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A worksheet is prepared primarily to facilitate the preparation of the financial statements. 2.Chapter 1 Introduction to Accounting and Business; Chapter 2 Analyzing Transactions; Chapter 3 The Adjusting Process; Chapter 4 The Accounting Cycle; Chapter 5 Accounting for Retail Businesses; Chapter 6 Inventories; Chapter 7 Internal Control and Cash; Chapter 8 Receivables; Chapter 9 Long-Term Assets: Fixed and Intangible; …Accounting Chapter 9. 5.0 (2 reviews) Q 9.1: When the replacement cost of an item exceeds its net realizable value. A. the company uses replacement cost as the designated market value. B. the company uses net realizable value less a normal profit margin as the designated market value. C.Chapter 9 — Accounting for Receivables Chapter Outline. 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