Loading
Previous Topic Previous slide Next slide Next Topic
New course

This Course has been revised!

For a more enjoyable learning experience, we recommend that you study the mobile-friendly republished version of this course.

Take me to revised course.

- or -

Continue studying this course

Preparation of reports: 10 Column Worksheet

  • Study Notes
  • Discuss This Topic
    Tashika B.
    US
    Tashika B.

    It shows the balance in a days adjustment.

    BabaJide Martins F.
    TR
    BabaJide Martins F.

    Clearity...

    Alice B.
    GQ
    Alice B.

    What is the difference between balance sheet and profit and loss statement?

    Morne V.
    ZA
    Morne V.

    The worksheet makes preparation of the Profit and Loss statement, and balance sheet easier. Their respective columns are totalled, and the net profit or loss may be determined.

    Sunday O.
    NG
    Sunday O.

    worksheet show your work

    Odongo M.
    UG
    Odongo M.

    Accounting -> Preparation of reports: the 10 column worksheet The 10 column worksheet The 10 column worksheet is a useful tool that shows the effect of balance day adjustments on the Profit and Loss statement and the balance sheet. In the example provided amounts are given for the ledger accounts at the end of the period but before balance day adjustments are made. This trial balance totals and then the adjustments are provided. The impact can be followed through to the financial reports. The worksheet makes preparation of the Profit and Loss statement, and balance sheet easier. Their respective columns are totalled, and the net profit or loss may be determined.

    Manish K.
    NP
    Manish K.

    10 column worksheet is essential for preparing profit and loss and and balance sheet. word document is fruitful.

    Davidson Ade O.
    NG
    Davidson Ade O.

    understood

    Penelope M.
    US
    Penelope M.

    I got it

    Adil N.
    MA
    Adil N.

    What is a 10 column worksheet?

  • Text Version
Notification

You have received a new notification

Click here to view them all