When a worksheet is used, all but one of the following statements is correct. The incorrect statement is
A) Reconciling items on the worksheet are not journalized or posted.
B) The bottom portion of the worksheet shows the statement of cash flows effects.
C) The statement of financial position accounts portion of the worksheet is divided into two parts: assets, and liabilities and equity.
D) Each line pertaining to a statement of financial position account should foot across.

Question

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The Answer of When a worksheet is used, all but one of the following statements is correct. The incorrect statement is
A) Reconciling items on the worksheet are not journalized or posted.
B) The bottom portion of the worksheet shows the statement of cash flows effects.
C) The statement of financial position accounts portion of the worksheet is divided into two parts: assets, and liabilities and equity.
D) Each line pertaining to a statement of financial position account should foot across.

When a Worksheet Is Used, All but One of the Following