Which of the following errors would cause the Balance Sheet and Statement of Retained Earnings columns of a work sheet to be out of balance?
A)Entering an asset amount in the Income Statement Debit column.
B)Entering a liability amount in the Income Statement Credit column.
C)Entering an expense amount in the Balance Sheet and Statement of Retained Earnings Debit column.
D)Entering a revenue amount in the Balance Sheet and Statement of Retained Earnings Debit column.
E)Entering a liability amount in the Balance Sheet and Statement of Retained Earnings Credit column.

Question

Quizplus · Accepted Answer

The Answer of Which of the following errors would cause the Balance Sheet and Statement of Retained Earnings columns of a work sheet to be out of balance?
A)Entering an asset amount in the Income Statement Debit column.
B)Entering a liability amount in the Income Statement Credit column.
C)Entering an expense amount in the Balance Sheet and Statement of Retained Earnings Debit column.
D)Entering a revenue amount in the Balance Sheet and Statement of Retained Earnings Debit column.
E)Entering a liability amount in the Balance Sheet and Statement of Retained Earnings Credit column.

Which of the Following Errors Would Cause the Balance Sheet