Worksheet

Description

A multicolumn schedule showing the relationships among the current account balances (a trial balance), proposed or actual adjusting entries or transactions, and the financial statements that would result if these adjusting entries or transactions were recorded. Used both at the end of the accounting period as an aid to preparing financial statements and for planning purposes.

Wikipedia Reference

http://en.wikipedia.org/wiki/Worksheet

Covered in Topic(s)

The Accounting Cycle: Reporting Financial Results