Accounting Ch.8- The 6 column worksheet
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Assessment
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Amanda Snyder
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Business
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10th - 12th Grade
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3 plays
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Medium
Student preview
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30 questions
Show answers
1.
Multiple Choice
Which information is not contained in the worksheet heading?
The period covered
The name of the accounting form
The business name
The accountant's name who prepared the worksheet
2.
Multiple Choice
In what section of the worksheet is the end of the period balance for each account contained?
The Balance Sheet section
The Trial Balance section
The Income Statement section
The Account Name section
3.
Multiple Choice
The asset, liability, and owner's equity accounts are extended to the _________ section of the worksheet.
Balance Sheet
Income Statement
Retained Earnings
Trial Balance
4.
Multiple Choice
Revenue and expense accounts are listed in the Trial Balance section of the worksheet and in the ___________ section of the worksheet.
Retained Earnings statement
Balance Sheet
Income Statement
Accounts Payable
5.
Multiple Choice
The amount of net income for the period is added to the Balance Sheet credit total because it increases the balance in the __________ account.
accounts receivable
accounts payable
asset
capital
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