Solved

Select the Incorrect Statement About Worksheets

Question 80

Multiple Choice

Select the incorrect statement about worksheets.


A) Worksheets facilitate the preparation of financial statements.
B) The income summary account is used to determine net income for the period.
C) Two trial balances appear on the worksheet.
D) The income statement section precedes the retained earnings statement section.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions