Sections:

The Accounting Worksheet, Page 2

Icon for Objectives The Accounting Worksheet: Objectives

After you have completed this section, you will be able to:

  1. Explain the purpose of worksheets. 
  2. Describe the parts of a six-column worksheet. 
  3. Prepare a six-column worksheet. 
  4. Calculate the net income and net loss. 
  5. Define the accounting terms introduced in this chapter.