Question
Which of the following is false regarding the year-end worksheet ? a)It replaces the general journal as the adjusting entries are done on the worksheet
Which of the following is false regarding the year-end worksheet ? a)It replaces the general journal as the adjusting entries are done on the worksheet and therefore are not required in the general journal.B) It is a tool the accountant uses to prepare the adjusting entries so that they can then be journalized and posted and it also allows the financial statements to be compiled (prepared.) C)It is a tool that the accountant uses to prepare closing entries and to discard the journal entries for the closing process. D)It replaces the general ledger or is a backup to the general ledger.
can someone help me with this question Thank you
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