Balance Sheet Problem
Enter the Beginning and Ending values for the following students Balance Sheet. When
you have finished determine the students change in Net Worth from the Beginning of the
year to the End of the year.
Beginning Values
Ending Values
Current /Operating Assets
Current/Operating Assets
Cash on hand
Stock/Bonds
Accounts Receivable
Feed/Supplies
Market Hog
Cash on hand
Stocks/Bonds
Accounts Receivable
Feed/Supplies
Market Hog
$250.00
$4,000.00
$1,00.00
$230.00
$95.00
Liabilities
Accounts Payable
$390.00
$4,900.00
$125.00
$330.00
$125.000
Liabilities
$450.00
Accounts Payable
$250.00
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!ANSWER THESE QUESTIONS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What is the Beginning Owner Equity/Net Worth?____________________
What is the Ending Owner Equity/Net Worth?______________________
What is the change in Owner Equity/Net Worth from the Beginning to Ending?____
Did the Owner Equity/Net Worth increase or decrease?_________________