Learning outcomes
Why businesses keep accounts
Trading, profit and loss accounts
Vertical balance sheet
Example of a vertical balance sheet
Trading, profit and loss account activity
Vertical balance sheet activity
Consolidation task producing final accounts
Glossary

Final Accounts

Vertical balance sheet activity

An incomplete vertical balance sheet for Molly's Sweet Shop for the year ended
September 2006 is shown below. Click View table to see the figures needed to complete the balance sheet. Drag the figures to the correct places on the account. When you have all the figures in place, click Calculate to find out if you have made the balance sheet balance.





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