Indicate which of the following statements are true or false regarding the work sheet. _____The work sheet

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Indicate which of the following statements are true or false regarding the work sheet.

_____The work sheet is essentially a working tool of the accounting.

_____The work sheet cannot be used as a basis for posting to ledgers.

_____The work sheet is distributed to management and other interested parties.

_____Financial statements can be prepared directly from the work sheet before journalizing and posting the adjusting entries.

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Hospitality Financial Accounting

ISBN: 978-0470083604

2nd Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.

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Question Posted: Feb 06, 2013 06:19 AM

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Indicate which of the following statements are true or false regarding the work sheet. _____The work sheet

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True The worksheet is essentially a working tool of accounting True ...View the full answer

Hospitality Financial Accounting

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