The information needed to prepare a balance sheet is obtained from what?

Question

either from a work sheet's account title column or the balance sheet columns or both

Answer 1

The information needed to prepare a balance sheet is obtained from the trial balance. Your trial balance would be captured in a worksheet in which you will have columns for income statement and balance sheet. The income statement items need to be closed off to an income summary account which is taken to retained earnings in the balance sheet.

The link shows you how this completed worksheet looks like.