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Q: What is the main purpose of a financial statement worksheet and its benefits?
A: One of the primary uses for a worksheet is for the information it contains. After adjusting entries are made and closing entries are finalized, the financial statements of a business are generated. [ The worksheet contains all the information needed to prepare these statements. After the financial statements are prepared, the company begins a new worksheet for the following year. Source:
Ehow.com ]
Expert answered|Wiawen|Points 84|
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Asked 5/15/2013 8:47:22 PM
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