Which of the Following Is the LAST Step of Preparing

question 55

Multiple Choice

Which of the following is the LAST step of preparing the worksheet?

• A)Enter the adjusting entries in the adjustments columns,and total the amounts.
• B)On the Income statement column,calculate profit.Enter profit or loss as the balancing amount on the Income statement and balance sheet columns.Total the Income statement and balance sheet columns.
• C)Copy the asset,liability and owners' equity amounts from the adjusted trial balance to the balance sheet columns.Copy the revenue and expense amounts to the Income statement columns.Total each column.
• D)Calculate each account's adjusted balance by combining the trial balance and adjustment figures.Enter each account's adjusted amount in the adjusted trial balance columns.

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Definitions:

Signaling Scent

Odors or fragrances emitted by organisms or substances, used to communicate or indicate presence.

Social Functions

The roles or responsibilities of an entity or individual within a society that contribute to its operation and stability.

Olfaction

The sense of smell, a process by which the olfactory system detects and identifies odors.

Species Identification

The process of determining the exact species of an organism based on physical characteristics, genetic analysis, or other scientific methods.