Which of the following appears in the balance sheet debit column of a worksheet?
A)service revenue
B)income summary
C)owner withdrawals
D)accounts payable

Name: Which of the following appears in the balance sheet debit column of a worksheet? A)service revenue B)income summary C)owner withdrawals D)accounts payable
Brand: Quizplus
Rating: 4.9 (35 reviews)

Question

Quizplus · Accepted Answer

Owner withdrawals appear in the balance sheet debit column of a worksheet because they represent amounts taken out of the business by the owner, reducing the owner's equity.

Which of the Following Appears in the Balance Sheet Debit