WORKING PAPERS F/ FUND ACCOUNTING
WORKING PAPERS F/ FUND ACCOUNTING
22nd Edition
ISBN: 9781308868394
Author: Wild
Publisher: MCG CUSTOM
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Chapter 4, Problem 3QS
To determine

Concept Introduction:

• A worksheet is a useful tool in preparing accounting information.

• It helps in working with a large number of accounts and adjustments.

• It is not a required report but it helps in preparing monthly or quarterly financial statements when adjusting entries are done till the year-end.

• It saves time in analyzing and interpreting the accounts.

• It helps in planning processes. The worksheet is used to make adjusting journal entries and it helps in examining the overall effect of the entries before posting the entries.

To determine:

• The Amount for B. Warton Capital account.

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Chapter 4 Solutions

WORKING PAPERS F/ FUND ACCOUNTING

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