Preparing Worksheets
When preparing a worksheet, follow the steps below:
- The name of the organization should be centered at the top of the page.
- The name of the worksheet should appear below the organization name.
- The period covered (the period may be one month, six months, or one year)should be indicated on the third line.
- The ledger number should be listed in the narrow column on the extreme left.
- The name of the account should be entered in the wide column next to ledger number.
- The next six columns are sub-grouped into debit and credit, and have the following headings:
- Trial Balance
- Income Statement
- Balance Sheet
