Search for an example of a worksheet. Explain the different columns included in the worksheet.

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Accounting Worksheet Columns Included:-Unadjusted Trial Balance-Adjusting Entries -Adjusted Trial Balance-Income Statement-Balance SheetExplanations:Unadjusted Trial BalanceA column contains all the company’s assets, liability, expenses, and revenue accounts, which are used in a concerned year.Adjusting EntriesAll the accounts of the company, which requires the passing of the adjustment entry will get listed in the adjustment column.Adjusted Trial BalanceThe adjusted trial balance will be prepared by combining the entries of the previous two columns, Unadjusted trial balance, and adjustments.Income StatementA column contains the values concerning the expenses and revenue accounts only. In this case, if the value of total revenue exceeds the expense column, then the difference will be the net income of the year of the company as it is earning more revenues in the year than what it is spending on its expenses.Balance SheetA column contains the values with respect to the assets, liabilities, and owner’s capital only. Sana makatulong! #PaLikeNaman

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Search For An Example Of A Worksheet. Explain The Different Columns Included In T…

Accounting Worksheet

Columns Included:

Explanations:

Sana makatulong!

Accounting Worksheet

Columns Included:

Explanations:

Sana makatulong!

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