Click on the links below for the exercise and related materials.
Exercise
bs.wbn.bse.040 Recording BSE entries and creating balance sheets [pdf]
Exercise Materials
JP's Smart Phone, Inc. chart of accounts, beginning balances, and net effects of other entries [pdf]
JP's Smart Phone, Inc. blank balance-sheet-equation matrix [pdf]
JP's Smart Phone, Inc. blank balance sheet [pdf]
Alternatively, use one of the following Excel templates:
JP's_smartphone_worksheets [xlsx] JP's_smartphone_worksheets [xls]
Exercise Solution
bs.wbn.bse.040 Solution [pdf]