ACCT 201 at Towson University

6. The Classified Balance Sheet

in Topic 2 (Video 6 of 12)
The Classified Balance Sheet lets us see our assets and liabilities by groups, which gives us a little better overview.

This Video Mentioned Some Formulas

Assets = Liabilities + Shareholder's Equity (Or Owner's Equity)
Beginning RE
+ Net Income
– Dividends
Ending RE

Did I miss anything in Topic 2?

What Did I Miss?