The Prepaid Rent Account Has a Balance That Is $400

Multiple Choice

The prepaid rent account has a balance that is $400 less in the worksheet's balance sheet debit column than in the worksheet's trial balance debit column. This would be the result of a:

A) $400 entry to prepaid rent in the worksheet's adjustments debit column.
B) $400 entry to prepaid rent in the worksheet's adjustments credit column.
C) $400 entry to rent expense in the worksheet's adjustments credit column.
D) mistake in cross-adding the worksheet.