If an account has a debit balance of $2,000 in the Trial Balance section of a worksheet and there is a credit of $600 in the Adjustments section, the account balance in the Adjusted Trial Balance section of the worksheet is a
A)$1,400 debit.
B)$1,400 credit.
C)$600 credit.
D)$2,600 debit.

Question

Quizplus · Accepted Answer

To find the account balance in the Adjusted Trial Balance section of the worksheet, we need to add the debit balance from the Trial Balance section and any adjustments made in the Adjustments section.

Starting with the debit balance of $2,000 and adding the credit adjustment of $600, we get:

$2,000 (debit) + $600 (credit) = $1,400 (debit)

Therefore, the account balance in the Adjusted Trial Balance section of the worksheet is $1,400 debit.

If an Account Has a Debit Balance of $2,000 in the Trial