Name of Account Normal Balance Act Financial Statement 100Balance Sheet Type Asset, Current Centres may involve posting a create Depreciate Expenses Commee Stock a t Interest Revente con Ceece Stock a t None of the above All the following t h ere are base Accumulated Depreciation Leamed Raven Fees Revenue Commen Stock None of the above the current year twice by mistake The effect of accountant for the IN Company made an adjust cond u cators to this error would be An understatement of net income, and wer's quity An overstatement of sand of net income, and an understatement of one's equity An overstatement of income and destek of wat An overstatement of sets offset by an understatement of owner's equity. None of the shows the Son header of cred books theater tickets at h contained in mu o tickets to future pers .co. ing the curent period 1.000 books were sold for $30.000 this s ited to temporary count. At the end of the period it was determined that $10.000 worth of book tickets had been used by customers attending performances. The appropriate sig try at the end of Debit Uneared Ticket Rome $20,000 acred Tiket Revenue $20,000 Debit Chewed Ticket Raven 510,000 and crede Ticket Revenue S10,000 Debit Ticket Reverse 320.000 credit Umred Tiket Reverse 520,000 Debit Ticket Reve 510,000 credit Uncamed Tikka Ravame 510.000 None of the above Use the dowise data for the t enant Fred Company reports these account balances t Accounts Payable uy 1, 2011: Accounts Receivable Accumulated Deprecision Buildings Common Slack Retained Earnings Uncamed Revenue On January 2 2011. Fred (1) collected 516,000 in d of additional shares of common stock ealerned revenue to be cared in the future (2) 35,000 of payable, and (3) sold $20.000 41. uary 1, 2011, the total of the debt columns La a trial balance prepared at $175.000 5345.000 5415,000 None of the above 42 In a trial balance prepared at nuky 2. 2011 (atter the three transactions above were recorded the total of the debit columns $415.000 5411000 $426.000 None of the above 43. On January 2, 2011, the balance sheet (after the three transactions above were recorded) would balanse $104.000 $375,000 $ 5.000 $361,000 None of the above