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77julia77 [94]
3 years ago
14

A worksheet A. is an internal document that helps summarize data for the preparation of financial statements. B. is a ledger lis

ting the account balances and changes in those accounts. C. is a journal used to record transactions. D. is a financial statement that reports net income during the period.
Business
1 answer:
Triss [41]3 years ago
3 0

Answer:

The correct answer is letter "A": is an internal document that helps summarize data for the preparation of financial statements.

Explanation:

In Accounting, worksheets are reports created at the end of a period to include all accounts' balances, adjustments, and adjustments' balances in financial orders. This is a summary of all the transactions of the accounting period that enables companies to prepare their Financial Statements. The worksheet represents the draft of the <em>Trial Balance</em>.

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4 years ago
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4 years ago
Based on the following information, calculate net income for Dana's Dress Shop using the traditional format. Sales $360,000 Gros
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