The Balance Sheet Columns on the Worksheet Prepared for Cleveland

question 98

Multiple Choice

The balance sheet columns on the worksheet prepared for Cleveland Foods had subtotals as follows: debit column,$13,000,and credit column,$10,400.This information indicates that:

• A)the company incurred a net income of $2,600.
• B)the company incurred a net loss of $2,600.
• C)an error was made when preparing the adjustments in the worksheet.
• D)the unadjusted trial balance has an error.

---

Definitions:

Electroconvulsive Therapy

A psychiatric treatment involving electrically induced seizures in anesthetized patients, mainly used for severe depression.

Biological Treatment

A treatment for medical conditions that is based on manipulating biological processes, often involving medication or procedures to treat diseases.

Neurosurgery

A medical specialty concerned with the diagnosis and surgical treatment of disorders of the nervous system, including the brain, spinal cord, and peripheral nerves.

Therapeutic Alliance

The cooperative and collaborative relationship between a therapist and a client, considered crucial for effective therapy outcomes.