answersLogoWhite

0


Best Answer

The end-of-period spreadsheet is a working paper used to summarize adjusting entries and the account balances for the financial statements.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do some accountants prepare an end of period spreadsheet?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is a spreadsheet a good accounting tool?

Yes it is. It is widely used in accounting, along with some other applications, to help accountants to do up accounts for businesses and people. A spreadsheet is very versatile and it is used for numerical analysis and manipulation and so it is very useful for accounting.


How are databases and spreadsheets similar?

The data relational model is to do with databases. While you can do databases with a spreadsheet, it is limited compared to a standard database product and it is difficult to implement the relational model effectively. Relational databases use tables that are connected to each other. Spreadsheets lay out data in tabular form and it is possible to have relations between separate tables, but not in the way that it is done in a database. A database sets up a table in a more specialised format and only holds the data it needs. A spreadsheet would have a table in it, but it would not be the complete spreadsheet as you would have lots of unused cells in the spreadsheet. So you would not normally implement a relational database in a spreadsheet.


Are accountants smart?

Some of them are


Are tax professionals accountants?

Tax professionals can be accountants, but it is not necessary. Some people just get trained to do taxes during tax season, and that's it. They are not trained accountants.


What is global formatting in Excel?

It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.It is formatting that is applied to the entire spreadsheet, as opposed to just some cells in it.


Why Microsoft Excel is dbms?

Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.Microsoft Excel is a spreadsheet application. While it does have some database capabilities, it is not a DBMS.


What software is used to perform calculations and numerical analyses?

A spreadsheet is the main application for doing that, so that is the answer. Databases can do some too and also accountancy packages.


Why a shopkeeper wouldn't use a spreadsheet?

Some smaller shopkeepers may not actually need to use a spreadsheet. A spreadsheet is only as good as the information entered into it.


How do you insert a page break into your worksheet in Excel?

Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.Like in a word processor or some other applications, a page break in a spreadsheet determines where a new page starts to print when the spreadsheet is sent to a printer.


What function can CPAs perform that accountants cannot?

In addition, many accountants who do not have a CPA designation perform services similar to some of the services--but not audits--performed by CPAs.


The National Association of State Boards of Accountancy was founded to address which concerns?

While the regulation of certified public accountants (and in some jurisdictions public accountants or licensed public accountants) exists on a state-by-state basis, the boards share many concerns


What are daily activities of an accountant?

Accountants assign costs to jobs and create reports to ensure that managers are taking care of the business. Some accountants also handle payroll.