If in Preparing a Work Sheet an Adjusted Trial Balance

question 111

Multiple Choice

If in preparing a work sheet an adjusted trial balance amount is mistakenly sorted to the wrong work sheet column. The Balance Sheet columns will balance on completing the work sheet but with the wrong net income, if the amount sorted in error is:

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

---

Definitions:

Inhale Deeply

The act of taking a long, slow breath in, which increases oxygen intake and can promote relaxation or prepare the body for intense activity.

Self-Destructive Habit

Behaviors or activities that are harmful to oneself and that undermine one’s health, well-being, or quality of life.

Addiction

A psychological and physical inability to stop consuming a chemical, drug, activity, or substance, even though it is causing harm.

Seasonal Affective Disorder

A type of depression that occurs at a specific time of the year, typically in winter, when there is less natural sunlight.