On pages 155 to 156 answer the following questions and check yourself on pages 175-176
- Page 155 Multiple Choice question #5
- Page 156 question #3
LO4–Finding Errors on the Work Sheet
- Check the addition of all columns.
- Check the addition and subtraction required when extending to the Adjusted Trial Balance columns.
- Make sure the adjusted account balances have been extended to the appropriate columns.
- Make sure that the net income or loss has been added to the appropriate columns.
- Please SHOW ME EACH ONE BEFORE YOU PROCEED TO THE NEXT ONE:
- In-Class Exercise: Complete Problems P5-17A, P5-17B–PRINT THIS TO DO THE PROBLEMS