To Use Excel to Process Data Stored in Access,it Is

question 12

True/False

To use Excel to process data stored in Access,it is recommended to rekey all of the Access data into Excel.

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Definitions:

Net Income

The net income of a business following the subtraction of all costs and taxes from the overall income.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments have been made for errors, accruals, and deferrals, used to prepare financial statements.

Income Statement

A report detailing a business's income, expenditures, and net earnings or losses for a given time frame.

Adjusted Trial Balance

is a list of all accounts and their balances after making adjustments, used to verify the equality of debits and credits.