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If, in Preparing a Work Sheet, an Adjusted Trial Balance

Question 19

Multiple Choice

If, in preparing a work sheet, an adjusted trial balance amount is sorted to the wrong work sheet column, the Balance Sheet columns will balance on completing the work sheet, but with the wrong profit, if the amount sorted in error is:


A) A liability amount entered in the Income Statement Credit column.
B) A revenue amount entered in the Balance Sheet Debit column.
C) An asset amount entered in the Balance Sheet Credit column.
D) A liability amount entered in the Balance Sheet Debit column.
E) An expense amount entered in the Balance Sheet Credit column.

Correct Answer:

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