1. The Six-Column Work Sheet
Chapter 8 $
The Six-Column Work Sheet $
Making Accounting Relevant
The ability to organize information is an important skill. In your work, you’ll be asked to present ideas and data. $
In your classes, what information have you been asked to organize and present to others? What did you do to prepare for these presentations? $

2. $ $ $ $ Section 1 Preparing the Work Sheet What You’ll Learn Chapter 8
The purpose of the work sheet.
The kinds of information contained in the heading.
How to prepare a trial balance on a work sheet.
How to rule a section of the work sheet. $ $

3. $ $ $ $ Why It’s Important Key Terms Chapter 8 work sheet ruling
Section 1 Preparing the Work Sheet (cont'd.) $
Why It’s Important
The work sheet is a tool the accountant uses to collect all the information needed for the end-of-period activities. $ $
Key Terms
work sheet
ruling $

4. $ $ $ $ The Sixth Step of the Accounting Cycle: The Work Sheet
Chapter 8
Section 1 Preparing the Work Sheet (cont'd.) $
The Sixth Step of the Accounting Cycle: The Work Sheet
A work sheet is used to collect information from the ledger accounts in one place. $ $ $

5. $ $ $ $ The Work Sheet Heading Chapter 8 (1) The name of the business
Section 1 Preparing the Work Sheet (cont'd.) $
The Work Sheet Heading $
(1) The name of the business
(Who?)
(2) The name of the account-ing form $
(What?) $
(3) The period covered by the work sheet
(When?)

6. $ $ $ $ The Account Name and Trial Balance Sections Chapter 8
Section 1 Preparing the Work Sheet (cont'd.) $
The Account Name and Trial Balance Sections $ $ $

7. $ $ $ $ Ruling and Totaling the Trial Balance Section Chapter 8
Section 1 Preparing the Work Sheet (cont'd.) $
Ruling and Totaling the Trial Balance Section
Total debits must equal total credits. $ $ $

8. $ $ $ $ Check Your Understanding Chapter 8
Section 1 Preparing the Work Sheet (cont'd.) $
Check Your Understanding $
What is the purpose of the work sheet? $ $