Which of the following statements is incorrect concerning the worksheet? (a) The worksheet is essentially a working
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Question:
(a) The worksheet is essentially a working tool of the accountant.
(b) The worksheet is distributed to management and other interested parties.
(c) The worksheet cannot be used as a basis for posting to ledger accounts.
(d) Financial statements can be prepared directly from the worksheet before journalizing and posting the adjusting entries
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
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