The difference between the totals of the debit and credit columns of the Adjusted Trial Balance columns on a work sheet
A) is the amount of net income or loss
B) indicates there is an error on the work sheet
C) is the amount of retained earnings
D) is the difference between revenue and expenses

Question

Quizplus · Accepted Answer

The adjusted trial balance should have equal totals for debit and credit columns. A difference indicates an error in the worksheet.

The Difference Between the Totals of the Debit and Credit