A worksheet can be thought of as a(n)
A) permanent accounting record.
B) optional device used by accountants.
C) part of the general ledger.
D) part of the journal.

Question

Quizplus · Accepted Answer

A worksheet is not a permanent accounting record, but rather a tool used by accountants to aid in the preparation of financial statements. It is not a part of the general ledger or journal, but rather a separate document used to organize and summarize information from those records. While worksheets can be helpful, they are not mandatory and some accountants may choose not to use them.

A Worksheet Can Be Thought of as A(n)