Which of the following errors would cause the Balance Sheet and Statement of Changes in Equity 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 Changes in Equity Debit column.
D) Entering a revenue amount in the Balance Sheet and Statement of Changes in Equity Debit column.
E) Entering a liability amount in the Balance Sheet and Statement of Changes in Equity Credit column.

Question

Quizplus · Accepted Answer

The Answer of Which of the following errors would cause the Balance Sheet and Statement of Changes in Equity 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 Changes in Equity Debit column.
D) Entering a revenue amount in the Balance Sheet and Statement of Changes in Equity Debit column.
E) Entering a liability amount in the Balance Sheet and Statement of Changes in Equity Credit column.

Which of the Following Errors Would Cause the Balance Sheet