used to summarize the general ledger

• Balance Sheet
• Worksheet
• Income Statement

Financial Statement that reports ALOE on a specific date.

• Balance Sheet 
• Income Statement