Worksheet: Definition, Types, Preparation Process (Explained)

Worksheet: Definition, Types, Preparation Process (Explained)

Worksheet is a multiple column form that is used in preparing and adjusting financial statement. There are 3 types of the worksheet; (1) General worksheet, (2) Detailed worksheet, (3) Audit worksheet. For preparing accounting worksheet you must follow 8 Simple Steps to verify accounting information accuracy before preparation of financial statements. Prepare financial statements from a worksheet is relatively easy because all necessary accounting information is properly presented and structured in the worksheet.