10 - column worksheet - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=7) +--- Thread: 10 - column worksheet (/showthread.php?tid=9674) |
10 - column worksheet - Rithika - 03-23-2011 Hi, 10 column worksheet has one credit and one debit column with the following - Trial Balance consists each accountâs 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 ownerâs equity accounts. Net income = total of debit column - total of credit column. |