Asked by
Brayden Roberts
on Oct 16, 2024Verified
An optional columnar working paper used to prepare a company's unadjusted trial balance,adjusting entries,adjusted trial balance,and financial statements is a(n) :
A) Adjusted trial balance.
B) Work sheet.
C) Post-closing trial balance.
D) Unadjusted trial balance.
E) General ledger.
Columnar Working Paper
An accounting paper used for preparing financial statements or other reports, organized with columns to facilitate data entry and comparison.
Adjusted Trial Balance
A statement listing all accounts and their final balances after adjustments, used to verify the balance of debits and credits.
Unadjusted Trial Balance
A list of all the general ledger accounts and their balances at a specific point in time, before any adjustments are made.
- Identify the role and composition of a worksheet in accounting.
Verified Answer
PO
Learning Objectives
- Identify the role and composition of a worksheet in accounting.