Question: Appendix: Completing an end - of - period spreadsheet List ( a ) through ( j ) in the order they would be performed in
Appendix: Completing an endofperiod spreadsheet
List a through j in the order they would be performed in preparing and completing an endofperiod spreadsheet.
aAdd the Debit and Credit columns of the Unadjusted Trial Balance columns of the spreadsheet to verify that the totals are equal.
bAdd the Debit and Credit columns of the Balance Sheet and Income Statement columns of the spreadsheet to verify that the totals are equal.
cAdd or deduct adjusting entry data to trial balance amounts, and extend amounts to the Adjusted Trial Balance columns.
dAdd the Debit and Credit columns of the Adjustments columns of the spreadsheet to verify that the totals are equal.
eAdd the Debit and Credit columns of the Balance Sheet and Income Statement columns of the spreadsheet to determine the amount of net income or net loss for the period.
fAdd the Debit and Credit columns of the Adjusted Trial Balance columns of the spreadsheet to verify that the totals are equal.
gEnter the adjusting entries into the spreadsheet, based on the adjustment data.
hEnter the amount of net income or net loss for the period in the proper Income Statement column and Balance Sheet column.
iEnter the unadjusted account balances from the general ledger into the Unadjusted Trial Balance columns of the spreadsheet.
jExtend the adjusted trial balance amounts to the Income Statement columns and the Balance Sheet columns.
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