Through the use of a worksheet. Enter the adjustments in the Adjustments columns. The next step is the most important: Enter the appropriate end-of-period adjustments in the Adjustments columns. Sometimes the adjustments require adding accounts to the original trial balance.
The three ledger account titles printed in red were added during the adjusting process. Prepare em adjusted trial balance. Next, an adjusted trial balance is prepared. At this point, the worksheet is almost complete. We have discussed a relatively simple application of the worksheet concept-illustrating the effects of proposed adjusting entries on account balances.
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View Homework Help - Financial Statements week 1 laheimdo.cf from ACC at University of Phoenix. 1 Financial Statements Jorge Negron ACC August 16, Mr. Thomas House, EA.
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