Which of the Following Errors Would Cause the Balance Sheet

question 214

Multiple Choice

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

Comprehend the significance of direct and vigorous sentences through the use of active voice.

Recognize and avoid outdated phrases in business messages.

Implement a conversational tone in most business messages.

Understand the structure of sentences (simple, compound, complex, compound-complex) and their appropriateness in business communication.

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Definitions:

S.A.V.E. Framework

An approach emphasizing Solution, Access, Value, and Education for marketing in contrast to traditional methods.

Familiarity And Trust

The relationship between how well we know something or someone and the confidence we place in them or it.

Value

The importance, worth, or usefulness of something to someone, often measured in terms of monetary, social, or strategic significance.

S.A.V.E. Framework

A marketing concept that focuses on Solution, Access, Value, and Education to better meet customer needs and differentiate from competition.