Question: The purpose of this assignment is to demonstrate your knowledge of Balance Sheet Preparation. Prior to beginning this exercise, it is recommended that you refer
The purpose of this assignment is to demonstrate your knowledge of Balance Sheet Preparation. Prior
to beginning this exercise, it is recommended that you refer to the "Balance Sheet Activity."
The accounts and amounts below were taken from the accounting records of Southern Company on
September
Review the list of accounts and determine, based on the descriptions, which of them should be
included on the Balance Sheet
Prepare Southern's Balance Sheet on the template below, using the proper "format" from the
"Balance Sheet Basic" document. The proper format includes row descriptions and indentions.
and the column in which each row amount should be reported.
Southern Company
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