Which of These Is the Correct Treatment on the Worksheet

question 50

Multiple Choice

Which of these is the correct treatment on the worksheet of the nominated item?

• A) For GST collection, credit the income statement and credit the balance sheet.
• B) For depreciation, debit the balance sheet and credit the adjustments.
• C) For profit earned, debit the income statement and credit the balance sheet.
• D) For cash at bank, credit the adjustments and debit the balance sheet.

---

Definitions:

Date Rape

A form of sexual assault where the victim is attacked by someone they know in a social setting.

Miscommunication

A failure to convey or understand a message correctly, leading to misunderstandings or errors.

Confidence Interval

A range of values, derived from sample statistics, that is believed to contain the true value of an unknown population parameter with a specified level of confidence.

Margin Of Error

A statistic expressing the amount of random sampling error in a survey's results, indicating the expected range in which the true value lies.