The difference between the totals of the debit and credit columns of the Adjusted Trial Balance columns on a work sheet
A) is the amount of net income or loss
B) indicates there is an error on the work sheet
C) is not unusual when preparing the work sheet
D) is the net difference between revenue, expenses, and dividends

Question

Quizplus · Accepted Answer

The Adjusted Trial Balance columns should balance, meaning the totals of the debit and credit columns should be equal. If there is a difference, it indicates an error in the work sheet.

The Difference Between the Totals of the Debit and Credit