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AfilCa [17]
4 years ago
15

Which of the items below does not appear on the work sheet? (Points: 2)

Business
1 answer:
Bas_tet [7]4 years ago
4 0

Answer: c) closing entries

Explanation:

An Accounting worksheet is simply used to be able to draft accounting information and make reports from them. As such you will find them with adjusting entries, unadjusted trial balance and the drawing account.

Closing entries are used to close out the books at then end of an accounting period and so will not appear on an accounting worksheet.

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<u>Income Statement</u>

                                                            $                $

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less: Tax (at 25%)                                            <u>(33750)</u>

Net Income                                                      <u>101250</u>

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