Back to StatementsLesson 1 of 5
Balance Sheet Builder
Help Sarah create her bakery's balance sheet by dragging items to the correct categories. Remember: Assets = Liabilities + Equity
The Accounting Equation
Assets
$0
$0
=
Liabilities
$0
$0
+
Equity
$0
$0
Assets
Liabilities
Equity
Available Items
Cash
$25,000Money in bank accounts
Equipment
$15,000Ovens, mixers, display cases
Inventory
$5,000Flour, sugar, ingredients
Accounts Receivable
$3,000Money owed by customers
Business Loan
$20,000Bank loan for equipment
Accounts Payable
$8,000Amounts owed to suppliers
Wages Payable
$2,000Unpaid employee wages
Sarah's Capital
$15,000Owner investment
Retained Earnings
$3,000Accumulated profits