Worksheet
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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.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Worksheet
Learning Material
Covered in Topic(s)
| The Accounting Cycle: Reporting Financial Results |