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In accounting, a lead sheet is a form that contains a summary or index of information. These types of sheets can be found on many accounting programs.
The relationship between the accounting equation and the balance sheet is the NET PROFIT. ( I THINK :/ )
Straight from my text, the difference is that an accounting balance sheet omits significant assets and liabilities and the accounting balance sheet does not report all assets and liabilities at their market value (the accounting balance sheet records a book value; ie the dollar value paid for an item). With respect to which assets and liabilities that are omitted, I am not sure.
It is important for all business owners and workers to understand how to create an income statement. In this instance you identify the revenue and expense on the unadjusted trial balance sheet. You should prepare two columns under net income then figure out the credit and debit balances. Then you add the three totals together. Subtract the revenue from the expenses to calculate the net income.
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service revenue
In accounting, a lead sheet is a form that contains a summary or index of information. These types of sheets can be found on many accounting programs.
Data Sheet
there are an infinite number of columns and row in a spreadsheet
It is called a DATA SHEET.
An 8-column worksheet is standard for the following: Unadjusted Trial Balance, Adjustments, Adjusted Trial Balance, Income Statement, and Balance Sheet. The 10-column worksheet has an extra two columns for the Post-Closing Trial Balance.
The relationship between the accounting equation and the balance sheet is the NET PROFIT. ( I THINK :/ )
Straight from my text, the difference is that an accounting balance sheet omits significant assets and liabilities and the accounting balance sheet does not report all assets and liabilities at their market value (the accounting balance sheet records a book value; ie the dollar value paid for an item). With respect to which assets and liabilities that are omitted, I am not sure.
Rows across the sheet, columns down the sheet. The individual places for data are called cells.
Maximum sheet size is 1024 columns by 1048576 rows.