Question
The cash balance on the adjusted trial balance will be carried over to a. The debit column of the balance sheet on the worksheet b.
The cash balance on the adjusted trial balance will be carried over to
a. The debit column of the balance sheet on the worksheet
b. The credit column of the balance sheet on the worksheet
c. The debit column of the income statement on the worksheet
d. None of these choices \\\\
Net income is recorded on the worksheet under the:
A. | credit column of the income statement and the debit column of the balance sheet. | |
B. | debit column of the adjusted trial balance and the credit column of retained earnings. | |
C. | debit column of the income statement and the credit column of the balance sheet. | |
D. | credit column of the adjusted trial balance and the debit column of retained earnings. |
Step by Step Solution
3.56 Rating (153 Votes )
There are 3 Steps involved in it
Step: 1
1 a The cash balance on the adjusted trial balance w...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
Students also viewed these Accounting questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App