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GB 518 Quiz 2

GB518 Financial Accounting Principles and Analysis
1.
Question :
Financial statements are typically prepared in
the following order:
Balance sheet, statement of retained earnings,
income statement
Statement of retained earnings, balance sheet,
income statement
Income statement, balance sheet, statement of
retained earnings
Income statement, statement of retained
earnings, balance sheet

Question 2. Question :
A 10-column spreadsheet used to draft
a company's unadjusted trial balance, adjusting entries, adjusted trial
balance and financial statements and which is an optional tool in the
accounting process is a(n):
Adjusted trial balance

Work sheet