On the work sheet,under what circumstances will the last two columns be in balance after the initial footing?
A)Under all circumstances,assuming no arithmetical errors have been made
B)When net income is zero
C)When no adjustments have been entered on the work sheet
D)Under no circumstances

Question

Quizplus · Accepted Answer

The last two columns on the worksheet represent the adjusted trial balance, and if the net income is zero, then the total debits and total credits will be equal, resulting in a balanced trial balance. Therefore, option B is the correct answer.

On the Work Sheet,under What Circumstances Will the Last Two