CXC CSEC Principles of Accounts (POA) - Balance sheet calculations

CXC CSEC Principles of Accounts (POA) - Balance sheet calculations

Here is an interactive demo of a company's balance sheet showing how to calculatethe various data types in Accounts e.g. cash ratio, debt -ratio etc...

Fivestar

Sansha (not verified) 4 January 2009 - 3:36pm

Hey Admin, thanks for posting the balance sheet and especially those ratios. I've been having a bit of trouble with those and it looks like a lot of help to me. It's straight forward and very easy to understand.

BALANCE SHEET

1.FIXED ASSETS

LISTS THEM

2. CURRENT ASSETS

LISTS THEM

3. LESS CURRENTS LIABILITIES

LISTS THEM

4. FINANCED BY:
LONG TERM LIABILITIES

LOAN MORTGAGE
OWNERNS EQUITY
CAPITAL
ADD: NET PROFIT

LESS DRAWINGS

guest (not verified) 19 January 2011 - 7:07pm

I NEED HELP WITH MY PROFIT AND LOSS ACCOUNT I WANT TO KNOW WHAT TO DO

starberry (not verified) 3 August 2011 - 10:07pm

hi i am new to priciples of accounts i dont really understand it an i need sum help wit double entry an trial balance

guest (not verified) 4 August 2011 - 1:31pm

hen doing the accounts sba. wat is done first rite now i'm getting confused

Savanna (not verified) 4 February 2012 - 12:07pm

NEED HELP WITH THIS QUESTION.wHERE AND HOW DO I PUT THIS IN THE CASHBOOK.AUG 6 -Sold goods on credit to B.Sediment for $8000.00 offering a 2% cash discount for payment before the end of the month. On Aug 29 received a cheque from B.Sediment in full settlement of account.How do I put this in the Cashbook.

Raelene (not verified) 21 March 2012 - 8:48pm

In reply to by Savanna (not verified)

Debit cash 7840, 160 discount allowed. This is done since the payment was made before the month was completed.

guest (not verified) 4 April 2012 - 10:56pm

how do u work out the net working capital?

guest (not verified) 15 May 2012 - 4:01pm

In reply to by guest (not verified)

current asset- current liabilities

trudy (not verified) 4 March 2013 - 5:32pm

how do i calculate closing stock to find a ratio for my sba.

guest (not verified) 19 May 2013 - 8:59pm

how would i prepare a journal entry to write off the bad debts receivable which where Nat Lewis $850, Jeb Steven $ 3600 and Anna Tomas $450

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