Question

A columnar working paper used to prepare a company's unadjusted trial balance, adjusting entries, adjusted trial balance, and financial statements, and which is an optional tool in the accounting process is a(n):

Answer 1

Work sheet

Step-by-step explanation:

A worksheet is a columnar used to prepare a company unadjusted accounting information and reports

They are often used to draft an unadjusted trial balance, adjusting journal entries, adjusted trial balance, and financial statements which in turn help Accountants prepared end of the year reports, making the report to be accurate and error free.

Worksheet is used in the accounting department to help analyze and summarize account balances easily and stress free.

Answer 2

A Worksheet is a columnar working paper which is used to prepare a company's unadjusted trial balance, adjusting entries, adjusted trial balance, and financial statements. The Worksheet helps in easy preparation of financial statement and it also ensures the arithmetical accuracy. It is useful tool in accounting but it is an optional tool in the accounting process.

Hence the answer is “Worksheet”.