For the following trial balance, identify the statement in the following list in which each title will
Question:
—† Income Statement (IS)
—† Statement of Owner's Equity (OE)
—† Balance Sheet (BS)
Bernie Co.
Trial Balance
November 20, 2012
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Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For 
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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