Which of the Following Is the LAST Step of Preparing

question 5

Multiple Choice

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

• A) Compute 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.
• B) On the income statement column, compute net income. Enter net income 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 owner's 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) Enter the adjusting entries in the adjustments columns, and total the amounts.

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Definitions:

Hardware

The physical components of a computer system, such as the CPU, memory, and input/output devices.

IT

Information Technology, which involves the use of computers, storage, networking, and other physical devices, infrastructure and processes to create, process, store, secure, and exchange all forms of electronic data.

Law Enforcement

The system by which certain members of society act in an organized manner to enforce the law by discovering, deterring, rehabilitating, or punishing people who violate the rules and norms governing that society.

Drones

Unmanned aerial vehicles (UAVs) operated by remote control or onboard computers, used for a variety of tasks including surveillance, delivery, and photography.