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LAST QUESTION I NEED HELPPPPPP Following the accounting cycle, what would an accountant do right after making an adjusted trial balance?

A. make a worksheet
B. make a trial balance
C. adjust entries
D. close the entries

User McDowell
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1 Answer

3 votes

Answer:

A

Explanation:

Following the accounting cycle, an accountant would make a worksheet right after making an adjusted trial balance. The worksheet is a tool used by accountants to prepare financial statements and to adjust entries. The worksheet summarizes the data in the trial balance and makes it easier for the accountant to prepare the financial statements. The worksheet includes adjustments for accruals, prepayments, depreciation, and other items that were not recorded in the original journal entries. Once the worksheet is complete and the financial statements have been prepared, the accountant would then close the entries to start a new accounting cycle. Therefore, the correct answer is A. make a worksheet.

User Gvanto
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