If the Balance Sheet Columns of a Work Sheet Fail

question 111

Multiple Choice

If the Balance Sheet columns of a work sheet fail to balance when the amount of the net income is added to the Balance Sheet Credit column,the cause could be:

• A) An expense amount entered in the Balance Sheet Debit column.
• B) A revenue amount entered in the Balance Sheet Credit column.
• C) An asset amount entered in the Income Statement Debit column.
• D) A liability amount entered in the Balance Sheet Debit column.
• E) A liability amount entered in the Income Statement Credit column.

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