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Identify which of the following steps are used to prepare the Income Statement Section of the worksheet: ( Check all that apply. ) Multiple select
Identify which of the following steps are used to prepare the Income Statement Section of the worksheet: Check all that apply.
Multiple select question.
extend the revenue account balances from the Adjusted Trial Balance to the credit columns of the Income Statement Sections
calculate the total of the Debit and Credit columns
extend the expense account balances from the Adjusted Trial Balance to the debit columns of the Income Statement Sections
confirm that total debits equal total credits
extend the equity account balances from the Adjusted Trial Balance to the credit columns of the Income Statement Sections
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