ACCOUNTING for Everyone

The Longest Running Online Certified Bookkeeping Course

AFE Quiz 11: The Accounting Worksheet

Answer the questions in order, and when completed, click the Check Score button. Refresh the page if you want to start again. If you’re struggling, you can always just click the Show Correct Answers button.

  1. What is the primary purpose of a worksheet in accounting?




  2. Which of the following is NOT a column typically found on a worksheet?




  3. After adjustments are entered on the worksheet, which columns are updated?




  4. What does the adjusted trial balance on a worksheet show?




  5. Where are net income or net loss entered on the worksheet?




  6. Which of the following is prepared directly from the worksheet?




  7. If the totals of the income statement columns on the worksheet do not match, what does this indicate?




  8. Which step comes immediately after completing the worksheet?




  9. Which of the following is TRUE about the worksheet?




  10. What is the effect of omitting an adjustment on the worksheet?




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