Question Details

A worksheet is a multiple column form that facilitates



1.	A worksheet is a multiple column form that facilitates the
a.	identification of events.
b.	measurement process.
c.	preparation of financial statements.
d.	analysis process.


	2.	Which of the following companies would be least likely to use a worksheet to facilitate the adjustment process?
a.	Large company with numerous accounts
b.	Small company with numerous accounts
c.	All companies, since worksheets are required under generally accepted accounting principles
d.	Small company with few accounts
 

3.	A worksheet can be thought of as a(n)
a.	permanent accounting record.
b.	optional device used by accountants.
c.	part of the general ledger.
d.	part of the journal.


	4.	The account, Supplies, will appear in the following debit columns of the worksheet.
a.	Trial balance
b.	Adjusted trial balance
c.	Statement of financial position
d.	All of these



	5.	When constructing a worksheet, accounts are often needed that are not listed in the trial balance already entered on the worksheet from the ledger. Where should these additional accounts be shown on the worksheet?
a.	They should be inserted in alphabetical order into the trial balance accounts already given.
b.	They should be inserted in chart of account order into the trial balance already given.
c.	They should be inserted on the lines immediately below the trial balance totals.
d.	They should not be inserted on the trial balance until the next accounting period.




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