5
Schedule L Cash Tie-Out
Practice matching ending cash from fake workpapers to the balance sheet.
Drills
Choose an area, then do a short drill.

Skill focus
A quick drill helps the next return feel easier.
Use drills for one small accounting skill at a time.
Current focus
Schedule L tie-outs
Practice matching ending cash from fake workpapers to the balance sheet.
Trace accounts receivable from a workpaper to Schedule L.
Map accounts payable support to the correct balance sheet line.
Use the balance sheet equation to find which section is off.
Tie retained earnings movement to income, distributions, and balance sheet diagnostics.