Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 4 - Accrual Accounting Concepts - Questions: 36

Answer

This Basic form of a worksheet is as follows: - Account Name - Two columns for the trial balance - Next two columns to adjusted trial balance - Next two columns for income statement - Last two columns for balance sheet.

Work Step by Step

Totals are given at the end of each column, and net income/ net loss at the and of income statement.
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