All of the following items are associated with a purpose of the work sheet except
A)Recording adjusting entries.
B)Preparing financial statements.
C)Preparing budgets.
D)Recording closing entries.

Question

Quizplus · Accepted Answer

While preparing budgets is an important financial task, it is not typically associated with the purpose of a worksheet. Worksheets are usually used for tasks such as recording adjusting entries, preparing financial statements, and recording closing entries, which are all directly related to the accounting process.

All of the Following Items Are Associated with a Purpose