Question

Which of the items below does not appear on the work sheet? (Points: 2)

a) adjusting entries
b) the unadjusted trial balance
c) closing entries
d) the drawing account

Answer 1

Answer: c) closing entries

Step-by-step explanation:

An Accounting worksheet is simply used to be able to draft accounting information and make reports from them. As such you will find them with adjusting entries, unadjusted trial balance and the drawing account.

Closing entries are used to close out the books at then end of an accounting period and so will not appear on an accounting worksheet.