Page 43 - Participant Guide - Unanet GovCon Closing a Fiscal Period (2)
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Check Your Understanding
1. What report presents balances of all Asset and Liability, and Equity account
types as of a specific Fiscal Period?
a) Income Statement
b) GL Summary (Trial Balance)
c) Balance Sheet
2. What report presents balances for all Revenue and Expense account types
through a specific Fiscal Period?
a) Income Statement
b) GL Summary (Trial Balance)
c) Balance Sheet
Refer to Appendix A for answers to the Check Your Understanding questions
LESSON 5: GENERATE FINANCIAL STATEMENTS
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