An amount for Retained Earnings would not appear in which of the following work sheet columns?
A) Trial Balance
B) Income Statement
C) Balance Sheet
D) Adjusted Trial Balance

Question

Quizplus · Accepted Answer

Retained Earnings would not appear in the Income Statement column of the work sheet as it is a Balance Sheet account that reflects the accumulated earnings of a company. The Income Statement column includes accounts related to revenue and expenses for a period, such as sales, cost of goods sold, and operating expenses.

An Amount for Retained Earnings Would Not Appear in Which