Chapter 3 Completing The Accounting Cycle
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The accounting worksheet:
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A work sheet is a multi-columned document used by accountants to
help move data from the trial balance to the financial statements.
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It is an internal document.
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The worksheet provides an overview of adjusting entries and
preparation of Income Statement and Balance Sheet.
REMEMBER THESE ^
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Remember: actual adjustment of the accounts requires journal entries
and
posting the entries to the ledger.
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Balance sheet
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There are 2 types of formats
