The worksheet is a tool for creating a trial balance and an adjusted trial balance. It uses all of the accounts contained in the company’s accounting records, records adjusting entries and calculates the final numbers to enter on the financial statement

ASSIGNMENT 1: COMPLETING ACCOUNTING CYCLE PRINCIPLES OF ACCOUNTING I (ACC200) SEMESTER 1, 2020-2021 The financial statement columns of the worksheet for Optimum Prime at May 31, 2020, are as follows: OPTIMUM PRIME Adjusted Trial Balance as at May 31, 2020

An accounting worksheet is a tool used to help bookkeepers and accountants complete the accounting cycle and prepare year-end reports like unadjusted trial balances, adjusting journal entries, adjusted trial balances, and financial statements.