How do you construct balance sheet?

Need simple answer for an Accounting Trial Balance/Balance Sheet problem please =)?

• This is my first year in an accounting class. I an trying to make the Balance Sheet. "Cash Dividends Paid" is on the trial balance and I'm not sure if this does onto the Balance Sheet (as a liability or Stock. Eq possibly?) or if it goes onto the Income Statement? Really confused because my Balance Sheet is not balancing =(

• Answer:

  A dividend paid is a Liability as it is owed to the shareholder. when a share is sold it goes in to the income. Hope this helps. but with out the full porblem listed here I am not sure.