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10 - column worksheet
03-23-2011, 07:15 PM
Post: #1
10 - column worksheet
Hi,
10 column worksheet has one credit and one debit column with the following
- Trial Balance consists each account’s unadjusted balance.
- Adjustments with any adjusting entries.
- Adjusted Trial Balance with the combination of the unadjusted balance and any adjustments.
- Income Statement holding the adjusted balances for the revenue, expense, gain and loss accounts.
- Balance Sheet containing the adjusted balances for the asset, liability and owner’s equity accounts.

Net income = total of debit column - total of credit column.
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